Read about our portfolio of sectors and the type of work we conduct in each


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We work with major water companies and their investors, regulators, governments, consumer agencies and international institutions to help them deliver their objectives through independent, impartial and impactful economic advice. We have a robust understanding of water sector policy, regulatory economics, and financing and funding issues developed through years of practical experience.

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Our work in the water sector covers a wide range of areas, including:

  • networks;
  • infrastructure investment;
  • competition;
  • retail;
  • water poverty & public value; and
  • environment.

We have worked on water sector issues internationally, including the UK, Ireland, Australia, and several other countries in the EMEA region. Examples of our recent work include:

  • Evaluating Ofwat’s approach to risk and return in the context of the PR24 framework.
  • Supporting a water-only company with a review and update of their Developer Services Charging Arrangements and their Bulk Supply charges for New Appointments and Variations (NAVs).
  • Supporting the UK water companies, through the industry research body UK Water Industry Research, with the development of a measure of water poverty.
  • Advising both Ofwat and the Northern Ireland Utility Regulator on water and wastewater cost assessment issues as they develop price control revenue allowances for the upcoming PR19 and PC21 price controls respectively.
  • Assessing potential future developments and scenarios in the UK water sector on behalf of an investor.
  • Reviewing Sydney Water’s current customer engagement processes.
  • Evaluating the current bulk supply charging practices for NAV companies for Ofwat.
  • Applying regulatory economics principles to a range of international water sector clients, for example in Jamaica and Oman.

The key contacts for our Water practice are...

To talk to someone about our experience in this sector, please call either +44 (0)20 7269 0210 for the UK, or +61 2 9006 1308 for Australia.

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