Renewables & Resilience: Philippines DENR chief Juan Miguel “Mitch” Cuna told New York Climate Week leaders that renewable power is key to energy reliability and geopolitical stability, arguing the country’s foreign-fuel dependence is a security risk. EU Energy Costs: EU Energy Commissioner Dan Jorgensen said the bloc has paid over €100bn extra for energy since 2026 price spikes without getting more oil or gas, pushing a faster shift to renewables and electrification. Oil Market Watch: Data from Vortexa and Kpler shows Strait of Hormuz oil shipments have rebounded to roughly 65–70% of pre-war levels, helped by a “shuttle fleet” and Saudi export recovery. Grid & Utility Tech: Canada’s Milton Hydro became the first utility to deploy ENDVR Energy’s Spotlite TreeGuard satellite/AI vegetation risk platform to cut outage risk and target maintenance. Power Projects in Africa: Lagos and Fenchurch Group started a 26MW Akute power plant to supply electricity for waterworks serving up to six million residents. Policy & Power Prices: Cape Town’s tariff fight heats up as PA accuses the DA city of “blaming Eskom,” while the city points to its own capped increases and Eskom’s role in bulk power costs. Nuclear Moves: Saskatchewan Premier Scott Moe is set to outline a nuclear development plan, including reactor types and timelines. US Fuel Relief Push: California regulators were ordered to move early to cheaper winter-blend gasoline to ease record-high pump prices. Market Signals: Crude oil pulled back sharply after early gains, with traders citing improving Saudi Red Sea export flows.