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Europe's Record-Breaking Heat Waves Are Driving Spikes in Demand for Air Conditioning

Summary by CNBC
"We see an acceleration in the market ... things are changing because we see more often and more frequent, longer heat waves," says Paolo Spranzi of McKinsey.

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The total availability of air conditioning equipment remains relatively low (20%), in Europe, according to data from the International Energy Agency (IEA). However, the longer summers and the hot waves...

·Portugal
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The heat and heat values are increasingly leading to a significant increase in demand for cooling systems, highlighting the need for efficient technologies and an adequate electricity network to maintain Europe high-speed, CNC writes.

·Bucharest, Romania
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Direct: Europe ' s electricity systems are experiencing an extraordinary summer of...

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3yonnewsi broke the news in on Sunday, August 3, 2025.
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