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Water UK response to Ofwat residential competition report
The UK water regulator, Ofwat, has produced a report about introducing competition to the residential retail water market.
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Protection of water sources
The extraction of shale gas poses potential risks to groundwater reserves, for example through contamination with chemicals used in the fracking process. However, the Infrastructure Act, passed last month, will help mitigate these risks. It states that water companies will need to be consulted for all planning applications involving the boring for, or getting of, oil and natural gas from shale.
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Partnerships with investors
The water sector has delivered major benefits to customers, society and the environment over the past 25 years. Our water supplies are even more reliable, our drinking water remains among the best in the world and our rivers and beaches are cleaner than ever before. This success has been underpinned by partnerships, in particular with investors.