[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
On August 22, 2026, the Julius Nyerere hydroelectric power station in Tanzania, which POWERCHINA participated in, was officially put into operation. The power supply of the project covers nearly half of the local electricity demand, effectively alleviating power shortages, improving people's electricity consumption, and helping Tanzania consolidate its advantages in energy development in the East African region. Editor/Min Jing
On August 22, 2026, CNOOC completed the capping of the main body of Huizhou 19-6 offshore crude oil processing platform in Zhuhai. This platform is the largest facility of its kind in Asia, which will serve the development of 100 million ton oil fields in the the Pearl River River Mouth Basin and help the country to stabilize energy supply.Editor/Min Jing