AGP Executive Report
Last update: 12 hours agoOil Markets: Crude plunged nearly 9% after Democrats won control of the US Congress, as traders bet on easing Iran-war tensions. The slide pressured energy stocks, though uncertainty over Hormuz supply remains. Gas Security: Europe enters winter with its lowest gas-storage levels in more than a decade, the IEA warned, leaving it exposed to supply shocks and possible price spikes. Grid Investment: India approved 14,500 crore rupees in support for 92 GWh of grid-scale storage, aiming to help integrate renewables and attract 97,600 crore rupees in investment. Power Supply: Germany awarded contracts for nearly 5.2 GW of new gas capacity, designed to be compatible with future hydrogen use. Data-Center Demand: A Sierra Club assessment warns planned US data centers could drive a sharp rise in power-sector emissions, intensifying pressure on an already strained grid. Clean Energy Access: Nepal’s AEPC says its programmes have brought renewable energy to more than 3.7 million households over 30 years.
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