PR24

AMP8: Water sector must overhaul supply chain relationships

Davy: CSOs weren’t talked about five years ago

Flexibility in water regulation is required to ensure companies can react to evolving consumer expectations such as sewer overflows, Susan Davy, head of Pennon has argued. She noted that overflows, which politicians and regulators made an investment priority for water and sewerage companies, were not being talked about five years ago when plans for PR19 were being made.

Financing doubts cast over water company business plans

Financing of water company plans for 2025-30 is reliant on huge sums of equity being put forward by investors at a time when returns are squeezed and the sector faces myriad performance challenges. For these reasons attracting the investment needed may be tougher than previous AMPs, analysts have warned.

Tougher targets and increased investment to weigh on water credit ratings

PR24: SVT’s past performance key to AMP8

Severn Trent has set out its intention to remain an industry leader across performance commitments in the next asset management period (AMP8) as the cornerstone to its ambitious plan.

PR24: South East facing ‘unprecedented’ network pressure

PR24: South West to investigate peak charging

PR24: Anglian seeks spending boost to £9bn

Anglian Water has proposed to spend more than £9 billion over the next asset management period – an increase of more than two thirds when compared to £5.3 billion of total expenditure allowed by Ofwat in its final determinations for PR19. Under its PR24 business plan for 2025 to 2030, the company said its expenditure on the environment would more than double to around £4 billion.

Customer support low for decarbonising water industry

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.

PR24: Portsmouth aims to be first ‘fully smart’ company

PR24: CCW calls for bigger water efficiency fund

South Staffs targets ‘long-term challenges’ in PR24 plan

PR24: Welsh Water customers support bills hike

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%.

PR24: United Utilities pledges third of total CSO spend

The new trilemma posed by PR24