AGP Executive Report
Last update: 9 hours agoGeothermal Reliability in the Caribbean: Dominica’s geothermal plant restarted its mandatory seven-day reliability test on July 1 after June outages, now supplying about 10.4MW to the national grid; officials said the root issue involved protection-setting coordination between the battery storage system and the geothermal unit. Venezuela Disaster Response Under Strain: Venezuela’s quake death toll rose to 2,645 and damage is now estimated at $37B, as the interim government faces mounting political pressure over rescue pace, missing people, and rebuilding needs. Food Prices Watch: The FAO reported global food prices edged lower in June, with cereals, dairy and sugar down, while vegetable oils and meat rose—important for importers across Latin America. Brazil Palm Oil Deal: Grupo Daabon reportedly acquired 100% of Agropalma’s operations in Pará, including plantations, extraction plants and a refinery—another signal of tightening sustainability and sourcing demands in the region’s agri-commodity supply chains. North America Trade Talks: The U.S. declined to renew USMCA as-is, starting negotiations with Mexico and Canada that could reshape rules affecting energy equipment, industrial inputs and cross-border supply. Cuba Power Crisis: Cuba reported major power-system instability after a substation failure in Havana, triggering low generation capacity and widespread impacts, including disconnection of Granma.
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