AGP Executive Report
Last update: 2 hours agoRegional Power Links: India and Singapore are exploring a 2,000 MW electricity link, potentially running 3,000 km through Southeast Asia. The proposal comes as Singapore’s wider import plan stalls: none of its approved projects has reached financing or construction. Energy Security: Japan-led AZEC members are working to strengthen regional oil stockpiles, with Saudi Arabia and the UAE offering support. The Philippines is also studying a fuel-storage hub as Hormuz disruption strains supply. Clean Power: The Philippines plans to auction 25 GW of renewable capacity over the next year and says it remains confident of reaching 35% renewables by 2030. India installed 6.05 GW of wind capacity in the latest year. Storage and Supply: Four-hour batteries now cost less than open-cycle gas turbines in 43 markets, while India’s coal deliveries to power plants rose 36% from September lows, easing stock depletion. Sri Lanka is meanwhile pitching four Mannar Basin oil and gas blocks to investors.
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