Innovation in AMP 6
While water companies are preparing their business plans for Price Review 2014 (PR14) they are coming under increased pressure to improve their relative efficiency whilst achieving improved water and wastewater quality and ensuring customers' continued satisfaction. Stimulating innovation will be key to overcoming the many challenges faced by the industry in an increasedly competitive landscape. Regulators are providing incentives to encourage and take forward innovative approaches to the new five-year Asset Management Plans (AMP 6). With water companies due to submit business plans to OFWAT in December 2013, this conference comes at a pivotal time. It is an opportunity to identify gaps in the practice of innovation in the water sector and to explore the best solutions going forward.