Anglian Water, Northumbrian Water, Welsh Water and Yorkshire Water commissioned Economic Insight to consider the Financeability of the Notionally Efficient Firm, a top down analysis for PR19 (August 2019).
Thames Water has commissioned Frontier Economics to estimate the cost of capital for water and wastewater companies for PR19, following publication of Ofwat’s Draft Determination (August 2019).
Anglian Water has produced an update to their previous paper on the relationship between the allowed cost of equity and notional financeability (August 2019).
Anglian Water, Northumbrian Water and Wessex Water commissioned Reckon to consider how enhancement opex could be treated in regulatory cost assessments. Reckon looked at implicit allowances for enhancement opex and proposed some ways in which enhancement proposals which comprise different mixes of operating and capital expenditure could be treated to ensure fair benchmarking comparisons (June 2019).
Dŵr Cymru Welsh Water has produced a discussion paper on setting the cost performance and service performance frontier for the water industry (June 2019).