Thames Water has warned Ofwat that on the basis of its draft determination for its AMP8 Business Plan, both Thames’ own and independent analysis shows that the plan would be “neither financeable nor investible and therefore not deliverable.
Ofwat has today confirmed the implementation of commitments from Thames Water, effective immediately, to remedy its licence breach in losing its investment grade credit ratings - including a commitment to further develop a revised AMP8 Business Plan for the period 1 April 2024 to 31 March 2030 by 28 August 2024.
The Drinking Water Quality Regulator for Scotland has flagged up the “deteriorating condition and age” of many of Scottish Water’s assets and concerns that the current scale and pace of investment in the maintenance and replacement of water assets is "simply not sufficient."
The water sector needs to build infrastructure at scale over the coming decades. Ahead of her keynote address to the Water Industry Forum on 25 September, Sharon Darcy, chair of the Linear Infrastructure Planning Panel and an independent non-executive board member at Portsmouth Water, says competing demands with other sectors over allocation of resources means a collaborative approach is vital.
Lynn Parker, Senior Director, Casework, Enforcement and Customers at Ofwat, writes about a suite of new reports that are designed to help water companies learn from good practice and drive up standards of customer service.
The Environment Agency has accepted an Enforcement Undertaking (EU) from Reckitt Benckiser (UK) Ltd to address a breach of environmental legislation following a trade effluent leak which led to the death of almost 400 fish.
The Government has today launched a consultation to double reimbursement for water company customers when their basic water services are hit.
The Regulators’ Alliance for Progressing Infrastructure Development (RAPID) has published its forward programme setting out its delivery priorities for 2024-25.
Ofwat has today published a series of commitments that Thames Water will agree to comply with after it lost two investment grade credit ratings; the company breached its licence following the credit rating downgrades by Moody’s on 24 July and S&P on 31 July.
The Competition and Markets Authority (CMA) is consulting on draft new rules and guidance which will apply in the event of any appeals by water companies against the Final Determinations Ofwat reaches in Price Reviews.
Ofwat has today proposed that three water companies will be fined a total of £168 million for failing to manage their wastewater treatment works and networks, as part of the first batch of outcomes from its biggest ever investigation.
Ofwat has published its latest cost of living report on water customers’ experiences in England and Wales– the fifth in a series which focuses on how bill payers are managing financially and the extent to which they are struggling with daily costs.
Near-real-time microbial monitoring of wastewater discharge and bathing waters is now possible thanks to the BactoSense ID solution created by Swiss-based bNovate Technologies.
ABB has launched AquaMaster+™, a digital platform for smart water network management, designed to help water utilities monitor, analyze and manage their water networks, preventing pipeline water losses and optimizing operations.
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets.
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development.