Bioresources & Water Resources trading – Ofwat consultation Ofwat has launched a consultation on the information needed to facilitate the launch of the new markets for bioresources and water resources trading. The regulator expects companies to publish information to enable potential market participants to identify opportunities to supply services in the treatment, transportation and disposal […]
Defra publish strategic policy statement Water UK Communications: Defra publish their strategic policy statement for the water industry for consultation. This document sets out the government’s strategic priorities for Ofwat’s regulation of the water sector in England. We welcome the move to a more concise SPS which clearly highlights securing long-term resilience and protecting customers […]
Ofwat’s Cathryn Ross has set out the regulator’s key themes for PR19. The first is customer service, with Ofwat expecting to see a step change from companies, “no longer an analogue service in a digital age”. The second is resilience, where companies should “anticipate and respond to shocks related to networks, ecosystems and communities”. The […]
Ofwat – carrot and stick – South West Water fine but Severn Trent and Anglian are rewarded Ofwat proposes penalty for seven incidents as it rewards Severn Trent and Anglian Water for beating targets. The water regulator has proposed fining South West Water £1.7m for missing performance targets after a series of serious incidents of sewage […]