England and Wales water regulator Ofwat hands out financial penalties to 11 firms for missing supply, biodiversity, pollution and sewer flooding goals. Overall, for those 11 companies, almost £150m is planned to be taken off customers’ bills in the next financial year because of missed targets Ofwat has announced. Ofwat went on to […]
The third round of Ofwat’s innovation competition –Water Breakthrough Challenge – has opened, encouraging innovation and collaboration to transform water services with up to £38 million available in funding. The Water Breakthrough Challenge, run by Ofwat in partnership with Challenge Works, Arup and Isle Utilities, aims to encourage initiatives that help to tackle […]
Many water companies provide discounts to developers to incentivise building new homes that use less water and avoid letting surface water enter the public sewer system. To ensure water companies are doing what they can to incentivise developers, Ofwat reviewed the current incentives offered to developers. Ofwat has released a review of water companies’ environmental […]
From Ofwat Ofwat is today releasing new figures that shed light on the water industry’s performance on reducing leakage. The provisional figures show that three quarters of the companies are meeting their leakage targets and some have reduced leakage by more than 10% over the past two years. Ofwat has strongly pushed companies to cut […]
We’re all too aware that climate change is a present reality, not least with the drier, hotter summers and increase in flooding. Add the growing pressure from population growth and economic development, and you can clearly see why there is concern about the impact on water supply resilience. The National Infrastructure Commission (NIC) estimated that new water […]
The headline findings include: Three in ten respondents (29%) ranked water pollution of rivers and seas among the top three things having a negative impact on the environment. There is a difference between what people think it is safe to do in a river and what they think it should be safe to do: six […]
Ofwat has announced a new “open access” competition for innovators as its £200m Innovation Fund evolves to encourage more diverse ideas to transform water services for customers, the environment and society. Ofwat’s innovation fund incentivises and rewards collaborative innovation in the water sector that meet key objectives for the industry around one (or more) of […]
Ofwat has set out its draft methodology for the upcoming Price Review (PR24) with a focus on securing better outcomes for customers and the environment. PR24, which will cover the period 2025-2030, will drive water companies to step up to deliver in the face of urgent challenges on the environment and climate change. The review will push […]