Ofwat

Latest in Ofwat

Yorkshire Water has called for an independent body to be established to set the cost of capital for each regulated sector and a simplification of performance commitments in the PR24 price control.
News
Northumbrian Water will combine the advantages of digital and face-to-face platforms for inspiration and problem solving at its fifth Festival of Innovation. The company’s CIO Nigel Watson tells UW Innovate how the mix will allow the company to build on the impressive legacy of its first four events.
Interviews
Thames Water has received provisional approval from Ofwat for an extra investment of £600 million during AMP7 to increase resilience in London with leakage and pipework improvements. Shareholders will pay half the costs as a condition for the scheme being approved.
News
After changes were proposed to Code for Adoption Arrangements, Ofwat has written to water companies to encourage them to ensure more consistency between their own staff, contractors and self-lay providers (SLPs). SLPs voiced concerns that their accreditation expectations versus water company staff posed a barrier to competition and made it more difficult for workers to move between employers
News
Thames Water has agreed to pay £11 million to non-household customers and water retailers after inaccuracies in its data provided to the central market operating system in 2017 led to inaccurate usage calculations and bills. Ofwat imposed a nominal £1 fine to reflect the compliance of Thames in improving its systems.
News
Utility Week hears initial thoughts from the water sector on the first draft of Defra’s strategic policy statement to Ofwat, with commentators warning that it lacks the detail required to trigger the investment needed at PR24 if the government is serious about tackling river pollution and decarbonisation.
Analysis
Ofwat has reviewed and reflected on performance and feedback from PR14 regulatory period that showed the impact introducing outcome incentives had on sector-wide performance and lessons to learn as PR24 business plans are set
News
Non-household water market operator MOSL has set out suggestions for how to include concerns of the business sector in PR24 plans including setting ODIs to allow wholesalers to invest in metering and data.
News
Yorkshire Water, with the University of York, has begun work on a research hub to improve efficiency of wastewater treatment and extract value from sludge processing while working towards its 2030 net zero carbon ambitions
News
The judging panel for the main competition within Ofwat's innovation fund has been named with eight people chosen from industry, academia, R&D and beyond the water sector. The competition is designed to encourage innovative ideas, collaboration and sharing of risk to develop projects.
News
Ofwat has published its survey on consumer finances during the pandemic, showing a decline in mental health correlated with those financially struggling. It found more households were worse off in the past year than previously and many anticipated that to continue in the coming 12 months
News
Defra is preparing to consult on what the framework for the next price review is later this month while regulator Ofwat has issued guiding principles on embedding social and environmental value into everything the water sector does.
News
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