AGP Executive Report
Last update: 10 hours agoEnergy & Storage: France’s energy regulator CRE has picked five Corsica electricity storage projects totaling about 48 MW (two pumped hydro and three battery systems), scheduled to come online between 2029 and 2030, with contracts running into the 2040s–2050s; CRE says battery costs are trending lower than in Guadeloupe, Martinique and Réunion, and the storage is meant to cut solar curtailment. Marine Protection: France announced three new marine protected areas in Audierne Bay, Guadeloupe, and the French Southern and Antarctic Lands, pushing “high protection” coverage to 14.68% of French maritime waters and aiming for 14.8% by year-end, alongside progress on the high-seas treaty. Aviation Shock: A wave of airline collapses continues in 2026 as fuel costs spike after the Strait of Hormuz disruption, with European Cargo (Bournemouth) entering administration and about 180 jobs at risk; industry groups warn fares may rise as profits get squeezed. Local Sailing & Route du Rhum: A Guadeloupe-linked sailing angle is back as solo racer Scott Shawyer trains for the Vendée Globe 2028 and sails the Route du Rhum from France to Guadeloupe in November, with residents invited to tour his boat. Geothermal Tech: Ormat Technologies says it’s accelerating Enhanced Geothermal System deployments with its Ormega100 unit, aiming to scale binary geothermal power for rising electricity demand.
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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