AGP Executive Report
Last update: an hour agoData-center power crunch: The IEA warns AI-driven data centers may outpace grid buildout, with up to one in five planned sites facing insufficient electricity by 2030 as demand more than doubles. Utility strategy under scrutiny: AEP says it will buy new “cleanest” coal assets and add natural gas capacity for expected data-center load, pushing costs to large users rather than residential ratepayers. Grid buildout with renewables + storage: We Energies broke ground on Wisconsin solar-plus-battery and wind projects to meet peak demand, while Utah hit a milestone with solar becoming its top power source in May. EV charging expansion: New Brunswick will add 16 fast chargers and fund regional hubs with public money to cover underserved areas. Renewables dealmaking: Evren signed a 750 MW solar/wind + battery PPA with NTPC, and CHINT and Octopus Energy inked cooperation plans for renewables and virtual power plants. Carbon border pressure: Malaysia estimates EU-CBAM could cost its iron and steel sector RM970.7 million in 2026, pushing industry toward lower-carbon production.
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