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Future Price Limits - The Challenges & Opportunities of the Developing Agenda

15th December 2011 — 09:45 to 16:30

Brunei Gallery, School of Oriental and African Studies, University of London

The election, the change of Government and their review process of many of the organisations involved and the long promised Government White paper due in the autumn have provided a less than ideal backdrop to the important price review process which due to be completed in 3 years time. The Periodic review process (PR09) was successful in taking on board a number of significant changes, climate change, catchment solutions and long term planning that have important sustainability and environmental benefits. PR09 as a process also demonstrated the effective use of an adaptive management cycle in planning and managing a key resource. This conference is planned to support the Future Price Limits consultation and reflect on what direction Government are giving to water policy. This process is moving well beyond the economics of asset management. The Government and Ofwat have signalled a stronger role and emphasis to be place on customer engagement and outcomes. The resolution of supply issues and the funding of the Water Framework Directive – for which water company investment is the major source of funds – means that this of fundamental importance to environment interests.

The aim of this conference is to outline the major themes that will be developed over the next three years as the Future Price Limit process is taken forward. It will do this by exploring the perspectives of key stakeholders in this process from the Government, economic regulator, customer and environmental perspective as well as a number of key programme themes.

Objectives

  • To understand the key ideas that will inform the next round of investment planning in the Water industry
  • To hear from the major stakeholders in this process including Government, Ofwat, The Environment Agency, The Consumer Council for Water and Water companies

To clarify the issues in five main themes:

  • The Future Price Limits process over the next 3 years
  • Customer engagement and outcomes
  • Sustainability – a sustainable water industry
  • Supply and demand and abstraction licensing
  • Catchment management & environmental standards

Download the conference programme as an MSWord document or a PDF document .

Conference outputs