Ofwat’s proposed competition approach for 2022-25 Ofwat have been operating the innovation fund since January 2021 as a pilot period…
Water Breakthrough challenge 3
Ofwat have been operating the innovation fund since January 2021 as a pilot period and are encouraged by the level of interest, collaboration, as well as the quality and types of entries seen to date.
Over the next three years (2022-25), Ofwat have identified some key areas where further evolution of the fund could be beneficial:
Ofwat received 40 written responses to their consultation (published in April 2022) from a broad spectrum of stakeholders, with 16 of the 40 respondents representing innovators or supply chain bodies. Other respondents include 15 water companies (including one NAV) and a number of representative bodies such as Future Water Association, Spring, National Energy Action and the Consumer Council for Water.
With the vast number of positive responses to their consultation, Ofwat have made the decision to maintain the Water Breakthrough Challenge Catalyst and Transform streams for 2022-25, and to launch the new ‘open access’ competition:
Catalyst stream – aims to encourage new ways of working that go beyond business-as-usual innovation practices in the water sector, in particular, increasing and improving collaboration and building partnerships from within and outside the water sector. Ofwat will:
Transform stream – aims to spark ambitious innovation and enable new approaches and ways of working, equipping the water sector to address the big challenges it faces, driving far-reaching and long-lasting benefits to customers, society and the environment across England and Wales now and into the future. Ofwat will:
The ‘Open Access’ competition: this competition aims to support more early-stage ideas and encourage direct involvement of innovators with the fund.
It will launch no earlier than January 2023 with a straightforward entry process that is proportionate to the value and risk of these initiatives;
More information on how the Open access competition will run is set to be provided in Autumn 2022.
For either the Catalyst, Transform or Open Access Competition, Anglian Water are looking to support applications that align with our values and business & customer needs. This support could be helping to write bids, providing funding contributions, supporting with research and giving access to facility and testing support. Once submitted, applications will be reviewed internally by subject matter experts in Anglian Water and the Innovation teams.
For more information, please take a look at Ofwat’s Decision document.