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AGP Executive Report

Last update: 9 hours ago

Battery storage + solar shifting: Australia’s battery boom is already changing how solar is used, with enough grid storage installed in 2025 to shift 53% of new solar output beyond daylight hours, helping smooth evening peaks as coal plants near retirement. South Australia reliability push: SA is also moving fast on storage, awarding 1.3GW+ of battery projects in its Firm Energy Reliability Mechanism push. Data centres chasing clean power: Google, European Energy Australia and AirTrunk are preparing the 25MW Mulwala Solar Farm in NSW, aiming to supply renewables for AI-driven data centre demand. LNG partner reshuffle: BP will sell 5% of its Browse LNG stake to South Korea’s GS Energy, cutting BP’s interest to 39.33% as LNG buyers diversify away from Middle East supply risk. Gas policy pressure: Chevron warns Australia faces fuel shortage risk tied to policy choices, while debate continues over gas reservation and export reliability. Geopolitics hitting energy markets: US-Iran tensions and Hormuz uncertainty are keeping oil and risk sentiment volatile, with Australia’s market trading cautiously. PNG investment message: Papua New Guinea PM James Marape used the Australia-PNG Business Forum to reassure investors on reforms and to stress that power and infrastructure are key to broader economic gains.

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.

AGP Wire

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13 hours ago

Used cooking oil market seen reaching $12.2B by 2035

EIN Presswire

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Jun. 1, 2026

Dixon Homes adds 49 fixed-price granny flat designs

EIN Presswire

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2 hours ago

Celero names Peter Leahy to advisory board

EIN Presswire

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May 29, 2026

Windotek Australia wins repeated ThreeBestRated recognition for energy-efficient windows

EIN Presswire


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Iran Suspends Peace Talks With US, Oil Prices Shoot up Over 5%

Iran Suspends Peace Talks With US, Oil Prices Shoot up Over 5%

Load Up on Nuclear Before the Data Center Energy Race Accelerates: These 3 ETFs Cover Reactors, Uranium, and Smart Grid

Load Up on Nuclear Before the Data Center Energy Race Accelerates: These 3 ETFs Cover Reactors, Uranium, and Smart Grid


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13 hours ago

Used Cooking Oil (UCO) Market Set to Boom Rapidly, Witnessing Strong Growth Through 2035 | Quatra, Olleco, GREASECYCLE

EIN Presswire

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13 hours ago

Total Energy Services Inc. Announces Dividend

GlobeNewswire, Inc.

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15 hours ago

Solar Motion Sensor Wall Light Market Growth Fueled by Security and Energy Savings

EIN Presswire

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Jun. 1, 2026

Dixon Homes Expands Granny Flat Range to 49 Fixed-Price Designs as Australian Demand Surges

EIN Presswire

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May 31, 2026

Rubio Announces Quad Deals on Maritime, Energy Security

MENAFN

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2 hours ago

Celero Infrastructure appoints Lieutenant General Peter Leahy AC to its Advisory Board

EIN Presswire

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