Regulation and Legislation
The water sector in England has today set out a series of proposed, ambitious regulatory reforms - Water UK is warning that without the reforms, it will be increasingly difficult for water companies to meet the targets set out in the Government’s 25-year Environment and Storm Overflow Discharge Reduction Plans.
Ofwat Chief Executive David Black has set out the regulator’s expectations for water companies and investors at the upcoming Price Review in 2024.
The House of Commons Environmental Audit Committee (EAC) has welcomed the Government response to its report, Water quality in rivers, as demonstrating a welcome shift in attitude and an increase in Government ambition on water quality after decades of inaction.
Environmental organisations Thamesbank and Thames Blue Green Economy (TBGE) have accused the Port of London Authority (PLA) of seeking major new powers for itself to pursue wide scale commercialisation and development of the whole tidal River Thames without proper public consultation.
Following confirmation from the Environment Secretary, Iain Coucher has been appointed as the new Chair of Ofwat, the economic regulator for the water sector in England and Wales - he will take up the post on 1 July 2022.
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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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