THE GRID
Europe Just Showed Us What Happens When Heat Meets a Grid That Isn't Ready
One thousand euros per megawatt-hour.
That's what it cost to buy power in Belgium on Wednesday night. Not for an hour. For fifteen minutes. The price hit €1,038 — an all-time record — as air conditioners strained a grid that was never built for this kind of heat.
France just logged its hottest day since records began in 1947. Temps in the southwest hit 44.3°C. That's 112°F.
Schools closed. Exams were postponed. Forty people drowned seeking relief in rivers and lakes.
And the cruel twist? The heat knocked out the very plants meant to keep the lights on.
EDF shut down reactors at two sites. Nogent-sur-Seine sits on the Seine. Bugey sits on the Rhône. Both rivers got too warm to cool the plants.
French law caps the temp of water that flows back into rivers. When river temps pass the limit, reactors generally power down — though emergency exceptions have been granted during past heat waves.
In total, France lost 4 GW of nuclear capacity this week. That's 6% of its entire fleet — gone — right when people needed it most.

Exxon and Chevron Have an Unlikely New Competitor
Energy giants like Exxon and Chevron have been buying up land in America’s lithium hotspot. Now they’ve got a new neighbor. EnergyX just acquired 35,000 gross acres of high-grade lithium resources in the Smackover Formation, right next to Exxon and Chevron’s projects.
What’s really turning heads about this move is that EnergyX isn’t just competing for lithium-rich land. Their patented technology can extract up to 3X more lithium than traditional methods. That combination positions EnergyX to be one of the biggest lithium producers in America. Plus, General Motors has already invested along with other global leaders like Eni and POSCO.
Great timing too, because the demand for lithium is projected to grow 5X by 2040. You can claim a stake in the lithium boom too.
Now zoom out. Only about 20% of European homes have air conditioning. In Germany, it's 3%. In the UK, just 7%.
Compare that to the US, where 90% of homes have AC.
Europe is a continent that's still learning to cool itself. And every summer gets hotter. The IEA says global cooling demand will triple by 2050. That means millions of new AC units plugging into grids that already buckle in June.
The same week Belgium broke records, Germany's intraday market spiked to €615/MWh. Greece saw power demand jump 39% during extreme heat events. These aren't one-off numbers. They're a pattern.
The market tends to treat heat waves as weather. I treat them as demand signals. Cooling load is the fastest-growing slice of global electricity use. And grids — in Europe and in the US — are not built for what's coming.
In the US, the EIA says electricity demand has grown 2.1% a year over the past five years — after fifteen years of nearly flat consumption. Summer 2026 generation is forecast up 3% over last year. Layer the cooling surge on top of data center growth, and you see a grid under pressure on two fronts at once.
If you want to know where money flows next, follow the power lines. Right now, those lines are glowing red across Western Europe — and summer is just getting started.
Trump Named It. Scientists Built It. Here's What It Means For You.
The name is "Golden Dawn." That's what President Trump's team is calling America's new Manhattan Project — but for AI. It will span more than 700 miles — making it by far the largest AI infrastructure project ever built. When Trump flips the on switch, Louis Navellier believes it will trigger a $100 trillion reset of the AI markets. For investors who get ahead of it, the timing could mean everything.
RESISTANCE
$130 Billion in Data Centers — Killed in 90 Days
I pulled up a report from Data Center Watch this week. One line stopped me cold.
In the first three months of 2026, grassroots groups blocked or delayed 75 data center projects across the US. Total value: $130 billion. That roughly matches all of 2025 — in a single quarter.
The number of active opposition groups more than doubled to 833 across 49 states.

And it's not just yard signs and town halls anymore. It's law. Florida's Governor DeSantis signed SB 484 in May. The bill bars utilities from passing data center costs onto home and small-business power bills.
"You should not pay one more red cent for electricity because of a hyper-scale data center as an individual."
A Reuters/Ipsos survey in June found 57% of Americans would oppose a data center in their community. Just 14% said they'd be fine with one nearby.
Michigan alone has about 20 communities that have enacted or are weighing bans. Spokane, Washington, passed an emergency one-year moratorium just this week.
Most people are reading this as a political story. I read it as a supply story. Every project that dies or stalls makes the ones already built more valuable. Every blocked campus tightens the market for the campuses that got through.
BLACKOUT WATCH
Three Risks That Get Worse in the Heat
New York's grid has almost no room left. NYISO said its summer reserve margin is the lowest in recent history. The buffer? Just 417 MW — barely enough to cover one large plant going offline. A heat wave that pushes demand past the forecast could force emergency load cuts. That's not a theory. NYISO flagged it in its own reliability report.
ERCOT's net load margin just went negative — on paper. Texas grid planners project that the gap between net load and firm capacity has turned negative for summer 2026. Peak load is forecast at up to 98 GW this year and climbing to approximately 145 GW by 2031. Capacity growth can't keep pace. If a still, hot evening hits Texas, the math doesn't work.
Data center cooling is a hidden outage trigger. The Uptime Institute's 2026 analysis found that cooling failures caused 14% of all major data center outages — the second-biggest cause. Europe's heat wave is a live test of those systems right now. As I wrote above, even nuclear plants are failing their cooling checks. Data centers built in hot climates face the same physics.
Heat doesn't just push up demand. It cuts supply. It strains cooling. It melts margins.
The grids with the thinnest cushion are the same ones adding the most data center load. That's the risk no one is pricing correctly.
*Disclaimer: Energy Exploration Technologies, Inc. (“EnergyX”) has engaged [Capital Current] to publish this communication in connection with EnergyX’s ongoing Regulation A offering. [Capital Current] has been paid $250 per lead___ in cash and may receive additional compensation. [Capital Current] and/or its affiliates do not currently hold securities of EnergyX.
This compensation and any current or future ownership interest could create a conflict of interest. Please consider this disclosure alongside EnergyX’s offering materials. EnergyX’s Regulation A offering has been qualified by the SEC. Offers and sales may be made only by means of the qualified offering circular. Before investing, carefully review the offering circular, including the risk factors. The offering circular is available at invest.energyx.com/. Comparisons to other companies are for informational purposes only and should not imply similar results.



