PR24

Latest in PR24

CCW has set out what it believes PR24 should include to reflect consumer wishes and rebuild trust in the sector. It said fast-track status should only be granted to companies that deliver on promises, that consumers need to feel more listened to in the process, and that centralised research should be carried out.
News
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
The Ofwat director heading up PR24 has urged water companies to put forward bold solutions in the next price control but emphasised these must be set in a long-term context. Aileen Armstrong, senior director at the regulator, stressed the need to look beyond heavy infrastructure as the answer to all problems but accepted that this would come at a cost. She said she expected companies to look at spreading these costs over current and future generations.
News
The 2024 price controls can play a critical role in enabling wastewater companies to monitor and manage process emissions from wastewater treatment works, which Wessex Water's head of sustainability said cannot be delayed if the country is to meet its carbon targets.
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
Portsmouth has begun a smart meter trial ahead of a wider rollout during AMP8. Water efficiency manager Lianne Riggs told Utility Week customers are less interested in saving money because bills are low but environmental messages do resonate.
News
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
The trade body for the water sector has set out its thinking on Ofwat's proposed framework for the next price review in 2024. Water UK urged it to reflect the CMA's thinking on cost of capital to keep the sector appealing to the long-term investors it requires for necessary major infrastructure projects
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
United Utilities earned fast-tracked status for its PR19 business plans, which chief executive Steve Mogford says put the business on the front foot to deal with the pandemic year. He talks to Utility Week about how the company has improved its performance and reflects on the need for a simpler price review process, as well his view that CSOs are the next big challenge.
Interviews
An online mapping tool for measuring natural assets has been launched by a company co-founded by the former chair of the Natural Capital Committee, Dieter Helm. The developers said the tool gauges the benefits assets can provide in terms of carbon sequestration and storage, flood risk reduction, biodiversity and social wellbeing and will help inform discussions around the PR19 price review for water companies.
News
Close
Close

Request a call back