As Europe grapples with a record-breaking heat wave, the power grid is facing a triple squeeze: rising cooling demand, decreased efficiency, and reduced output from thermal and nuclear plants. The impact is felt across the continent, with utilities struggling to meet demand and prices rising. The shift in seasonal patterns is further complicating grid planning, requiring utilities to adapt quickly. Why it matters: The heat wave highlights the urgent need for grid resilience and the importance of investing in renewable energy sources to mitigate the effects of climate change.