Ofwat

Climate Crisis Hits Mauritius: A Looming Water Catastrophe

1 month ago

As the world grapples with the far-reaching consequences of climate change, the picturesque island nation of Mauritius is facing an alarming forecast regarding its water supply. Experts warn of a potentially catastrophic scenario that could severely disrupt water availability, endangering both public health and the island's delicate economy.

Thames Water Requests CMA Review of Ofwat's Business Plan Decision

2 months ago

In a significant development for the UK water sector, Thames Water has formally requested the Competition and Markets Authority (CMA) to conduct an inquiry into a recent decision made by the water regulator, Ofwat, regarding its business plan for the next five years. This move underscores ongoing tensions in the regulatory landscape as water companies grapple with increasing scrutiny and demands from stakeholders.

Thames Water Faces New Scrutiny from UK Water Regulator Amid Ongoing Challenges

2 months ago

Thames Water, one of the UK's largest water utility companies, is currently under a fresh investigation by the Water Services Regulation Authority (Ofwat). This comes in response to widespread concerns over the company's operational performance, particularly its ability to efficiently manage wastewater and provide reliable services to millions of consumers.

Thames Water Predicts 5.1% Returns for Investors Amid Regulatory Insights

4 months ago

Thames Water, the UK's largest water and wastewater services provider, is set to deliver a 5.1% return on equity for its investors, according to the latest assessments by Ofwat, the water services regulation authority. This forecast comes as Thames Water navigates through pressing financial and operational challenges, positioning itself on a path of recovery.

Macquarie's Challenges with Southern Water: A Divergence from Thames’ Model

4 months ago

In a recent declaration made by Ofwat, the water regulatory authority in England and Wales, it has been made clear that Macquarie’s management of Southern Water will not be conducted in the same fashion as its oversight of Thames Water. This announcement underpins the complexities and unique challenges that Southern Water faces, distinct from those encountered by Thames, which has become a focal point in discussions surrounding the future of water management in the UK.

UK Water Regulator Opens Door for Delayed Price Review Decision

6 months ago

The UK water sector is poised for significant changes as the water regulator, Ofwat, has taken a decisive step permitting a delay in their upcoming price review ruling. This pivotal decision stems from an ongoing debate regarding the financial sustainability and investment requirements for water companies in the UK. Stakeholders across the industry have expressed concerns, leading Ofwat to consider a more extensive approach before finalizing price changes.