Ofwat has set out a recovery plan from the pandemic that will amount to £2.8 that will ensure lower levels of pollution.

New projects from Trent Water, South Staffs Water, Pennon-owned South West Water, Thames Water and United Utilities have been green lit by Ofwat, and the £0.85bn needed for these schemes will be boosted by a proposed further £1.9bn for future projects as the companies target net-zero emissions by 2050.

“Today marks an important step in this country’s green economic recovery with the water sector stepping up to make a difference. From tackling the most pressing environmental issues, to providing economic stimulus with the backing of jobs and training, there has never been a more important time to act. These proposals can be if huge benefit for people and the planet when it is needed most.” David Black, interim Chief Executive Ofwat.

In total, the proposed green recovery package for water will now receive £2.8bn of environmental investment, on top of the existing five-year PR19 package.

The water companies, alongside Ofwat, Defra, the Environment Agency, the Drinking Water Inspectorate (DWI) and CCW are currently consulting on Ofwat’s draft decisions, the results will be published in July 2021.

Share Story: