Ofwat has published the Water Company Performance Report 2022-23. It looks at the performance of the 17 largest water and wastewater companies in England and Wales across a set of key performance and expenditure metrics. According to Ofwat, “Under-performance by the majority of water and wastewater companies in England and Wales, will mean companies have […]
The government’s environmental watchdog, the Office for Environmental Protection (OEP), has identified possible failures to comply with environmental law by the Department for Environment, Food and Rural Affairs (Defra), the Environment Agency and Ofwat in relation to the regulation of combined sewer overflows (CSOs). The failures relate to a possible misinterpretation of the law, which […]
Ofwat, the economic regulator for the water sector in England and Wales, is calling on water companies with bold and innovative projects to solve some of the water sector’s biggest challenges to apply to win the fourth Water Breakthrough Challenge. To date, Ofwat’s £200 million Innovation Fund has awarded more than £105 million to projects […]
Ofwat has published a consultation on its approach to introducing the water efficiency fund that the regulator confirmed in the final methodology for the 2024 price review. The final methodology said that “PR24 will introduce a fund of up to £100 million to help stimulate a transformative, sustained and measurable reduction in water demand nationally, […]