[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
Recently, the United Nations Development Programme held a seminar in Hangzhou, with about 100 representatives attending to exchange ideas on green transformation and digital inclusion. The event commemorates the United Nations Day for South South Cooperation, explores knowledge sharing pathways, and promotes the implementation of the 2030 Agenda for Sustainable Development. Editor/Min Jing
Recently, CEEC won the bid for the Xinjiang Shache 200 MW/1200 MW grid type independent energy storage project, which is the first 6-hour long grid energy storage demonstration project in southern Xinjiang. The project is equipped with a 220 kV booster station, which can consume approximately 110 million kilowatt hours of abandoned photovoltaic power annually after commissioning, supporting the integration of local new energy bases into the grid. Editor/Min Jing