News
Thames Water says further PR19 revisions would slow resilience plans
Thames Water’s chief financial officer has said that if the company is forced to make further budget cuts for 2020 to 2025, it would mean slowing the pace of investment in resilience projects. Brandon Rennet told Utility Week that the revised PR19 business...
RWE and Eon reach collective agreement for asset swap
A collective bargaining agreement for “future and job security” has been reached in Germany ahead of the planned asset swap between Eon and RWE. The agreement which, Utility Week understands, only affects employees in Germany, was agreed with employers’...
Ofgem launches consultation on price cap future
Ofgem has today (29 May) launched a consultation on its proposed framework for assessing whether market conditions facilitate “effective competition”, in order for it to make a recommendation on the future of the price cap. The regulator says that in the...
Utility leaders support UK bid to host UN climate conference
Leaders in the energy and water sectors have pledged their support for the UK’s bid to host the 2020 UN Conference of the Parties climate conference (COP26). The Conference of Parties is the supreme decision-making body of the UN’s Convention on Climate...
Trio explore plans for low-carbon industrial hub in Humber
Drax, Equinor and National Grid have formed a new consortium to explore the possibility of creating a low-carbon industrial hub in the Humber in the mid-2020s. The complex would feature a hydrogen production facility and a large-scale carbon capture and...
Thames Water CEO Steve Robertson steps down
Steve Robertson has stepped down as the chief executive of Thames Water with immediate effect. Ian Marchant, who has been independent chair since January 2018, will become interim executive chair until a new CEO is appointed. Thames Water said...
Natural England grants organisational licence to Southern Water
Southern Water has been awarded an organisational license allowing it to receive faster approval for engineering projects that may affect the habitats of rare or protected species. The license was granted by Natural England in acknowledgement of the...
Water industry reveals details of revised PR19 plans
A total of 14 water companies have submitted their revised business plans for the 2019 price review, PR19 to Ofwat today (1 April). When the regulator published its initial assessment of the proposals at the end of January it placed four companies in...
Ofgem’s revised price cap comes into effect
Ofgem’s revised price cap on standard variable and default tariffs comes into effect today (1 April). The energy regulator, which announced the changes in February, has raised the level of the cap to £1,254 – an increase of £117. The price cap for...
Amey Utilities launches the 2020 Challenge
The Utilities team at leading public services provider Amey has launched an industry-wide competition to make leaving streetwork excavations open overnight a thing of the past. The 2020 Challenge seeks to identify and develop new products and techniques to...