Regulation and Legislation
The Competition and Markets Authority has just announced that it is investigating the anticipated acquisition by the overseas investors consortium of Macquarie Infrastructure and Real Assets (Europe) Ltd and British Columbia Investment Management Corporation of a 60% shareholding in the gas transmission and gas metering business of National Grid Gas plc.
Ofwat has launched a new consultation on proposals for water companies to trial creative and targeted ways in calculating customers’ charges to help make sure those who need support can get it.
The latest leaderboard rankings published today by Ofwat for customer satisfaction and experience for water and wastewater companies for 2021-22 has shown a fall in service levels for household customers.
Business retail water sector operator MOSL has flagged up gaps in Ofwat’s draft methodology for the the upcoming Price Review in 2024 – MOSL described the current regulatory framework as “weighted heavily towards households.”
The Competition and Markets Authority (CMA) has required Veolia to sell 3 businesses after an in-depth merger investigation concluded the merger with Suez gives rise to competition concerns in a number of markets, including 2 water treatment markets.
- Price Review 2024 - Ofwat expects water companies to deliver all projects worth £200m-plus via Direct Procurement for Customers
- Defra consults on proposals for new water efficiency labelling to protect water supplies and cut energy bills
- Ofwat sets out next steps to regulate water companies' environmental incentives to support water efficient new homes
- Waterwise takes aim at Ofwat’s draft methodology for PR24 - “Ofwat should not be marking its own homework on the impact of its price reviews”
Latest Tenders
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United Kingdom – Coventry: Biosolids recycling and associated services. Deadline: PME 01.04.2025 March 12, 2025
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United Kingdom – Glasgow: Supply of Low Emission Structural Steel & Rebar. Deadline: 04.04.2025 March 6, 2025
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United Kingdom – Belfast: Collection & Transportation of Water & Wastewater Samples. Deadline: RFI March 6, 2025
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Expert Focus
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Thames Water starts work on £20 million pipe upgrade in Islington February 13, 2024
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