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Business Draw

Tag Archive: energy

The energy crisis and OGCT: how to save your money against the background of the general recession?

The global energy crisis is not only high tariffs for gas and electricity. The consequences are much more serious, because almost any production has energy costs in the cost price. There is no doubt that they will become more expensive. But there is also a positive side: you can still make money on it.

The impact of the energy crisis on the modern economy

Obvious crisis phenomena in the energy market began in the fall of 2021. Several factors contributed to this:

  • a post-covid economic recovery and, as a result, an increase in demand for energy resources. The market did not have time to react to this;
  • cold and long winter of 2021-2022;
  • reduction of coal production and shutdown of some gas fields (for example, Groningen in the Netherlands) against the background of the transition to alternative energy;
  • low efficiency of alternative energy sources due to cold winters and windless