Extreme weather patterns from El Niño are disrupting global commodity supplies and shifting energy demands. A northward shift in rain belts is creating unexpected droughts in hydropower regions, forcing a heavier reliance on thermal coal and increasing energy costs. These climate shocks also impact the tech sector by raising the cost of industrial metals like copper, which are essential for grid upgrades and data centers. Rising electricity demand during heatwaves further pressures power grid stability and increases operational costs for AI infrastructure.
