Weather Impact:

Heatwaves drive electricity demand (AC usage), straining grids.

Droughts reduce hydroelectric capacity.

Storms damage infrastructure like transmission lines, refineries, and pipelines.

Wildfires threaten power infrastructure, especially in high-risk zones.

Predictions:

• Grid instability will increase, prompting blackouts in high-demand areas.
• Traditional fossil fuel systems will become less reliable and more expensive to maintain.
• Demand for renewable and decentralized energy (solar, wind, microgrids, batteries) will skyrocket.

Strategic Outlook:

Insurance for infrastructure will become costlier or limited in high-risk zones.

Utilities will need to invest heavily in resilient grid tech (smart grids, underground cables, AI-driven load balancing).

Energy companies will need to integrate climate risk models into asset planning.