[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
In the first three quarters of 2026, the company's consolidated financial statements achieved a power generation of 360.257 billion kilowatt hours and an on grid electricity generation of 342.594 billion kilowatt hours, an increase of 3.15% year-on-year, with an average on grid electricity price of 380.30 yuan per kilowatt hour; In the third quarter, the completed power generation was 141.347 billion kilowatt hours and the on grid electricity was 134.722 billion kilowatt hours, a year-on-year decrease of 1.30% and 1.18% respectively, with an average on grid electricity price of 360.23 yuan/kWh. As of September 30, 2026, the company's controlled installed capacity was 132.0246 million kilowatts, with an additional installed capacity of 1.7334 million kilowatts in the third quarter.Editor/Gong Ziwei
On October 20, 2026, the first phase of the East Route of the South to North Water Diversion Project began the 2026-2027 full line water transfer. This is the earliest start of water diversion in the 14 year history of the East Route of the South to North Water Diversion Project. The annual plan for this water diversion project is to provide a net increase of 561 million cubic meters of water to Jiangsu Province, 42 million cubic meters of water to Anhui Province, and 665 million cubic meters of water to Shandong Province. The Taierzhuang pumping station of the Sulu inter provincial project plans to transfer 1.007 billion cubic meters of water to Shandong Province.Editor/Gong Ziwei