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What must be the immediate policy of a government to add relief from the high fuel prices?

BSSE

The ongoing war between Russia and Ukraine is working as a great after-effect in case of dealing with the access to highly required natural resources. Petrol and Natural Gas are one of the main components of natural resources, which come and are imported from Russia to the rest of the world to a great extent. But the matter of wariness comes at the instance where the need for petrol and natural gas is felt by the countries which receive imports at a large scale. So, as a result of the war, all other countries are also being affected in a worse, state the result of which is the rising prices of fuel, in countries like India. So, in this blog, we would be looking at an immediate policy that a government can adopt to add relieve the burden resulting from the high fuel prices.

The impact of rising fuel prices on the market?

The top solar panel suppliers in Kolkata have to look into this matter, and also equally the government has to approach these solar panel manufacturing companies. So that fact that must be taken into wide consideration is that India relies heavily upon overseas purchasing of meeting more than 85 Per Cent of the total oil and natural gas requirements. Therefore it makes it more important to understand that most of the countries in Asia are being the most vulnerable to the rising high prices of oil and natural gas.

Though the government claims it is trying to address and counter the matters relating to the impact left by rising fuel prices. But the government at this time must look putting for a way to bring up a clear and permanent solution to this problem of rising fuel prices, by only considering one way, which is the introduction of solar energy. It can also be understood from the decision that as the oil prices have risen directly from USD$ 19.56 cents a barrel to a total litter of barrel of 130 USD$ at one particular stage along with those prices that are hovering around at a rate of around USD$ 109 per barrel. So, all these factors are emanating from the backdrop of a situation, which is due to the ongoing Russia-Ukraine war.

How can solar panels come up as the sole solution?

It is estimated that with at least considering a period of around 4 to 5 years the situation of solar energy will work in a way to bombard the planet at a daily rate of time. In this way, if solar energy is installed in all the areas and the sectors around, it can have a very good harnessing of the power of the sun for electricity as one of the best means that will help in drawing power from one of the most cleaner sources of energy on earth, that is solar energy. The main prospect of cutting down on the monthly energy expenses is through the latest developments that take place in the field of solar technologies.

Thus to understand the main reason as to how many others can directly look towards getting the benefit from installations of solar energy systems where the efficiency panel can be considered with the prime importance. So all the solar power producing companies in India can consider this as an opportunity to create their stronghold in the market that will work in a way to create an influence upon the government altogether. So, the companies which are considered the top solar panel suppliers in West Bengal can come up as the most progressive idols of development in the modern age.

So there are a variety of factors as well at the same hand which influence to a quite crucial to consider the areas like the placement of panels, geographical locations and the capacity and technicality of a particular area and a place also plays a great lot of influence. The matters of efficiency in solar panels are simply dependent upon the measurement of the energy output of the surface area from where it can provide the maximum amount of energy output.

So, all the things equally amount to a great extent in the areas of development of the capacity of solar power and energy to a great extent.

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