The Strain on Rickety Power Grids Is Slowing Economic Growth
Electricity drives growth. For decades, that’s held true and load growth hasn’t been a problem. But a confluence of factors is putting a huge amount of stress on grids around the world, and it’s creating a tangible drag on economic growth.
Today’s newsletter brings you an exclusive Bloomberg Economics analysis and a story on what can be done to address the growing strain. Plus, what the fifth La Niñ a in six years means for supply chains and crops.