AGP Executive Report
Last update: 4 hours agoRegional Energy Security: Indonesia, Thailand and the Philippines plan to establish shared oil reserves, while supply risks are expected on the agenda at next week’s ASEAN summit. India’s Grid and Storage: India has approved a $7.3 billion transmission corridor to carry renewable power east, and Pai Kane Energy and China’s Gooree plan to develop 5 GWh of battery storage for India by 2030. A proposed rule would also give standalone storage providers payment protections. Clean Energy Shift: The IEA says India’s renewable expansion has saved more than $100 billion in fossil-fuel imports over 15 years. China’s fossil-fuel emissions are projected to fall 0.9% this year as clean power and electric vehicles expand; renewables are expected to meet two-thirds of global energy-demand growth. Pacific Resilience: ADB and the Green Climate Fund are mobilising more than $1 billion for climate-resilient infrastructure across 14 Pacific island economies, including roads, water systems and coastal protection. Nuclear Buildout: Chashma 5 in Pakistan has installed its inner safety dome. The 1,200 MW Chinese-designed reactor is targeted to begin generating power in 2030.
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