Market trends

Smart Water business intelligence week 02/10/2023

Market

The price of water has continued to increase for ten years. When faced with your bill, it’s difficult to decipher the lines, especially since everyone pays differently depending on where they live. In the Narbonne metropolitan area, the overall increase is 11%. The explanations in this article:

Pourquoi le prix de l’eau a flambé en 2023 ?

Technology

Researchers from the Autonomous University of Madrid (UAM) have developed a process based on the photo-Fenton method that can effectively degrade polystyrene nanoplastics in water. This advance could be key in the fight against plastic pollution, particularly in wastewater treatment plants:

A promising method for the degradation of nanoplastics in water

Regulation

The under-performance of the majority of water and wastewater companies in England and Wales will mean companies will have to return £114 million to customers next year. The rebate, presented today by Ofwat following its assessment of performance against targets set for 2022/23, will be deducted from customers’ bills for next year. Water companies have set ambitious targets for 2020-2025 to achieve better results, both for customers and the environment. When they fail to meet these targets, the regulator reduces the amount of money companies can collect from their customers:

UK water companies to return £114m to customers for under-performance

Financing

Today, the U.S. Environmental Protection Agency (EPA) announced $7.5 billion in funding available under the Water Infrastructure Finance and Innovation Act (WIFIA). This innovative low-interest loan program helps communities invest in drinking water, wastewater and stormwater infrastructure. To date, the EPA’s WIFIA program has announced $19 billion to help fund 109 projects across the country:

EPA announces $7.5B in available financing for water infrastructure projects

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