AGP Executive Report
Last update: 7 hours agoWinter Prices: European gas futures surged to €87.20/MWh, their highest in nearly four years, as conflict disrupted LNG shipping through the Strait of Hormuz. The jump threatens to lift winter energy costs, including in Spain. Policy: The EU is weighing a windfall tax on oil and gas firms as prices rise; Spain has also backed keeping the bloc’s carbon market stringent. Renewables: Developer Dos Grados acquired more than 500MW of solar projects in Spain, while environmental approval cleared geothermal exploration drilling in Melilla. Grid & Demand: A grid failure in Lanzarote cut power to more than 73,000 people and disrupted drinking-water supplies. Spain’s competition authority, meanwhile, called for more flexibility in proposed rules requiring data centres to use renewable energy.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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