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Water management specialists Waterscan Ltd has applied to Ofwat for a water supply and sewerage licence in the competitive retail market which opens for business in April next year.

Knostrop ariel photoA £72 million new state-of the-art sludge treatment and anaerobic digestion facility at Yorkshire Water’s Knostrop works in the centre of Leeds has just been given the go ahead.

Anglian Water is partnering with Schneider Electric to build a smarter business which utilises the vast volumes of big data being generated, enabling it to reduce leakage, reduce energy bills and streamline operations.

Ofwat has launched a new consultation on its proposed approach to setting the cost of debt which the water companies will need to use in developing their  5 year Business Plans for the upcoming Price Review in 2019, together with alternative approaches for setting the cost of equity for PR19.

Anglian Water has appointed Deloitte LLP as its new external auditor.

The latest meeting of Ofwat’s sludge working group has raised a number of complex issues about opening up the market to competition, including concerns expressed by the Environment Agency about the potential for a “race to the cheapest cost option” by companies to the detriment of the environment.

The water companies have flagged up a number of potential risks which could either impede the start of shadow operations in October 2016 or the opening of the competitive market for non-household customers in April 2017.

In a new consultation on its proposals to put a formal process in place under which companies can apply for relief from complying with certain obligations in the new retail market, Ofwat has said that this should not confer a competitive advantage.

The National Audit Office has launched a new inquiry to examine whether systems and incentives in the regulated industries sufficiently and cost-effectively protect vulnerable consumers.

Defra has published the form water companies must complete to apply to the Secretary of State for permission to withdraw from the non-household retail market for water – and demonstrate that this will ensure “a seamless process for customers.”

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