AGP Executive Report
Last update: 9 hours agoBrazil’s Energy Politics: Data-center growth is prompting state proposals on water use, environmental permits and transparency. Separately, authorities say more than 1,000 fuel stations were linked to R$52 billion in sales with very low tax collection, in a scheme tied to organized crime. Lula’s government has also cut fuel taxes ahead of the runoff. Gas and Power: Brazil aims to lift natural-gas output to 135 million cubic metres a day by 2036. In Venezuela, new equipment and spare parts are being brought in to repair the battered power grid, while Cuba is pressing ahead with renewables amid US oil restrictions. Storage and Supply: Four-hour batteries now beat gas peakers on cost in all 43 markets assessed in a new report, a shift with implications for Latin America’s power planning. Oil’s climb above $100 a barrel as Middle East supply risks mount adds pressure across the region. Regional Outlook: The IMF cut its 2026 growth forecast for Latin America and the Caribbean to 2.3%, citing an energy shock and limited gains from the AI boom.
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