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#ofwatinnovation Trust in water 1 Ofwat’s innovation fund for the future John Russell/ Jonathan Read/ Rachel Wright/ Marc Hannis 10 June 2020

Ofwat’s innovation fund for the future › wp-content › uploads › 2020 › 06 › ... · 2020-06-18 · environments, protecting current and future customers from the impacts

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Page 1: Ofwat’s innovation fund for the future › wp-content › uploads › 2020 › 06 › ... · 2020-06-18 · environments, protecting current and future customers from the impacts

#ofwatinnovation

Trust in water 1

Ofwat’s innovation fund for the futureJohn Russell/ Jonathan Read/ Rachel Wright/

Marc Hannis10 June 2020

Page 2: Ofwat’s innovation fund for the future › wp-content › uploads › 2020 › 06 › ... · 2020-06-18 · environments, protecting current and future customers from the impacts

#ofwatinnovation

Trust in water 2

• Please be aware that we will be recording today’s session.

• To help ensure the webinar runs smoothly, please remain on mute

with your video switched off.

• We will be using Sli.Do today so please visit www.sli.do and join

using #Ofwatinnovation to submit questions and share your views.

• Our innovation consultation closes on 24 June 2020. Today is an

opportunity to find out more about our proposals, ask questions and

feed in early views.

Welcome and housekeeping

Slide 2

Page 3: Ofwat’s innovation fund for the future › wp-content › uploads › 2020 › 06 › ... · 2020-06-18 · environments, protecting current and future customers from the impacts

#ofwatinnovation

Trust in water 3

Introduction

safe and reliable

water

thriving natural

environment

public value

Slide 3

Page 4: Ofwat’s innovation fund for the future › wp-content › uploads › 2020 › 06 › ... · 2020-06-18 · environments, protecting current and future customers from the impacts

#ofwatinnovation

Trust in water 4

Introduction

Exploring the opportunities associated with open data, stimulating

innovation and collaboration, for example encouraging new business

models and service offerings that benefit customers

Responding and adapting to climate change including how to meet the

sector’s ambition of net-zero emissions

Restoring and improving the ecological status of our water

environments, protecting current and future customers from the impacts

of extreme weather and pollution

Understanding long-term operational resilience and infrastructure risks

to customers and the environment, finding solutions to mitigate these in

sustainable and efficient ways

Testing new ways of conducting core activities to deliver wider public

value

Slide 4

Page 5: Ofwat’s innovation fund for the future › wp-content › uploads › 2020 › 06 › ... · 2020-06-18 · environments, protecting current and future customers from the impacts

#ofwatinnovation

Trust in water 5

• Responding and adapting to climate change

• Restoring and improving the ecological status of

our water environments

• Understanding long-term operational resilience

and mitigating risks to customers/ the environment

• Testing new ways of conducting core activities to

deliver wider public value

• Exploring the opportunities associated with open

data

Innovation Funding

Innovation in

Water Challenge

Main

competition

Enabling

activities

Supply chain

Wider stakeholder

engagement

Water companies

Innovation Strategy Su

pp

ortin

g o

rga

nis

atio

n

Su

pp

ortin

g th

e d

eliv

ery

an

d

ad

min

istra

tion o

f the

co

mp

etitio

n

Ofwat

Overall strategic control/ final decision-maker

Independent Panel of Experts

Scrutinising proposals/ making recommendations for

funding

Pa

rtne

rship

s a

nd

co

llab

ora

tion

Pro

po

sa

lsK

ey is

su

es

Interface -

interactions/

collaboration

Our innovation consultation proposals – overview

Slide 5

Page 6: Ofwat’s innovation fund for the future › wp-content › uploads › 2020 › 06 › ... · 2020-06-18 · environments, protecting current and future customers from the impacts

#ofwatinnovation

Trust in water 6

Key policy issues in our consultation include

Intellectual Property

Rights: how do we strike

the right balance

between protecting

customers and attracting

innovation? Risk sharing: how do we

appropriately share risks between the

water companies and their

customers? How do we ensure we

encourage water companies of all

sizes to take part?

Partnerships and

collaboration: how do we

proactively encourage

partnerships and

collaboration, including with

SMEs and new players in the

sector?

Slide 6

Page 7: Ofwat’s innovation fund for the future › wp-content › uploads › 2020 › 06 › ... · 2020-06-18 · environments, protecting current and future customers from the impacts

#ofwatinnovation

Trust in water 7

Three strands of activity

Innovation in

Water Challenge

Main

competition

Enabling

activities

Wider stakeholder

engagement

Water companies

Innovation Strategy

Pa

rtne

rship

s a

nd

co

llab

ora

tion

Pro

po

sa

lsK

ey is

su

es

Interface -

interactions/

collaboration

Supply chain

Slide 7

Page 8: Ofwat’s innovation fund for the future › wp-content › uploads › 2020 › 06 › ... · 2020-06-18 · environments, protecting current and future customers from the impacts

#ofwatinnovation

Trust in water 8

Subject to consultation - next steps and envisaged timescales

Slide 8

Page 9: Ofwat’s innovation fund for the future › wp-content › uploads › 2020 › 06 › ... · 2020-06-18 · environments, protecting current and future customers from the impacts

#ofwatinnovation

Trust in water 9

Implementation and next steps

Innovation Funding

Innovation in

Water Challenge

Main

competition

Enabling

activitiesS

up

po

rting

org

an

isa

tion

Su

pp

ortin

g th

e d

eliv

ery

an

d

ad

min

istra

tion o

f the

co

mp

etitio

n

Ofwat

Overall strategic control/ final decision-maker

Independent Panel of Experts

Scrutinising proposals/ making recommendations for

funding

Slide 9

Page 10: Ofwat’s innovation fund for the future › wp-content › uploads › 2020 › 06 › ... · 2020-06-18 · environments, protecting current and future customers from the impacts

#ofwatinnovation

Trust in water 10

Search for Sli.do or visit https://www.sli.do/.

When prompted type #Ofwatinnovation and

click on Live Polls

One-Stop Shop – Slido live poll

Should we run all

three strands of

the competition in

Winter or prioritise

any of the

strands?

Can you give

examples of areas

where innovators and

other businesses

could benefit from

such a service?

What areas of the

regulatory

framework do you

think innovators

struggle to

navigate the most?

Slide 10

Page 11: Ofwat’s innovation fund for the future › wp-content › uploads › 2020 › 06 › ... · 2020-06-18 · environments, protecting current and future customers from the impacts

#ofwatinnovation

Trust in water 11

Innovation in

Water Challenge

Main competition

Ofwat Enabling activities

Supply chain

Wider stakeholder

engagement

Water companies

Innovation Strategy

Pa

rtne

rship

s a

nd

co

llab

ora

tion

Pro

po

sa

lsK

ey is

su

es

Interface -

interactions/

collaboration

Slide 11

Joint innovation strategy is more than the context for the fund

Existing sector innovation activity

New sector innovation priorities

Page 12: Ofwat’s innovation fund for the future › wp-content › uploads › 2020 › 06 › ... · 2020-06-18 · environments, protecting current and future customers from the impacts

#ofwatinnovation

Trust in water 12

Slide 12

Questions

Visit https://www.sli.do/ to ask your question and respond to the poll

Use event code #Ofwatinnovation