A Hot, Deadly Summer With Frequent Blackouts

Bloomberg: “Global power grids are about to face their biggest test in decades with electricity generation strangled in the world’s largest economies.”

“War. Drought. Production shortages. Historically low inventories. And pandemic backlash. Energy markets across the planet have been put through the wringer over the past year, and consumers have suffered the consequences of soaring prices. But, somehow, things are on track to get even worse.”