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Why Is There An Energy Crisis?

The energy crisis is a concern that the world’s increasing demand for natural resources is affecting the supply of these resources. Although these natural resources can be produced naturally, it can take several hundred years to refill them.

The world is facing a critical energy supply issue. The global population has been collectively contributing to the rise of global warming. Apart from contributing to this environmental issue, burning fossil fuels also contributes to the accumulation of greenhouse gases. Because of this, the energy systems of the world are highly concentrated.

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Energy Crisis Europe

Rising energy prices have been a major factor affecting the lives of many people worldwide. They have also threatened the efforts to address climate change, which is a critical global challenge.

In 2022, the energy crisis Europe became worse due to the disruption of natural gas supplies from Russia. Due to the Ukraine-Russia conflict, natural gas prices in the region soared by 30%. This energy crunch has affected not only the European population but also small business owners, farmers, and big corporations (energy companies) who require a lot of energy to get up and running. Payment of electricity bills has been a burden for most households in Europe.

In response to the energy crisis Europe, many countries have started implementing voluntary measures to reduce their power consumption. The European Union is also considering implementing measures such as caps on the prices of electricity and mandatory limits on power usage.

Rise In Fuel Prices

The price of natural gas has significantly risen following Russia’s invasion of Ukraine. This is due to how important this commodity is to various sectors of the economy and how few alternative energy sources are available in Russia.

With supplies reduced and prices higher, the European population is struggling on a day-to-day basis. In 2022, the European benchmark for natural gas prices has increased by 15% to almost EUR 200 a megawatt-hour. This is due to the increasing number of utilities bidding for supplies. This has raised concerns about the potential impact of a winter recession on the energy bills of consumers.

By increasing transparency in the electricity and gas markets, consumers can make informed decisions when it comes to choosing their energy sources, including renewable energy. This can help promote fair competition and encourage the use of different energy sources.

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Crowdfunding For Energy Poverty

During the energy price increase, you can cover your payment of electricity bill or cover the fuel prices. The cost of energy in Europe is rising day by day, escalating other costs, including medical and industrial. But you can start saving and begin a fundraising campaign for your future.

While you can reduce your energy consumption, Crowdfunding can help you to pay for the gas and electricity prices and raise money for the energy supplies that you require. With a 0% registration fee, you can start a fundraising campaign and get the necessary help that can help you get through the energy price increase. Raise money to combat the energy cost rise now!

How to start a fundraiser?

Follow these 4 simple steps

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1. Start A Fundraiser
Sign up on WhyDonate and create your fundraiser in minutes. Sign up as a person or an organisation.

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2. Share Your Fundraiser
Share your fundraiser via Email, WhatsApp and other social media channels to reach as many donors as possible.

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3. Receive The Donations
The donations are paid out automatically to your bank account on a monthly basis without any platform cost.

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4. Thank Your Donors
Customize the automated “Thank You” email or send a personal message to your donors via the WhyDonate dashboard.

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Energy Crisis

Start a Free Fundraising Campaign For Energy Crisis

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