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Grasping the opportunity: water innovation
In association with
27 May 2020
In December last year Ofwat announced that an innovation competition for a £200 million fund, financed by a ring-fenced levy on customers’ bills, would now go ahead for AMP7. At this exciting and pivotal moment for the UK water sector Utility Week, in association with CGI, has conducted a landmark qualitative research report to support water companies as they shape their strategy to take advantage of the new funding.
In December last year Ofwat announced that an innovation competition for a £200 million fund, financed by a ring-fenced levy on customers’ bills, would now go ahead for AMP7.
At this exciting and pivotal moment for the UK water sector Utility Week, in association with CGI, has conducted a landmark qualitative research report to support water companies as they shape their strategy to take advantage of the new funding.
This report has been conducted through in-depth interviews with water company chief executives. It provides a comprehensive insight into the opportunities the fund presents, and the obstacles that need to be overcome for it to deliver on its most ambitious of aims.
Download the report now to learn:
- More about the purpose and principles of the fund – and Ofwat’s vision for it
- The lessons from Ofgem’s innovation fund – and the need to cut red-tape
- Where water company CEOs see the main opportunities for spending the money and challenges – and what it shouldn’t be spent on
- How CEOs think the fund should be run to deliver maximum engagement and industry benefits