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2 years ago
Despite low customer support in decarbonising water assets, the sector has proposed spending £1.3 billion in the next asset management period (AMP8) to reduce greenhouse gas emissions as it works towards operational net zero in 2030 and true net zero by 2050. Utility Week unpicks each company's PR24 business plan to see where the proposed investment will be spent.
Yorkshire Water has begun £10 million upgrades to a wastewater treatment site in Dronfield to remove phosphorus from treated effluent and improve water quality in the river Drone. The project is part of a wider investment of £500 million to reduce excess nutrients entering waterways across Yorkshire's region.
Welsh Water has strong customer support for its ambitious business plan, despite almost half of customers admitting the proposed bills will be difficult to pay. The company has set out plans to improve services and performance for the years to 2030 and will ask customers to pay an extra 26%.
Southern Water has asked the regulator to recognise the position the company is in and where it wants to get to with its ambitious business plan for 2025-30 that will see its raise bills up to 66%.
The cost of upgrading and future-proofing Thames Water’s ageing assets would be almost £20 billion, the company has revealed. To tackle the most pressing issues, Thames has proposed spending £4.7 billion on its assets in the five years to 2030. The figures are revealed within Thames’ PR24 business plan which it made public on 5 October, three days later than Ofwat’s submission deadline.