Ofwat: Confirms new open access competition for innovators
- Ofwat’s role is to help the sector build trust and confidence with customers, the environment, and wider society
- Announced a new “open access” competition for innovators as its £200m Innovation Fund
- The innovation fund incentivizes and rewards collaborative innovation in the water sector that meets key objectives for the industry
- The fund awarded £63m to projects ranging from bio-engineering solutions for ammonia and phosphorus pollution to removing pollutants
- Unveiled how the innovation fund will evolve to meet customer, environmental, and industry priorities in the years ahead
- The first £4m open access competition to open in early 2023 – and continuing the fund to 2030
