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Water Privatisation and Regulation
The UK Experience
Water privatisation is a global phenomenon and refers to nonstate actors involved in the delivery of water. The United Kingdom (UK) model of water privatization involves the entire water system from abstraction to sewage treatment being sold to private firms. The organisation of this chapter is firstly to provide consideration of the structure of privatisation, followed by a discussion of the water industry and the domestic market. Then the water industry and the market for business customers are detailed, before outlining the challenges facing the future regulation of the water industry. The drive for competition in the sector has to be tempered by demands for value for money, affordable water charges and updating of the sewerage and water transport system. Large investments to bring the water industry up to standard have to be seen in the development of longer‐term strategies.
Water Privatisation and Regulation
The UK Experience
Water privatisation is a global phenomenon and refers to nonstate actors involved in the delivery of water. The United Kingdom (UK) model of water privatization involves the entire water system from abstraction to sewage treatment being sold to private firms. The organisation of this chapter is firstly to provide consideration of the structure of privatisation, followed by a discussion of the water industry and the domestic market. Then the water industry and the market for business customers are detailed, before outlining the challenges facing the future regulation of the water industry. The drive for competition in the sector has to be tempered by demands for value for money, affordable water charges and updating of the sewerage and water transport system. Large investments to bring the water industry up to standard have to be seen in the development of longer‐term strategies.
Water Privatisation and Regulation
The UK Experience
Booth, Colin A. (editor) / Charlesworth, Susanne M. (editor) / McEldowney, John (author)
2014-04-11
10 pages
Article/Chapter (Book)
Electronic Resource
English
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