[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
The Zhejiang Electric Power Trading Center has issued an information disclosure reminder stating that virtual power plants (including load aggregators and distributed new energy aggregators) will continue to meet registration requirements for the year 2026. According to the requirements, registered virtual power plants must publicly disclose proof of continuous compliance with registration conditions, including assets, personnel, business premises, and technical support systems, through the electricity trading platform before the end of March each year. This regulation is implemented in accordance with the Basic Rules for Electricity Market Registration and the Management Measures for Electricity Sales Companies, in order to strengthen the compliance management of market entities.Editor/Yang Meiling
The EPC project of 200MW/800MWh energy storage power station in Baixiang County, Xingtai City recently announced the winning bid results. China Power Construction Group Kunming Survey and Design Institute Co., Ltd. successfully won the bid with 660 million yuan. The project is located in Beijiang Village, Guchengdian Town, Baixiang County. The construction includes an energy storage system, a 220kV substation, and transmission lines, with a planned construction period of 120 calendar days.Editor/Yang Meiling