[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
Sarat Ratanavadi, founder and CEO of Thai Gulf Energy, has confirmed the restart of the LNG terminal project supporting the Vietnam Nanning Shun 6 GW gas power station. The company plans to invest a total of 140 billion Thai baht by 2030, of which 14 billion Thai baht will be invested in cloud computing and AI infrastructure. Editor/Min Jing
CECEP Chairman Liao Jiasheng went to Xining to attend the conference on promoting high-quality development in Qinghai Province with the support of state-owned enterprises. He signed a 1.482 billion yuan agreement with the Qinghai Provincial Government for the Delinghayuan Net Energy Storage Project, witnessed the signing of contracts by subordinate enterprises, and conducted research on cooperation related to the Haidong Zero Carbon Park. Editor/Min Jing