AGP Executive Report
Last update: 11 hours agoEnergy & Grid Resilience: Europe’s transmission operators are bracing for the Aug. 12 total solar eclipse, forecasting a rapid, predictable solar PV dip of up to 9.7 GW and coordinating control-room measures to keep power stable. Iceland Trade & Industry Signals: Iceland posted a goods trade deficit of ISK 40.6bn in July, though exports rose 19% year-on-year—boosted by higher aluminium exports—while imports climbed on capital goods. Aluminium Production Update (Iceland): Century Aluminum reported Q2 net sales up 16% to $752.1m, citing full-capacity output including the restart of Line 2 at Norðurál in Grundartangi, alongside Iceland equipment-related exceptional items. Mining & Drilling (Greenland/Iceland-linked): Greenland Mines says drilling has commenced at the Skaergaard gold-palladium-platinum project after its support vessel Argus arrived and rigs were assembled for first holes within days. Data Centres & Agriculture: atNorth partnered with Selected Group on a heat-reuse plan in Denmark, routing surplus data-centre heat to large-scale greenhouses—aiming for phase one completion in Q3 2028. Whaling Enforcement (Iceland): Iceland detained the antiwhaling ship M/V Bandero and ordered deportations after alleged interference with Hvalur hf.’s whale hunt. Tourism Pressure from Eclipse: eclipse viewing is driving sharp hotel price spikes in Reykjavík and northern Spain, with demand described as “excessive” and bookings filling up fast. Safety for Viewers: authorities and optometry groups stress certified eclipse glasses (ISO 12312-2) and warn that ordinary sunglasses or improvised filters won’t protect eyes.
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