[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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• 2026.06.23 11:42
• [Europe's largest liquid flow energy storage project starts construction]
• On June 22, 2026, the 800MW liquid flow energy storage project in Laufenburg, Switzerland was launched, integrating computing power and heating to build a zero carbon hub and help stabilize the European power grid.Editor/Gao Xue

• 2026.06.23 11:40
• [BP initiates the first production of ACG gas field]
• On June 22, 2026, BP launched its first commercial natural gas production at the ACG gas field in the Caspian Sea. The recoverable reserves of this gas field are about 4 trillion cubic feet, which will help Azerbaijan expand its energy supply to Europe.Editor/Gao Xue