Energy Networks tells CMA Ofwat has made material errors in PR19 determinations
New evidence submitted to the Competition and Markets Authority’s Price Review investigation is suggesting that Ofwat’s Gearing Outperformance Mechanism (GOM) is flawed and should be rejected, its approach to assessing financeability is inadequate, and the Final Determination appears to be imbalanced in favour of short-term bill reductions at the expense of consumer interests in the medium and long-term.
CMA appeals - Southern Water calls into question Ofwat 2019 Price Review decisions
Southern Water has called into question Ofwat’s 2019 Price Review decisions, saying that its acceptance of the regulator’s final determination (FD) should not be interpreted as accepting that “Ofwat had, in all cases, arrived at the correct balance of costs, outcomes, and financeability.”
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.
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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. -
ABB launches digital platform for optimizing operation of water networks
ABB has launched AquaMaster+™, a digital platform for smart water network management, designed to help water utilities monitor, analyze and manage their water networks, preventing pipeline water losses and optimizing operations.
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Other Latest News
- Eight councils in southern England sign agreements to tackle storm overflows
- Clancy awarded c £27 million contract by Portsmouth Water to deliver next stage of Havant Thicket Reservoir project
- NI Water progresses work on Stormwater Separation Programme with scheme to reduce sewer flood risk in Ballymoney
- South East Water pushes back Broad Oak Reservoir gate two submission date for second time
- Severn Trent Chief Financial Officer to take up new role as Chief Financial Officer of Vistry Plc
- RSE and Mott MacDonald sign Memorandum of Understanding
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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.
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