AGP Executive Report
Last update: 11 hours agoDiesel Relief Ends: Italy’s last diesel duty cut has expired, pushing up pump prices; Eni says its diesel cap will rise to €2.25/l from €2.19/l, while unleaded remains capped at €1.99/l, as Codacons criticises the lack of a promised offset mechanism. Grid-Scale Storage Push: EDP says it has an 800MW renewable pipeline in Sicily, with BESS the biggest slice at ~350MW, plus 250MW solar and 200MW wind, targeting build-out over 3-5 years. Battery Build in Apulia: BW ESS starts construction on a 97MW/828MWh Cerignola battery, backed by a 15-year Terna MACSE contract, aiming for operation in 2028. Renewables + Storage PPA Deal: Zelestra and EDP expand a solar-plus-storage PPA partnership with another 462MWh of batteries in Spain, highlighting the “PPA 2.0” model spreading across Europe. Energy Market Reality Check: The Deepki Index finds energy use in European buildings has stagnated over five years even as emissions fall, with Italy among the countries showing grid-driven carbon improvements. EU Budget Fight: Von der Leyen warns against large cuts to the next EU budget, stressing energy infrastructure and crisis preparedness as leaders prepare for summit talks.
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