AGP Executive Report
Last update: 11 hours agoEnergy Markets & Policy: India’s Sensex and Nifty opened higher as investors awaited RBI on the rupee and energy-cost worries, while Sanjay Malhotra warned West Asia conflict could keep pushing up energy prices and disrupt supply chains. Grid & Storage Build-Out: Payal Industrial Park in Gujarat is partnering with Fourier on hydrogen-powered long-duration storage to cover from 12 hours to more than a week, and HiTHIUM unveiled an 8-hour long-duration battery system at SNEC 2026. Clean Power Expansion: Dubai’s DEWA says clean energy now makes up 21.5% of total capacity, and EU data shows industrial energy use fell in 2024 as renewables gained share. Deals & Projects: Inox Clean Energy agreed to buy Vena Energy India’s 6 GW renewables portfolio, while Frontier Energy secured AU$110m for a 132MW solar-plus-storage project in Western Australia. Oil & Gas Moves: Dangote Refinery ramped to 700,000 bpd in a capacity test, and Emperor Energy advanced plans for its Judith-2 gas appraisal well. Geopolitics & Security: Saudi and Russia energy officials pushed for stability, and Korea discussed energy-security cooperation with Saudi Aramco. US Politics & Power Costs: Trump unveiled a $700m coal revival package, while Duke Energy rate-hike protests and a North Carolina utilities hearing kept affordability in focus.
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