Water

We worked on a variety of practices and issues, for a plethora of clients, both public and private, national and overseas.

Europe Economics has extensive experience in the water sector

Over our years of experience, we have worked on cost of capital matters, real pricing effects, outcomes incentives, cost assessment, econometric analysis, risk sharing mechanisms, and several training courses. Below we provide a short list of most salient water-related projects we have worked on:

Delivery Partner

For Ofwat, we have recently worked as the Delivery Partner along with PwC and Mott MacDonald for PR19. This involved support on cost assessment, cost of capital, incentive regulation, real price effects, frontier shift and quality assurance.

Ofwat

Our personnel have been seconded multiple times to Ofwat, and we have carried out various discrete studies analysing the water sector from different perspectives. Some of these have involved cost …

Our personnel have been seconded multiple times to Ofwat, and we have carried out various discrete studies analysing the water sector from different perspectives. Some of these have involved cost assessment support for RAPID gate two assessment; advising on important aspects of Ofwat’s approach to the cost of equity for PR24 and; assisting with the investigation of the potential for improving Ofwats’s methodology to mergers’ assessment.

Ofwat

Our personnel have been seconded multiple times to Ofwat, and we have carried out various discrete studies analysing the water sector from different perspectives. Some of these have involved cost …

B-MeX

We have been commissioned by Ofwat to explore the concept and feasibility of a business customer measure of experience (B-MeX).

Third-Party Intermediaries

Europe Economic has been commissioned to study the role of Third-Party Intermediaries (TPIs) in the retail business part of the water sector.

Incentives of equity

We have also been commissioned to analyse the incentives of equity on the delivery of the functions of water and wastewater companies.

Thames Water

For Thames Water, we advised on the appropriate cost of capital to be applied under Ofwat’s PR14 price review, and advice on risk-sharing mechanisms in light of Ofwat’s total expenditure cost assessment and total expenditure menus.

Commission for Regulation of Utilities

For the Commission for Regulation of Utilities in Ireland, we advised on the Weighted Average Cost of Capital (WACC) for Irish Water in the context of RC3 price control.

Irish Water

We provided a workshop on non-domestic water tariffs to Irish Water, the water regulator of the Republic of Ireland. The course covered different options for the allocation of costs between customer groups and for the structure of tariffs.

Europe Economics has extensive experience in the water sector

Delivery Partner

Ofwat

Our personnel have been seconded multiple times to Ofwat, and we have carried out various discrete studies analysing the water sector from different perspectives. Some of these have involved cost …

Ofwat

Our personnel have been seconded multiple times to Ofwat, and we have carried out various discrete studies analysing the water sector from different perspectives. Some of these have involved cost …

Incentives of equity

We have also been commissioned to analyse the incentives of equity on the delivery of the functions of water and wastewater companies.

Thames Water

B-MeX

We have been commissioned by Ofwat to explore the concept and feasibility of a business customer measure of experience (B-MeX).

Third-Party Intermediaries

Europe Economic has been commissioned to study the role of Third-Party Intermediaries (TPIs) in the retail business part of the water sector.

Commission for Regulation of Utilities

For the Commission for Regulation of Utilities in Ireland, we advised on the Weighted Average Cost of Capital (WACC) for Irish Water in the context of RC3 price control.