[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

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• 2026.05.19 10:30
• [Successfully lifted domestic key components in May 2026]
• On May 16, 2026, the stator of the variable speed pumped storage unit of the Langjiang Pumped Storage Project in Zhaoqing, Guangdong was successfully lifted, weighing about 380 tons, marking the start of electrical installation for the first domestically produced large-scale variable speed pumped storage unit, which can promote the efficient consumption of new energy.Editor/Gao Xue

• 2026.05.19 10:27
• [Chinese company proposes Turkmenistan natural gas processing project]
• In May 2026, Sinopec Puyang Shengyuan proposed at the Ashgabat Business Forum to build a large-scale natural gas processing complex in Turkmenistan, covering the production of methanol, polyethylene, and polypropylene, with an annual production capacity of 1.8 million tons, aiming to increase the added value of natural gas and create employment.Editor/Gao Xue