Development of Commercial and Legal Model for Multi-Sector Reservoir Systems
Awarded 10 Oct 2021
About
OFWAT awarded a contract to CEPA LLP for the development of a usable commercial and legal model for multi-sector reservoir systems.
The project involved collaboration with RAPID, Anglian Water, Northumbrian Water, Yorkshire Water, and Water Resources East.
The work included a desktop review of existing literature, identification of precedents within and beyond the UK, stakeholder discussions, and workshops to develop, test, and iterate the model.
The model considered various commercial users such as the energy and agriculture sectors, environmental interests, and financing approaches, and addressed benefits and risks including public water supply and social value.
The contract value was AUD 100,000, with a term of 6 months, though work was expected to be completed in around 3 months.
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