[UK grid to spend £20.9bn to achieve net zero emissions] The UK power network operator will have a £20.9bn budget to expand the grid to connect millions of electric vehicles, smart systems and small renewable energy projects over the next five years. The budget will be used for service, maintenance, upgrades and repairs by six UK distribution network companies from April 2023, and has been approved by regulator Ofgem. The plan, which includes tree-cutting, flood protection and other energy security measures, aims to improve the resilience of the UK's 800,000km of overhead and underground transmission lines to deal with more severe weather events in the future. Editor/Xing Wentao

Click to see more live >>

• 2026.06.24 15:07
• [Zhongfu Industrial's 400 million wind power project starts construction]
• On June 23, 2026, the Fujin New Energy Grid Load Storage Integrated Wind Power Project under Zhongfu Industrial started construction in Gongyi, with a total investment of 407 million yuan, an installed capacity of 87.5 MW, an annual power generation of 180 million kilowatt hours, and a reduction of approximately 149300 tons of carbon dioxide emissions. The company has completed a 500000 ton green hydroelectric aluminum project, with 75% of its electrolytic capacity achieving green electricity substitution and an annual emission reduction of 5 million tons, ranking among the top in the industry in terms of carbon footprint. Editor/Cheng Liting

• 2026.06.24 15:06
• [Natural gas discovery in Beihai]
• The evaluation well drilled by Norwegian Wells Oil Company under license No. 1148 confirms the discovery of natural gas condensate oil in the North Sea, with recoverable reserves ranging from 3.4 million to 17 million standard cubic meters of oil equivalent. The well is located about 25 kilometers northwest of the Troll oil field, with a water depth of 365 meters, and is related to the evaluation of the Carmen oil field. The partners include DNO, Equinor, and Aker BP, and will explore the use of existing infrastructure to develop the oil field in the future. Editor/Cheng Liting