Can Renewable Energy Be a Solution in the Face of the Looming Energy Crisis in the Eu? Ways the Eu Plans on Dealing with the Current Situation

Europe is currently engulfed in an unfolding energy crisis, raising concerns about Vladimir Putin’s Russia’s role in capitalizing on rising demand, limited supply, and geopolitical unpredictability. The issue of rising gas prices is not unique to the United Kingdom and countries like Spain, Italy, Greece, and France have taken drastic measures in recent weeks to mitigate the impact on consumers.

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Steps Taken by the Government to Achieve Renewable Energy Growth in Nigeria

Nigeria is the continent’s leading oil producer. In 2018, it was the world’s fifth-largest exporter of LNG and the continent’s largest natural gas holder. Despite Nigeria being ranked so highly, the country has failed to provide its inhabitants with energy security, which in turn has deeply affected its economy as Nigeria’s heavy reliance on crude oil is deeply affected once there is a slight change in prices. It is no news that energy is a major driver of any economy and the inability to provide the same for day-to-day affairs will have a negative effect on the economy.