Global power grids are about to face their biggest test in decades

Summer in much of the Northern Hemisphere is a typical peak for electricity use. air conditioners

When plants on the Texas power grid failed this month, wholesale power prices in Houston briefly jumped above the $5,000 a megawatt-hour price cap, surging 22 times higher than the average cos

Bloonberg 22 May 2022

https://www.bloomberg.com/news/features/2022-05-22/summer-blackouts-bring-deadly-risk-as-heatwaves-grip-the-globe


Air conditioners units in operation worldwide could jump from nearly 2 billion today to 5.6 billion by 2050

Deutsche Welle 25 January 2022

https://englundmacro.blogspot.com/2022/01/air-conditioners-units-in-operation.html


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