Tag: Ofwat

Ofwat’s Innovation Fund seeks bold and ambitious entries to Water Breakthrough Challenge 4

Stuart Mitchell

Ofwat, the economic regulator for the water sector in England and Wales, is calling on water companies with bold and innovative projects to solve some of the water sector’s biggest challenges to apply to win the fourth Water Breakthrough Challenge. To date, Ofwat’s £200 million Innovation Fund has awarded more than £105 million to projects across England and Wales that are pioneering solutions to improve the water sector’s environmental impact – from the transition to net zero to tackling leaks and spills – and to transform services for consumers. Since…

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Water sector to plunge £2.8 billion into the green recovery

Stuart Mitchell

The water sector is set to invest £2.8 billion in environmental projects to help the country build back greener. Ofwat, in collaboration with Defra, the Environment Agency, the Drinking Water Inspectorate, and CCW, wrote to water companies last year and challenged them to identify ways to support the country’s green economic recovery from COVID-19. Companies were asked to bring forward new proposals and accelerating existing ones to deliver an innovative and more resilient future for customers, society and the environment. Following that, Ofwat sets out plans to support £850 million…

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John Lewis PLC First in Retail Sector to Apply for Self – Supply Licence

Stuart Mitchell

John Lewis PLC has become the first UK retailer to apply to Ofwat for a water and sewerage self-supply licence. The leading retailer is partnering with Waterscan to facilitate the application process and to subsequently deliver water cost and consumption savings. John Lewis PLC’s corporate responsibility approach is underpinned by key commitments on sourcing and selling products with integrity, helping Partners and communities thrive, and innovating to reduce environmental impact. Accordingly, the company has achieved a reduction in carbon intensity by 70% against a 2010 baseline and has set further…

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