AGP Executive Report
Last update: 22 minutes agoCoal Policy: The Philippines Department of Energy will resume a competitive auction for Semirara Island’s largest coal reserve before month-end after pausing bidding to rewrite rules for brownfield assets, including contract renewals for mature blocks. Legal Friction: The move comes as Semirara Mining & Power Corp. seeks court relief to block DOE directives, underscoring rising tension between regulator and incumbent operator. Clean Storage Deal: India’s Tata Power won a 40-year, 324 MW / 2,592 MWh pumped storage contract from SECI, with fixed annual revenue of about ₹351 crore. Oil & Gas + Telecom Growth: Reliance Industries outlined a long-term plan spanning Jio digital services growth and resilient O2C operations, while continuing to execute clean energy projects. Hydrogen Ambition: Algeria and Germany pledged deeper energy cooperation, including a longer-term southern hydrogen corridor from North Africa to Europe. Fusion R&D: Realta Fusion will build a major fusion research center in Madison’s former Oscar Mayer site, targeting commercialization by the mid-2030s.
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