October 2022
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This conference discussed the future development of the water market in England.
Delegates looked at latest thinking on priorities for the sector including changing consumer demands, affordability challenges across the utility sector, and environmental concerns.
It took place at an important time for the industry, with:
- Ofwat’s publication of the Price Review 2024 draft methodology, which establishes key ambitions and milestones for the review
- the Government’s publication of the Storm Overflows Discharge Reduction Plan - setting out a mandatory £56bn investment programme to address the impacts of storm overflows
- Defra launching a consultation on UK Mandatory Water Efficiency Labelling
The conference was also an opportunity to discuss the future direction of Government policy under the new Prime Minister.
Sessions on the agenda looked at:
- the PR24 draft methodology - taking in key stakeholder responses to the framework
- environmental obligations - the role of water companies in reducing pollution and contamination of rivers and streams, protecting biodiversity, and preserving habitats
- infrastructure development:
- priorities for surface water management, flood prevention, leakage, and metering - modernisation and innovation
- drought and drainage challenges - resilience and preparing for future risk
- innovation - responding to the impacts of climate change and changing consumer demands
- regulation and policy priorities - long-term decarbonisation plans - affordability guidelines - security of supply obligations - net-zero objectives
- market design - affordability - value for stakeholders - business models - supplier commitments - metering - customer expectations - operational efficiency - collaboration
We were pleased to be able to include a keynote session with Aileen Armstrong, Senior Director, Ofwat.
The conference was an opportunity for stakeholders to consider the issues alongside key policy officials who are due to attend from Ofwat; BEIS; CCC; DAERA, NI; Defra; Department for Finance, NI; the DIT; DLUHC; HM Treasury; and the DWI - as well as parliamentary press holders from both Houses of Parliament.
