The global energy crisis is currently reaching its peak, affecting various countries and sectors. Rising energy demand coupled with supply disruptions due to geopolitical tensions, climate change and underinvestment in energy infrastructure have exacerbated the situation. European countries, which rely heavily on gas supplies from Russia, are seeing drastic spikes in energy prices, adding pressure to already weak post-pandemic economies. The renewable energy industry is still growing, but this growth is not fast enough to keep up with increasing energy needs. With the global population continuing to grow, it is estimated that energy demand will increase by around 30% in the next two decades. Enforcement of stricter policies on carbon dioxide also requires a rapid transition to green energy, while existing infrastructure still relies heavily on fossil fuels. Governments in various parts of the world are trying to suppress this crisis by diversifying energy sources. Investment in renewable energy, such as wind and solar, has increased, but implementation is still hampered by logistical issues and high initial costs. For example, Indonesia is pinning its hopes on renewable energy projects, but faces challenges in developing supporting infrastructure. On the other hand, energy storage technology plays an important role in supporting this transition. With advances in batteries and other storage technologies, the potential for storing energy from renewable sources is growing. This is very important to overcome fluctuations in supply and demand which are often unbalanced. Analysis of the impact of the energy crisis shows the potential for high inflation in many countries. Rising energy costs push up transportation and goods tariffs, reducing people’s purchasing power. Developing countries, which are more vulnerable to energy price fluctuations, may face more difficult conditions. Many of them have been forced to make budget cuts in important sectors such as education and health due to rising energy costs. In this context, international collaboration becomes very important. Organizations such as OPEC and the G20 are trying to find joint solutions to reduce the impact of the crisis. Through dialogue and cooperation, it is hoped that crisis management can be carried out more effectively. Adoption of more sustainable policies is also needed to overcome this problem. The government needs to formulate a long-term strategy that does not only focus on the short term but also maintains a balance between economic growth and environmental sustainability. Without this step, the impact of the energy crisis will continue to undermine the strength of the global economy for the foreseeable future. The global energy crisis has opened people’s eyes to the importance of a fast and efficient energy transition, as well as the need for collective awareness to overcome environmental challenges. By investing in sustainable technologies and creating green energy initiatives, the world has the opportunity to emerge from this crisis better and stronger.