UK water industry regulator Ofwat has published a detailed review of the evidence base for retail competition and separation ahead of the Government’s imminently-expected Water White Paper.
Leading ratings agency Moody’s is warning that Ofwat’s drive to introduce more competition between suppliers could threaten the creditworthiness of the water companies.
Water UK, the organisation which represents all UK water and wastewater companies at national and EU level,is calling on the Government to put a formal competition governance framework in place for the water sector.