Ofwat - water cos with high debt to share gains of up to £230m with customers
Reforms confirmed today by Ofwat could see the most highly geared water companies forced to share up to £230 million with customers over the period 2020-2025.
Michael Gove to challenge water chiefs over leakage
As the UK struggles to cope with the ongoing heatwave and farmers are due to meet with Government officials for a “drought summit”, Environment Secretary Michael Gove is planning to challenge the Chief Executives of the water companies over their failure to meet leakage targets.
Retail market: CMA launches competition investigation into Castle Water acquisition
The Competition and Markets Authority (CMA) is investigating the completed acquisition by Castle Water Holdings Ltd of Invicta Water Ltd and whether the transaction has resulted in the creation of a merger situation under the provisions of the Enterprise Act 2002.
Heatwaves : EAC calls for tighter water efficiency targets and SUDS to be mandatory in all new builds
The House of Commons Environmental Audit Committee has criticised the Government for its lack of ambition on water efficiency targets and failure to make SuDS compulsory in all new builds.
Retail market: Castle Water warns proposed Code change could create bill instability for customers
Castle Water is warning that a proposal discussed at a recent meeting of the Codes Panel could open the door for water retailers to back-bill business customers beyond the current 16 month limit.
Ofwat calls for game change in leakage as water sector criticism continues
Water industry regulator Ofwat is calling for a game change on leakage
as widespread criticism of the water sector continues during the heatwave which currently shows no sign of any letup.
Ofwat acts to strengthen level playing field in competitive markets
Ofwat has announced proposals to strengthen the level playing field in competitive markets and prohibit water companies from showing undue preference or discrimination.
Nationalisation would put water sector achievements at risk, MPs warned
Parliamentarians have been warned this week about the risks involved in any move to nationalise the water industry, with investment, service improvements, environmental standards and low bills all under threat.
Ofwat calls for independent non-exec directors to be single largest group on water companies’ boards
Ofwat is proposing that independent non-executive directors should be the single largest group on water companies’ boards and for all boards to be independently chaired - part of a raft of proposals to strengthen its 2014 principles for board leadership, transparency and governance principles.
New guidance gives water companies greater freedom to adopt Sustainable Drainage Systems
Water UK has published a pre-implementation version of the 8th edition of ‘Sewers for Adoption’ with the expectation that the document will come into effect in mid 2019 as part of the implementation of the Ofwat Code on Adoption Agreements.
Welsh Government to oppose any new licensing of petroleum extraction in Wales
The Welsh Government has gone out to consultation on proposals which would not support any new licensing of petroleum extraction in Wales in future.
Ofwat: PR19 changes will cut rewards that come from “financial engineering” by water companies
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.
News Showcase
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South West Water explores new approach to sludge dewatering in UK-first municipal trial
South West Water has hosted the first municipal trial of the Fournier Rotary Press in the UK, assessing its potential to improve sludge dewatering performance and support future biosolids standards. -
Uniwater strengthens its UK presence with acquisition of Hy‑Ram Engineering
Uniwater has acquired Hy-Ram Engineering, a specialist in tooling, products and hire for the water sector, based in Mansfield, England. -
Enpure Ltd and Clean TeQ Water Ltd in new collaboration for Moving Bed Ion Exchange-based nutrient removal
Enpure Ltd and Clean TeQ Water Ltd have announced a collaboration agreement to bring Clean TeQ Water's Moving Bed Ion Exchange-based nutrient removal technologies to water utilities across the UK. -
BactoSense ID cuts wastewater and bathing water bacteria testing from days to minutes
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.
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Other Latest News
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- South West Water begins next phase of work in Lyme Regis to reduce storm overflows
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Watch
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Southern Water showcases last footage inside Yew Hill Reservoir before filling
Southern Water has released film and images showing what it’s like to walk inside Hampshire’s expanded Yew Hill underground reservoir for the very last time, before it gets filled with water. -
Scottish Water completes £235m investment in two-way connection between drinking water networks
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply. -
United Utilities accelerates investment to reduce spills from storm overflows across Northwest
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.
Top Stories
- Portsmouth Water appoints Clancy to deliver £26.84m critical connection project in next stage of Havant Thicket Reservoir
- United Utilities awards £46.8 million five year AMP8 contract for supply of UV spares and servicing to single supplier
- Ofwat awards £15.6 million contract for appointment of Independent Monitor to Thames Water
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