Regulation and Legislation
The Department for Environment, Food & Rural Affairs (Defra) has announced the introduction of major new legislation for the water sector which is set to deliver the most significant increase in enforcement powers in a decade.
The Office for Environmental Protection (OEP) is calling for a critical plan designed to protect and improve Northern Ireland’s waters needs to be strengthened and implemented without further delay, in a new report released today.
David Black, current Chief Executive of Ofwat has taken up his new role as CEO for the UK Regulators Network (UKRN) – the role is in addition to his responsibilities as CEO of the water sector regulator.
Retail water market operator MOSL is warning that funding and Price Control Deliverables (PCDs) for smart metering set out in Ofwat’s draft determinations create a significant risk that companies will not be able to deliver demand reductions during PR24 to stay on track for Defra’s 9% reduction target by 2038.
Anglian Water’s Regulation Director, Darren Rice, outlines the changes Ofwat needs to make to ensure the water company’s Final Determination is investable and deliverable, following discussions with the regulator on Anglian’s proposed business plan for 2025-2030, saying: "As it stands the allowed return proposed in the Draft Determination will not enable us or the wider sector to attract the necessary debt and equity capital to fund AMP8 investment programmes."
- PR24 - Water UK warns unless Ofwat changes its approach regulator is heading for an outcome of failure
- Thames Water warns Ofwat PR24 Draft Determination makes AMP8 Plan “neither financeable nor investible and therefore not deliverable”
- Ofwat actions for Thames Water following investment credit rating downgrade include developing revised AMP8 Business Plan by 28 August
- Scotland's drinking water regulator flags up “deteriorating condition and age” of many of Scottish Water assets
Latest Tenders
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United Kingdom – Coventry: Biosolids recycling and associated services. Deadline: PME 01.04.2025 March 12, 2025
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United Kingdom – Glasgow: Supply of Low Emission Structural Steel & Rebar. Deadline: 04.04.2025 March 6, 2025
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United Kingdom – Belfast: Collection & Transportation of Water & Wastewater Samples. Deadline: RFI March 6, 2025
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Expert Focus
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Thames Water starts work on £20 million pipe upgrade in Islington February 13, 2024
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