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What is Energy Crises

Optimizing Energy Efficiency During a Global Energy Crisis
Energy crises are turbulences that deeply affect organizations and have devastating consequences. Energy crises are emergencies that result from insufficient energy resources due to interruptions in energy supply or the continuous increase in energy demand. Energy crises are situations that negatively affect economic activities, cause energy cuts and increase energy prices
Published in Chapter:
Strategic Adaptive Responses to Energy Crises From an Organizational Resilience Perspective
Korhan Arun (Tekirdağ Namık Kemal University, Turkey), Olcay Okun (NDU Turkish Military Academy, Turkey), and Sercan Edinsel (Ministry of National Defence, Turkey)
Copyright: © 2023 |Pages: 26
DOI: 10.4018/979-8-3693-0400-6.ch014
Abstract
Energy crises have emerged as one of the most pressing and complex global challenges. As the world becomes increasingly interconnected and reliant on energy for its day-to-day operations, the repercussions of these crises are felt across societies, economies, and the natural environment. Disruptions in energy supply, fluctuating prices, and overreliance on finite and non-renewable resources demand urgent and proactive measures. In this context, strategic adaptive responses play a pivotal role in enabling organizations to navigate these challenges successfully and enhance their overall resilience. Effective crisis management constitutes a cornerstone of strategic adaptive responses to energy crises.
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