A sharp drop in Indian wind generation has worsened electricity shortages and increased pressure on coal-fired plants. Monsoon-linked declines in hydro output had already tightened supply; weaker wind — plus falling coal output — widened post-sunset shortfalls over the past week despite only moderate demand. India’s power ministry said about 32 GW of thermal capacity was offline on Sept. 30, roughly half due to unplanned outages, reflecting routine maintenance deferred from summer. By comparison

2026-10-05

A sharp drop in Indian wind generation has worsened electricity shortages and increased pressure on coal-fired plants. Monsoon-linked declines in hydro output had already tightened supply; weaker wind — plus falling coal output — widened post-sunset shortfalls over the past week despite only moderate demand. India’s power ministry said about 32 GW of thermal capacity was offline on Sept. 30, roughly half due to unplanned outages, reflecting routine maintenance deferred from summer. By comparison, on May 22 nighttime demand hit a record 253.3 GW with a deficit of just 1.1 GW because roughly 23 GW of wind and 184 GW of coal were available. S.R. Narasimhan, former head of India’s grid operator, noted wind usually weakens from late September, coal plants have limited operating headroom, and urged rapid expansion of energy storage capacity.

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2026-10-05

Bundesbank President Nagel said on Monday that rising government debt levels strengthen the case for central banks to increase gold holdings. He noted recent rises in global government bond yields have made bonds relatively more attractive, but mounting debt heightens credit-risk concerns for those assets and geopolitical risk could influence reserve management. Germany holds the world’s second-largest gold stock but its holdings have been largely unchanged while other central banks have stepped

2026-10-05

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