The Competition and Markets Authority (CMA) has launched a short consultation following extensive representations by the four companies appealing against Ofwat’s PR19 decisions, the regulator and other stakeholders on its Provisional Findings – specifically on the cost of capital.
Ofwat has said that the higher prices allowed by the Competition and Markets Authority in the appeals by four water companies against its Final Determinations would simply be taken by investors in the form of dividends.
Water consumer watchdog CCW is warning that customers must not lose out on the service levels and investment they value most when the Competition and Markets Authority (CMA) re-examines four water companies’ future plans.
Anglian Water has submitted its Statement of Case to the Competition and Markets Authority, following its referral of Ofwat’s Final Determination for the 2019 price review to the competition regulator.
A statement published via the London Stock Exchange this morning says that after detailed consideration, the Thames Water Board has accepted Ofwat's final determination of the company's business plan for 2020-25.
Ofwat has launched a new consultation on driving transformational innovation in the water sector as part of the development of its emerging strategy for regulating water and wastewater companies in England and Wales.
Ofwat Chief Executive Rachel Fletcher has questioned whether the water companies’ view that that they have customers at the heart of their business is a reality, not a vision.
Southern Water is looking for a number of expert advisors to provide business and management consultancy and related services in the run-up to AMP7.
Nigel Baker, managing director at Echo Managed Services, creator of multi-utility billing software, Aptumo, explores how innovative technologies can help the water companies to move from being change-led to change-driven and bring about real change in customer-facing operations.
Ofwat has today announced a number of changes to its 2019 price review (PR19) methodology, including measures aimed at cutting the rewards that come from “financial engineering” by the water companies.
Sulzer has launched a new global Center of Excellence (CoE) for Water Treatment Solutions - the CoE consolidates Sulzer’s wastewater treatment expertise in a unified and global manner.
“SAS (Surplus Activated Sludge) is a bit weird and can do odd things,” says Stuart Chatten, Lead Bioresources Technician at Whitlingham Water Recycling Centre (WRC), one of Anglian Water’s principal centres for processing sewage, serving a population of 400,000.
Owen Mace has taken over as Director of the British Plastics Federation (BPF) Plastic Pipes Group on the retirement of Caroline Ayres. He was previously Standards and Technical Manager for the group.
PureTec Separations, the Ledbury-based water treatment engineering firm, has appointed Dan Norman as its new Sales Manager – Water Process Systems, supporting the company’s continued growth in the UK and international markets.