This discussion document concerns RAPID’s work on the regulatory and commercial framework for strategic water resource solutions. We explain how our work fits in with the established and developing framework for planning water resources, and with wider work, including in Ofwat’s 2024 Price Review and RAPID’s gated process. We outline the work to date, and the work we are currently undertaking with industry, our partner regulators and with Natural Resources Wales. We set out our initial thinking on the regulatory and commercial framework.
We welcome views regarding the scope of what we are developing, the priorities and timing, and our initial thinking.