AGP Executive Report
Last update: 5 hours agoData Centre Controls: Norway is tightening oversight of data centres as grid applications soar. New licences will prioritize facilities serving critical services, while the grid operator has paused connection applications as officials develop rules through 2027. Cost of Living: Inflation rose to 3.6% in October, driven in part by higher electricity and fuel costs. A debt-collection survey found payment problems have doubled in two years, with one in ten struggling to pay debts in the past year. Energy Outlook: Norway’s oil and gas production could fall 1.9 million barrels of oil equivalent a day short of potential by 2040 without major discoveries, according to Rystad Energy. Ukraine and Russia: Prime Minister Jonas Gahr Støre urged Europe to acknowledge it had failed to isolate Russia and called for dialogue, as US-mediated talks with Ukraine and Russia resumed in Abu Dhabi. Zelensky is also meeting Nordic leaders, including Norway’s, to discuss security and military support.
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