The current global inflation hit many countries with the high prices in oil. The high oil prices affect the consumers spending capacity and the growth of the economy. Oil prices got affected by the collapse of several US and European banks, global recession slow recovery of the Chinese economy. Saudi Arabia recently announced a voluntary

· Schneider Electric promotes the growth of various technologies in the energy industry. · Schneider Electric’s innovative solutions ensure the future operators manage their energy consumption. Clean energy is already here and more development and innovation are necessary. Companies who advocate decarbonization through centralized supply strategies now accept that they must adapt or face considerable

· Heatwaves affect the public health and environment from the rising heat in the country. · The use of renewable energy and smart grids can help manage the energy demand in the country. This helps to reduce the damages caused by the heatwaves on the infrastructure. Rising temperatures in India are hazardous to the people

UK’s climate plan aim to achieve net zero greenhouse gases emissions by the year 2050. This means that the countries takes as much of the climate changing gases as it puts into the atmosphere. Such gases include carbon dioxide, nitrogen gas and other pollutants. UK targets to have all electricity coming from clean sources by