Several insightful figures for the telecommunications industry have been discovered on the Phone-paid Services Authority (PSA) Annual Market Review for 2019/20. There have been positive indicators that show the market is growing, achieving a 2.4% progress from 2018/19.
The UK energy industry could soon experience a shakeup, as pressure is placed on the government to review China’s involvement in the nuclear sector.
Previously, Conservative MPs have been successful in removing Huawei, a Chinese telecom giant, from British mobile phone networks by 2027. Now, the opposition is turning their attention to the proposed nuclear power station which will be built at Bradwell-on-Sea in the South-east, and is backed by China.
In line with the UK government’s target of building a net-zero economy by 2050, the National Grid has unveiled its plans to build a £10 million Hydrogen Test Power facility that will heat homes and cut carbon emissions caused by heating.
The industry regulator Ofgem has recently announced its newest price cap for October 2020 to March 2021 which will help save as much as £84 on energy bills for around 15 million customers.
The Feed-in Tariff (FiT) scheme is a programme pushed by the government to entice consumers to take up small-scale low-carbon and renewable electricity generation technology. It requires licensed FiT suppliers to pay for eligible installations that generate and export electricity.
Ofgem has recently published three sets of decisions regarding price protection for prepayment and default tariff customers as a follow-up to the May statutory consultations.