BT wants a slice of the smart energy meter market
BT has today announced plans to become involved in the UK smart energy meter market via a partnership with Arqiva and Detica. This will be via a bidding process which the UK government is administering at the moment in relation to a radio network which would allow companies to communicate with 28 million homes and small businesses in the UK which will have smart energy meters installed over the next decade.
BT will be fighting it out with companies such as Vodafone and Orange for the contract which many believe is worth potentially £7 billion and will prove a very useful income stream in the future. The very fact that the smart meters will use telecommunications to communicate information is obviously a plus point for the likes of BT, Vodafone and Orange, giving these companies ahead start, but there is more to this than just telecommunications.
The idea with regards to smart energy meters is the needs to monitor the use of energy around the UK and attempt to make changes to improve efficiencies and carbon missions. While many homes currently use energy hungry appliances in off-peak times there are still many households that are "not as efficient as they could be".
Cost Of Living Has Risen By £700 Per Family In 12 Months!
News that the annual cost of living has increased by around £700 per family over the last year has caused dismay across the UK. While the vast majority of us have felt the pain in our pockets, to see the figure crystallised at around the £700 level seems to make it that little bit worse when you think what else you could spend it on!
It was also interesting to see the widening ga...
Brits: A nation of "wilfers"
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Governments and oil producing countries come to an agreement
A look back to early 2008 shows that the oil markets were flooded with speculators who forced the price of a barrel of oil up to around about $150, much to the detriment of the worldwide economy. Today has seen energy ministers from across the world hammer out an agreement with the oil producing countries of the world for greater regulation and monitoring of the market. While there is no suggestio...Read More
Scotland to introduce zero waste policy
The SNP government is looking to introduce a zero waste policy in Scotland which will see consumers and businesses forced to separate food from their traditional waste by 2013. It is believed that food waste will then be used to generate electricity which will then be pumped back into the national grid and made available to Scottish consumers and Scottish businesses. There is no doubt that the...Read More
What is your New Year's resolution for 2009?
As we move towards 2009 with more certainty and more debt than ever before many people are now looking at their finances in a very different light. A number of the UK population have seen their savings decimated by reduced income levels and the need to dip into what they had hoped would be their nest eggs in the future. We have seen more and more UK homeowners having to pay their mortgages from sa...Read More