AGP Executive Report
Last update: 10 hours agoMiddle East Energy Shock: Oil jumped to one-month highs as the U.S. reinstated a naval blockade and renewed strikes around Iran, raising Strait of Hormuz supply fears and pushing Brent back toward $87. Inflation Watch: U.S. inflation cooled to 3.5% in June largely on falling energy costs, but analysts warned the relief could fade if Hormuz tensions worsen. Grid & Reliability: Guam’s Rota island is still working through major power restoration after Super Typhoon Bavi, with hundreds of poles and transformers damaged. Renewables Buildout: Philippines President Marcos inaugurated Meralco’s MTerra Solar Phase 1, a large integrated solar-plus-storage push to cut coal dependence. Big Solar + Storage Finance: Masdar reached financial close on a 5.2GW solar with 19GWh battery project in Abu Dhabi, targeting 2027 operations. Data Center Power Debate: Georgia regulators opened an investigation into whether data centers are driving costs onto residential customers. Clean Power Deals: Google signed a long-term virtual PPA for a 2.45GW solar plus 2.9GWh storage project in Arkansas, while Hitachi Energy won a 110kV grid connection contract for a Frankfurt data center. Waste-to-Energy: Slovakia’s environment ministry cleared Slovnaft’s Bratislava waste-to-energy plant, aiming for 2029/2030 start. Solar Policy: India’s UPERC approved 25-year solar PPAs for two Kanpur parks, setting tariffs around ₹2.65–₹2.71/kWh.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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