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Regulation and Legislation
Friday, 23 November 2012 14:31

Companies reject Ofwat’s licence changes

 

Water UK, the body which represents the UK water industry, has confirmed that many water companies have been unable to accept Ofwat’s controversial proposals for licence modifications.

 

New Government Guidance will require water industry regulator Ofwat to regularly review and report on the issue of cyclical investment in the water sector and whether its regulatory framework is having an impact on the profile of investment in the water and sewerage sector.

 

YORKSHIRE WATER OFWAT SPS RESPONSEYorkshire Water CEO Liz Barber has welcomed the Government’s strategic policy statement (SPS) for Ofwat, but has called for it to go further to enable the regulator and water companies to tackle a range of challenges with the scale and urgency required.

climate environment pollution 1A high rate of regulatory performance in England is helping fight climate change impacts, but more must be done to secure a healthy environment, according to a new report released by the Environment Agency.

UK water industry regulator Ofwat is considering whether there is a possible link between a rise in the number of pollution incidents that the water companies reported during 2011-12 and how well the companies are managing, maintaining and operating their underground networks.

A newly-published paper has provided further insight into water industry regulator Ofwat’s thinking on the proposed changes needed in the UK water sector – and whether the Draft Water Bill delivers. It also flags up Thames Water’s Tideway Tunnel as the perfect example of where competition for the market could be put to the test.

 

From the 1st January 2013, the Considerate Constructors Scheme will be assessing all registered sites and companies against a new five-point Code of Considerate Practice.

 

Thursday, 01 November 2012 09:40

Infrastructure Bill gets Royal Assent

The Infrastructure (Financial Assistance) Bill, which will enable the Government to guarantee up to £40 billion of investment in infrastructure including flood defences, today received Royal Assent.

Ofwat Chief Executive Regina Finn has denied that the industry regulator is acting beyond its existing powers with regard to modifying licences of water companies.

Northern Ireland Environment Minister Alex Attwood has announced that the Department of the Environment will for the first time have a dedicated Marine Division.

The Environment, Food and Rural Affairs (EFRA) Committee has held its first oral evidence session with relation to the Draft Water Bill, with issues such as upstream reform, resilience and the merger regime being discussed.

 

The European Commission (EC) is issuing new guidelines on inland navigation and nature protection to assist the sector in applying EU environmental legislation.

 

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