Spotlight Session with Ofwat on PR24
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23/11/2022
When: Wednesday, November 23, 2022
12.00pm - 1.15pm
Where: Virtual
Contact: Hannah Martin
hannah.martin@britishwater.co.uk


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Join British Water's next Spotlight Session with Tim Griffiths, Director of Cost Assessment for the 2024 price review at Ofwat. Ofwat's 2019 price review set stretching targets to drive up performance over the next five years. They are now looking ahead and thinking about how to encourage companies to build on progress to date.
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Spotlight session With Ofwat On PR24

Join British Water's next Spotlight Session with Tim Griffiths, Director of Cost Assessment for the 2024 price review at Ofwat

Our Spotlight Sessions bring an organisation or topic into the spotlight to address key issues faced by the water and wastewater community. If you would like to better understand regulation and policy, hear strategic industry insights and pose questions to senior leaders.

Water companies support all aspects of life. Safe and reliable water and wastewater services are essential for our day to day lives, our wellbeing, and our natural world. Customers in England and Wales expect those services to keep improving, and for water companies to deliver benefits to the environment and wider society. Ofwat's 2019 price review set stretching targets to drive up performance over the next five years. They are now looking ahead and thinking about how to encourage companies to build on progress to date.

In December 2020 Ofwat shared their first discussion paper for the 2024 price review (PR24). PR24 and beyond: Future challenges and opportunities for the water sector reflected Ofwat's initial thinking for how to deliver better outcomes for customers, the environment, and wide society. In May 2021, Ofwat shared their ideas and ambitions for PR24 in PR24 and beyond: Creating tomorrow, together. They have set out four ambitions for what PR24 can achieve for customers and the environment, and principles for how they will approach and design the price review. Ofwat published the PR24 draft methodology on the 7 July 2022.

 

Read British Water's response to Ofwat's PR24 Consultation here.

 

Chaired by British Water’s Chief Executive Lila Thompson, the sessions provide a safe space for open and inclusive dialogue.

 

Please submit any questions you have for Tim in advance.

Pricing



REGISTRATION FOR THIS EVENT CLOSE FRIDAY 18 NOVEMBER 2022

This event is limited to 25 attendees, with a cap of 1 place per company. Places are offered on a first-come first-serve basis.

NOV-23-2022
Member
One space per member company
Free 
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More on Tim...

Tim Griffiths is director of cost assessment for the 2024 price review. He is an economist by background and has filled a variety of roles of Ofwat including programme director at the 2019 price review and opening the business retail market. Prior to working at Ofwat he was head of the price review at the Civil Aviation Authority, worked on price controls at the Office of Road and Rail regulation and has spent a number of years working in consultancy. 

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