[SSE plans to invest £40bn in clean energy projects] SSE Plc, a power generator and grid operator, set out plans to invest as much as 40 billion pounds in clean-energy projects over a decade and called on the government to keep Britain competitive. The UK is working to boost its renewable power generation capacity to meet its goal of net zero emissions by 2050 and to become more independent of imported energy after geopolitical conflicts caused supply disruptions. What we want to see is an acceleration of pace and ensuring that Britain can compete with places like the United States with the Inflation Reduction Act (IRA), SSE chief executive Alistair Phillips-Davies said in a conference call with reporters. Mr Phillips-davies said SSE could not rule out future investments in the US, but expected Europe to remain its core market. The UK has a contract for difference (CfD) scheme to help stimulate investment in new renewable energy projects, offering a guaranteed minimum price for the electricity they produce. Editor/Xu Shengpeng
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  • 2026.10.22 13:40
  • [The trading volume of carbon emissions trading in China has exceeded 1 billion tons]
  • On October 21, 2026, Vice Minister of Ecology and Environment Li Gao announced at a press conference held by the State Council Information Office that the national carbon emission trading market has been online for more than five years, and has built the world's largest carbon emission trading market. Currently, the controlled carbon dioxide emissions are about 8.3 billion tons, accounting for more than 65% of the total national carbon dioxide emissions. Recently, the cumulative trading volume of quotas has exceeded 1 billion tons. Editor/Cheng Liting
  • 2026.10.22 13:39
  • [The total electricity consumption in September increased by 1.2% year-on-year]
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