AGP Executive Report
Last update: 2 hours agoGrid Pressure, Small Relief: Philippines utility Meralco cut May power rates by P0.0151/kWh to P14.3345, a modest win as the Middle East-driven oil shock keeps rate-hike fears alive. Hydro Upgrade Push: In Mindanao, BARMM and the Iligan Catholic Diocese are backing rehabilitation of the Agus and Pulangi hydropower complex to lift output from 600 MW to 1,000 MW. Energy Security Diplomacy: India’s PM Modi heads to the UAE with LPG and Strategic Petroleum Reserve MoUs on the table, framing the trip around energy security. UK Infrastructure Spend: National Grid pledged at least £70bn over five years to modernise electricity and gas networks. Solar Deal in Wales: Caerphilly Council sold its 20MW Cwm Ifor solar farm to Fuse Energy, targeting grid connection in December. Data-Centre Power Race: Uber plans its first India data centre in Ahmedabad with Adani, while Cuba’s Havana faces worst blackouts in decades after fuel ran out. Corporate Clean Finance: TSMC will issue $584m green bonds for environmental projects.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
Perspectify News
