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The Environment Agency has launched a new consultation on the water companies’ drought plan guideline published earlier this week.

Ofwat has published its reconciliation rulebook as part of the 2014 price review (PR14) process, which concluded in December 2014.

A report from the London Assembly is warning that London’s economy is at significant risk from extreme world weather and is calling for urgent action to be taken to address the issue.

Fitch Ratings agency has said it expects Southern Water to achieve capex and operating expenditure outperformance of around £63 million over AMP6 with its affirmation of the firm’s debt-raising vehicle Southern Water (Finance) Ltd's senior secured ratings for its class A debt at 'A-' and its class B debt at 'BBB', with the Outlooks for both as Stable.

Wednesday, 22 July 2015 10:59

Ofwat sets out new casework strategy

Water industry regulator Ofwat has set out its new casework strategy for dealing with the range of investigations and enforcement activity it carries out to resolve complaints, disputes and company failures.

Five British companies have received £700,000 in grant funding from the Government’s innovation agency  Innovate UK to develop tidal energy projects with Canadian businesses and universities.

The Department for Environment, Food and Rural Affairs has set out detailed guidance for the water companies on how to prepare drought plans, including the environmental assessments, monitoring and mitigation and compensation measures the utilities will need to consider.

The government’s latest National Infrastructure Pipeline includes £25.6 billion-plus of programmes and one project by the UK water sewerage companies, together with an investment of £3.5 billion-plus in flood defence work.

Following Thames Water’s announcement of Bazalgette Tunnel Limited as the preferred bidder for the Infrastructure Provider to deliver the Thames Tideway Tunnel Project on 14 July, Ofwat has launched a new consultation prior to granting a project licence and issuing a waiver notice.

Black & Veatch has been awarded a £56 million contract by United Utilities to deliver upgrades at its Oldham and Royton wastewater treament works.

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