AGP Executive Report
Last update: 9 hours agoSecond-life batteries: Moment Energy opened Megafactory 1 in the Vancouver region, turning retired EV batteries into large-scale storage for data centres, hospitals and microgrids across North America. Nuclear race: US fusion investment is surging as developers compete with China, including a new $1bn Pacific Fusion research facility in Albuquerque aimed at powering future AI demand. UK bill shock: Ofgem’s price cap rises 4% from October to £1,723 a year for typical households, adding about £60 annually (with fixed-tariff customers largely unaffected). Waste-to-energy in India: Haryana signed MoUs for four integrated waste-to-energy plants (Hisar, Ambala, Faridabad, Gurugram) to process 5,000 tonnes/day and generate 50 MW by 2028. Energy market tensions: Iran’s foreign minister accused US and Israel-aligned actors of manipulating energy markets via media narratives, as Strait of Hormuz risks keep prices jumpy. Grid and consumer protection: Ontario’s energy regulator warned of rising energy scams targeting customers with fake rebate offers and requests for personal account details. EV charging expansion: Anari Energy said its EV charging products are now operating in 40+ countries, with new deployments across Eastern Europe, the Middle East, Africa and South America.
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