Water companies need to up their game on water resource management
Ofwat has called for clear improvements from water companies in how they plan for greater resilience against drought. Planning for water resource has increased in importance due to the need to reduce the amount of water taken from the environment, and the challenges of climate change and population growth.
In its response published today to water companies’ draft water resource management plans, the regulator said that water companies could make better use of opportunities to trade water, reduce water consumption, and cut leakage in the long term. It also found that some companies need to do more to involve their customers and third parties in planning, and that the quality of some of the draft plans and supporting evidence fell short.
Ofwat also highlighted examples of good practice such as ambitious proposals to cut leakage in the short term by using satellite imagery and smart meters to locate customer supply pipe leakage.
David Black, Senior Director Water 2020 said
“We are disappointed that water companies’ draft water resources plans fell short of our expectations given the challenge to the sector for ambitious action to improve resilience. There are examples of good practice in a number of plans, but more can be done to deliver a robust twin track approach and look harder across company boundaries to develop regional solutions and outcomes”
- Water resources management plans (WRMPs) provide an overview of water companies resilience to drought and investment required to improve or maintain this.
- The most recent set of plans (WRMP19) were released for public consultation in Spring 2018 and Ofwat reviewed the draft plans as a statutory consultee.
Latest News from
Ofwat’s revamped Principles put strong focus on purpose, values and culture22/01/2019 12:25:00
Water regulator Ofwat has today published its revised board leadership, transparency, and governance Principles.
Ofwat to consult on changes to Regulatory Accounting Guidelines11/01/2019 13:15:00
Water regulator Ofwat has proposed a number of changes to its Regulatory Accounting Guidelines (RAGs) which set out in detail how water companies must treat particular items where disclosure and reporting requirements go further than those normally required under company law.
Ofwat finds water companies’ customer satisfaction up but failures on some performance targets09/01/2019 11:15:00
Ofwat yesterday published its reports on water companies’ service, delivery and financial performance over 2017-18.
Ofwat moves to streamline and simplify water company licences19/12/2018 12:15:00
Changes due to come into force early next year will see all water companies’ licence obligations set out in clearer, more accessible language.
Ofwat confirms outcome delivery proposals for four companies14/12/2018 12:15:00
On 1 November, Ofwat announced a consultation on proposals for underperformance payments and outperformance payments for four of the seventeen water companies in England and Wales. The regulator yesterday confirmed those proposals.
Business retail water market: Three more big businesses take the plunge into self-supply04/12/2018 15:15:15
Pub, cider and beer company Heineken UK, pub company Stonegate and textile rental and laundry service company Elis, have become the latest companies to be granted licences to self-supply in the business retail water market by economic regulator Ofwat.
Ofwat calls for fairer, faster, more hassle free compensation for water customers23/11/2018 10:25:00
Water regulator Ofwat has recommended an overhaul of compensation arrangements for water customers who are left off supply.
Ofwat eyes measures to shore up water companies’ financial resilience20/11/2018 14:25:00
Ofwat is today moving to strengthen water companies’ financial resilience by calling on them all to adopt a common set of standards.