Retail water market operator MOSL is warning that funding and Price Control Deliverables (PCDs) for smart metering set out in Ofwat’s draft determinations create a significant risk that companies will not be able to deliver demand reductions during PR24 to stay on track for Defra’s 9% reduction target by 2038.
MOSL, the market operator for the non-household water retail market in England, has published its 2022/23 Annual Market Performance Report (AMPR) which provides an overview of trading parties’ performance and assurance over the past 12 months.
MOSL’s Strategic Panel has published its interim metering strategy, urging water companies to accelerate the rollout of smart meters to non-household customers in the run-up to AMP8..
A new report from CCW is highlighting “the very real extent to which smart water metering is an unfamiliar concept to many businesses” and says more is work needed to explain the benefits of smart water metering trechnology.
Business retail water sector operator MOSL has flagged up gaps in Ofwat’s draft methodology for the the upcoming Price Review in 2024 – MOSL described the current regulatory framework as “weighted heavily towards households.”
MOSL has published the first Market Data Strategy for the non-household water market - the strategy is intended to significantly improve the quality of market data.
MOSL has announced the winners of the first round of the Market Improvement Fund which was opened to applications in September. The fund offered individuals or groups up to £150k from a £1m fund to fund projects that improve the non-household market.
David Black, Interim Chief Executive at Ofwat has highlighted ongoing issues in the business retail market, including market frictions in terms of data quality and wholesaler performance, insufficient levels of innovation and failure of the market to deliver improvements to water efficiency.
Following the launch of the £1 million Market Improvement Fund by retail water market operator MOSL in July, the bidding window for applications is now open.
MOSL, the non-household (NHH) retail water market operator in England, has told Ofwat “there are opportunities to set clearer targets and performance commitments for the NHH market” in the upcoming 2024 Price Review.