In December 2019, we explained our decision to make up to £200m of additional funding available for the next regulatory period (2020-2025) for innovation in the water sector.
In this consultation document, we seek views on outstanding policy issues, and explore options for the detailed design and implementation of the innovation funding and competition. We also provide a brief update on other complementary activities, such as the joint sector innovation strategy which we have asked the water companies to lead on, and the trialling of a One-Stop-Shop to provide regulatory advice and support to innovators looking to get innovative activities off the ground.
We recognise that these are challenging times for all, and our priority is to support and challenge the water sector in ensuring all customers receive reliable water and waste water services. The current COVID-19 pandemic reinforces the important role innovation can play in addressing global challenges. With that in mind, we are still aiming to launch the first round of the innovation competition in winter 2020, so as to start delivering the intended benefits for consumers and the sector as soon as possible.
Where to send submissions
We look forward to receiving responses to this consultation by 24 June 2020 to [email protected]. We recognise that, in the current circumstances, some stakeholders may struggle to meet our consultation deadline. Please do let us know as soon as reasonably practicable if that is likely to be the case.