[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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• 2026.09.02 15:27
• [China makes significant breakthrough in difficult to select iron ore resources]
• The world's largest difficult to select iron ore magnetization roasting project will be completed and accepted on September 1, 2026. This technology integrates multiple core innovations such as complex mineral directional transformation process, low-temperature reaction process strengthening theory, and particle residence time control method, which can produce iron concentrate products with iron element mass accounting for 65% after processing iron tailings with only 11% iron content. Editor/Cheng Liting

• 2026.09.02 15:26
• [The cumulative transaction volume of Hubei carbon market has exceeded 10 billion yuan]
• As of August 31, 2026, the cumulative trading volume of Hubei carbon market is 425 million tons, with a trading volume of 10.567 billion yuan, both accounting for more than 40% of the national total, making it the first pilot carbon market with a trading volume exceeding 10 billion yuan. Editor/Cheng Liting