AGP Executive Report
Last update: 3 minutes agoHeat Storage: Estonia has opened the Baltics’ largest thermal store in Tallinn: a 42-metre tower that holds 1,100 megawatt-hours of heat, helping balance district heating supply. Grid Reliability: Britain’s wind slump exposed the cost of backup power, with a Devon gas plant reportedly paid at a rate of £1.4 million an hour; Germany, facing winter supply risks and low storage, is preparing a strategic gas reserve. Solar and Supply: German solar generation is nearing a record, while Azerbaijan says it plans to expand gas deliveries to Europe and develop a renewable-energy export corridor with Georgia, Türkiye and Bulgaria. Offshore Wind: The EU approved a €2 billion Belgian support scheme as Europe reassesses energy security. Oil Markets: Crude prices fell for a second week as ample global supply outweighed continued disruption risks around the Strait of Hormuz.
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