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Europe has been experiencing a wave of drought and rising temperatures since spring, leading to a sharp decline in the Danube River's water levels to their lowest historical point. As a result, Serbia has had to reduce the output of its two hydroelectric stations by 70%, with them currently operating at 20% and 30% of their capacity, providing about 18% of the country's annual electricity production. Additionally, Hungary has announced the closure of its only nuclear power plant for the first time in 44 years due to a water shortage needed for cooling the reactors, which rely on the Danube, threatening the country's energy supply and increasing economic pressures. Both governments plan to increase electricity imports and cut industrial consumption to navigate the crisis.
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