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The sun has a natural 11 year cycle of its poles which is when huge sun spots develop and can build up in power until they explode out into space releasing huge solar flares. The hit of blasting solar flares can knock out and even completely destroy our communication systems, bring down our satellites, wipe out our space station and burn out our electric grids, phone and cable lines due to radiation.
We have a hole in our magnetic field, which is what protects us from the sun, and we have the making for a serious event coming our way.
We are due to see these flares during the next cycle of the sun, which will occur in 2012.