Severn Trent Water has commissioned Oxera to discuss possible options for access pricing and the future treatment of the regulatory capital value in the water sector. 

These topics are potentially relevant in the context of developing upstream competition in the sector, and are likely to play an important role in Ofwat’s Water 2020 project. In our reports, Options for access pricing methodology and Options for future treatment of the RCV, we explore the history of these issues in the sector, discuss the key differences between water and other infrastructure sectors, and consider how the access pricing regime and the RCV may evolve in the future.