Summary
Europe's key rivers, especially the Rhine and Danube, are experiencing record-low water levels due to prolonged heat waves, resulting in higher freight shipping costs and forced shutdowns of nuclear power plants, highlighting risks to the region's industrial and energy infrastructure.
- Rhine River water levels dropping to near-record lows
- Vessels forced to carry reduced cargo, pushing freight rates higher
- Hungary shut its only nuclear plant due to insufficient cooling water from the Danube
- First such shutdown at the Hungarian plant in 44 years
- Romania also saw nuclear output reductions
- Past French heat waves similarly forced nuclear plant reductions
- The situation underscores climate risks to European industry and power generation