AGP Executive Report
Last update: 7 hours agoU.S. Energy Politics: Democrats’ midterm gains sent oil and energy shares lower while clean-energy stocks rallied. The shift may also weaken prospects for a bipartisan permitting bill, though its sponsors say they will press ahead. India’s Storage Push: The Cabinet approved ₹14,500 crore in viability funding for 92 GWh of storage by 2031, including batteries and pumped hydro, aiming to stabilize the grid and support renewable power. North Sea: The UK government is moving to end new oil and gas licensing, advancing a major policy shift for the sector. Power Supply: Germany awarded contracts for nearly 5.2 GW of new gas capacity, with projects designed to use hydrogen in future. Data Center Demand: A Sierra Club assessment warns U.S. power-sector emissions could rise sharply by 2030 as new data centers drive electricity demand, putting recent climate gains at risk.
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