The Israeli-Palestinian conflict, the UK power crunch, it's all happening.
According to the situation on October 9, the new round of conflict between the Palestinians and Israelis has led to more than 1,100 deaths on both sides, more than 4,000 people were injured, and its political and economic impact is dramatic "spillover".
In addition to the visible impact on gold and oil, many other things are slowly changing.
For example, the daily use of electricity.
No matter how big the conflict, must be inseparable from the role of electricity. From the smallest phone call to the largest missile launch, it is not the electric current transmission that plays a key role.
In the Palestinian-Israeli conflict this war, the two sides of the country's daily power level still have a big gap.
According to official information, the Palestinian use of electricity resources does not exceed 15% of Israel.
At the same time, it is also less than 50% of the electricity used by neighboring countries.
In addition, the price of electricity used in Israel and neighboring countries is also much lower compared to Palestine.
This war will put a greater burden on Palestine when the level of electricity is not equalized not to mention the fact that the Israeli state, which already has developed electricity levels, is promoting solar photovoltaic electric power generation systems as of 2020.
In June 2020, the Israeli government announced an ambitious plan to generate 1.5 million kilowatts of solar power capacity by 2030, which would significantly increase the country's use of renewable energy.
According to the International Renewable Energy Agency (IRENA), Israel had about 119 million watts of installed solar power capacity by the end of 2019.
As a result, the country will need to install about 1.4 gigawatts more per year to meet its 2030 target.
And currently, Israel gets almost all of its energy from natural gas and coal.
It also has no nuclear energy in storage and only very little oil for use.
According to the BP Statistical Review of World Energy, these renewable sources account for less than 5 percent of Israel's national electricity.
So over the decades, Israeli politicians have come up with grandiose energy plans.
Whether Israel can achieve this new milestone by 2030 is up to the present and future governments to decide.
But despite the ongoing conflict with the Palestinians and the uncertain political future now, the solar power system in Israel and its neighbors is something that is still a work in progress.
Solar energy in the country of Israel could provide 90% or more of the country's electricity needs.
However, several conditions need to be met for this to happen.
Although the Negev desert region is sparsely populated, there is not enough space to accommodate all the solar power plants needed.
This means that sustainable peace agreements need to be cemented with Israel's neighbors: there are vast desert areas in Egypt and Jordan, both of which have had peace treaties with Israel for decades.
By placing solar farms in these deserts as well, all three countries could be turned largely into solar energy.
In addition, Jordan could power the Palestinian West Bank, while Egypt could power the Gaza Strip.
Currently, the law requires the Israel Electric Corporation (IEC) to purchase all electricity that all private producers wish to sell.
In the long run, this is very wasteful for several reasons.
First, sometimes large amounts of solar energy are produced and the grid system cannot accommodate it.
This is wasteful in itself, but even worse is the need to protect the grid from damage from the solar surplus on Saturday, when solar consumption in Israel is low.
There may be enough power for full economic development, which the future Palestinian government will see as another chance to live in peace.
This would require the IEC to replace low-cost efficient but slow generators with expensive overnight gas turbines on Fridays so that the turbines can be shut down quickly when the sun comes up the next day and the solar energy begins to pour in.
Thus, the second imperative for the future of solar energy is to allow the IEC to buy only as much solar energy as it can use, and only when it needs it.
That is, the IEC should have the right to switch on and off different solar farms depending on the requirements of the grid and local weather conditions.
This would not only allow solar energy to be utilized more efficiently, but it would also allow the so-called "peak" gas turbines, which are used mostly during the day, to be replaced by solar energy.
Gas turbines are used to provide peak power very quickly and within seconds when needed. For this purpose, they are kept in a so-called "spinning reserve".
This means that they are always spinning - consuming fuel, but not generating electricity except when suddenly needed.
However, it is possible to keep a solar panel bank in a "non-spinning reserve" without consuming any fuel until it is turned on to provide peak power.
One of the features of solar panels is that they generate electricity instantly when light hits them, much faster than gas turbines and without consuming fuel.
Even Israel, at war, is still struggling with its power sources.
But on the other side, a shocking piece of news has attracted a different kind of attention.
Britain's National Electricity Company has warned of an increased risk of power outages in British factories and homes this winter.
While the power system is supplied with sufficient reserves, the status quo is worse than predicted in July, partly attributed to a fire on an undersea high-voltage cable that imports power from France, the Guardian reported on July 7, citing the NEC.
It is expected that the power supply via the cable will be restored by up to half by March next year.
Britain's National Power said reserve power supplies were expected to meet 6.6 percent of demand; however, that figure could fall to 4.2 percent.
In addition, the closure of gas-fired power plants due to climbing wholesale gas prices and the decommissioning of two nuclear reactors are also contributing to this winter's power crunch.
The Guardian reports that 12 electricity suppliers have gone out of business since the start of the year, with more expected to be in extremis by the end of the year.
Britain's national power company said Britain will have to import gas at a higher price than continental European countries.
This means that electricity prices are under further upward pressure.
Electricity users and some high energy-consuming enterprises have asked the government for financial assistance on rising electricity prices.
Some small power suppliers have been criticized for their high-risk business models. The term "high risk" refers to the failure to properly hedge against the risk of gas price rises.
The UK's Department for Business, Energy and Industrial Strategy is weighing up measures to reduce its reliance on gas.
Prime Minister Boris Johnson pledged this week to stop using fossil fuels to generate electricity in the UK by 2035.
Gas prices have risen in Europe generally, but especially in the UK.
Russia has said it can deliver up to 15 percent more gas to Europe to help ease the situation, the International Energy Agency said on 7 July.