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Regulation and Legislation

Water industry regulator Ofwat has launched its search for a new Chief Executive to replace the outgoing Regina Finn – and is prepared to consider an appointment on secondment if necessary.

 

Thames Water was ordered to pay £27,779.15 by Staines Magistrates Court on Friday last week for causing the pollution of the Engine River near to Walton Lane, Weybridge between 4 and 15 November 2011.

 

The Department for Environment, Food and Rural Affairs has launched a new consultation on proposals to transfer ownership private water supply pipes to the water supply companies.

Businesses and organisations are being asked for their views on European Union policies to find out whether being a part of the EU helps or hinders their work on the environment and climate change.

According to figures published by the Cabinet Office last week, water industry regulator Ofwat was the slowest of all non-departmental agencies to respond to enquiries – last year it only managed to reply to 39% within its target of 10 working days.

 

A report in yesterday’s Financial Times says that the Conservatives are in the process of developing policies to increase competition among utilities – including the water sector.

Water industry regulator Ofwat has published proposals outlining how it expects companies to submit their business plans for the regulatory period 2015-2020, as it reveals its risk-based approach to reviewing companies’ strategies.

The Department of Environment, Food and Rural Affairs (Defra) has flagged up crucial gaps in the existing evidence base used to support Government decision-making in key areas of water sector policy, including flood and coastal erosion risk management, drinking water quality and water availability.

The Environment Agency has launched a consultation on a proposal to use Environmental Improvement Unit Charge funds to implement hydromorphological measures - the outcome could have potentially significant implications for the amount of compensation currently paid to water companies when abstraction licences are withdrawn.

Chancellor George Osborne has set out plans in the Budget for a “generous” tax regime for the emerging shale gas industry in the UK, which will undoubtedly bring opportunities for companies involved in water treatment.

Water companies should treat the interests of customers as at least as important as those of shareholders, according to Jonson Cox, the recently appointed Chairman of the water industry regulator Ofwat.

 

In an opinion piece for Waterbriefing, Gavin Shuker MPShadow Water Minister is calling on the Government to go back to the drawing board and think again on its proposals for the water sector to avoid repeating the worst mistakes of water privatisation, describing its plans for upstream competition as half-baked.

 

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