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Credit rating agency S&P has given its vedict on the water companies of England & Wales after taking into account the reactions to the 'toughest determination ever' from Ofwat.
5 years ago
A sewer detection system that could predict where blockages and floods will happen is being trialled by infrastructure company Amey. Water companies have been set stretching targets as part of PR19 to reduce incidents of sewer flooding and will face financial penalties if they fail to meet the targets.
After two significant storms wreaked havoc on the UK, river levels still remain dangerously high, raising fears of more disruption. Utility Week looks at the work water companies have undertaken so far, with teams working day and night, often in dangerous conditions, to maintain or restore water to their customers
With a record number of appellants requesting referrals from Ofwat to the Competition and Markets Authority for their PR19 business plans, Utility Week gathers expert views on the areas most likely to feature in the appeals.
With just one day to go until the deadline for appealing to the CMA, SES Water has accepted its final determination but highlighted the challenges the cost gap and lower allowed revenue will create. Newly appointed chief executive Ian Cain said company had raised its concerns to Ofwat and would look for alternative approaches to deliver for its customers.
Bristol Water is the second company to make a request to Ofwat to refer its business plan to the Competition and Markets Authority for appeal. The company said there were "some technical issues, mainly around how to finance our company" that caused it to appeal.
Yorkshire Water's rejection of Ofwat's final determination on its 2020-2025 business plan, triggering a referral to the CMA, has lit the touch paper on what was already an explosive situation. But will the fire spread? Ruth Williams investigates whether the company's concerns represent a wider rebellion across the sector.
As the regulators get tough on pollution incidents in AMP7, Gareth Jones explains how improving the way wastewater treatment assets are managed could bring cost savings – and a step-change in efficiency.
Scottish Water will move into a longer term regulatory cycle from 2021, with investment plans that will have a knock-on effect for bills. The company's 25-year strategic plan sets out its goals to achieve carbon neutrality, invest in its assets and safeguard resources against climate change.
United Utilities said that after “careful consideration” it had accepted Ofwat’s final determination on its business plan for the next five years