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Markets and security of supply

26/02/10

Recent developments in energy show why a statutory framework is necessary for extending competition in water.

In its response to the government's consultation on the Cave Review of competition and innovation, Water UK shared the government's conclusions on two important points.

First, to go on being successful, the industry model must evolve. New ways of working are needed. Extending competition is one mechanism that could contribute to this evolution.

Second, there is an inherent uncertainty about how competition might develop, so a phased approach is the right way forward.

Water UK made the case for a strong statutory framework for competition to ensure useful outcomes for customers and society. Recent developments in the gas market and elsewhere have only strengthened the argument.

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Water UK response to Defra consultation on how government should take forward recommendations of the Cave Review on competition and innovation

Contact: Water UK Communication


© Water UK

Sat 11 Feb 2012, 23:55
http://www.water.org.uk/home/news/archive/competition/markets-and-security-of-supply-26-02-2010