AGP Executive Report
Last update: a minute agoEnergy Relief for Households: The Philippines rolled out one-time energy emergency cash support under its UPLIFT program, crediting P2,000 to 157,788 active 4Ps beneficiaries in Northern Mindanao (P315.5M total) and starting payouts for Walang Gutom recipients. Corporate Clean-Energy Reality Check: Meta withdrew from the RE100 clean power pact after gas buildouts for AI data centers made it unable to meet renewable-only technical criteria, underscoring how AI power demand is reshaping corporate energy plans. Grid & Power Innovation: New York state is funding geothermal “geocolumn” drilling via NYSERDA to cut bills, while the Carolinas won NSF support for grid modernization research that could scale clean power testing and workforce training. Market & Policy Pressure: The U.S. imposed new 10%–12.5% tariffs on imports from 60 economies as forced-labor rules take effect, with energy and raw materials expected to be exempt. Geopolitics Hitting Energy Flows: Iran-backed Houthi attacks on Saudi oil shipments through Bab al-Mandab raised oil-price volatility and added risk to global shipping routes. Clean Power Growth Data: U.S. renewables generation rose more than 10% year-on-year in early 2026, with solar, wind, and battery storage projected to add major new capacity.
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