Research and Markets:Ofwat introduce Water Supply Licences into the UK Market to allow Retailers to enter the Sector.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/reports/c35603) has announced the addition of UK Water Competition: Water Supply Licences to their offering. While the remit To transmit or send. To relinquish or surrender, such as in the case of a fine, punishment, or sentence. An individual, for example, might remit money to pay bills. TO REMIT. To annul a fine or forfeiture. 2. of Ofwat Ofwat Noun (in Britain) Office of Water Services: the body which regulates the activities of the water companies in England and Wales Ofwat n (BRIT) (= Office of Water Services) → is currently to promote competition, which it has chosen to do through the mechanism of Water Supply Licenses, there is considerable debate about how successful they can potentially be. The contention is largely around the pricing mechanism supported by Ofwat and how this shields incumbent water utilities from potential efficiency advantages of entrants. Scope of this title: Outline of the mechanics of the WSLs and how they are designed to operate. Description of the pricing structures that Ofwat has introduced and how this will affect competition. Debate on some of the technical issues that this raises for the industry. Coverage of the legal challenges that the WSLs and pricing structure currently face. Highlights of this title: While Ofwat has introduced Water Supply Licences to allow entrant en·trant n. One that enters, especially one that enters a competition. [French, from present participle of entrer, to enter, from Old French; see enter. water retailers access to the UK market, there is considerable debate about how successful they can be. The current pricing mechanism chosen by Ofwat protects incumbent water utilities from the potential greater efficiency of entrant suppliers as they can price on a "retail-minus" basis. The WSL WSL - Waterloo Systems Language. A C-like systems programming language. ["Waterloo Systems Language: Tutorial and Language Reference", F.D. Boswell, WATFAC Publications Ltd., Waterloo, Canada. ISBN 0-919884-00-8]. scheme is under considerable pressure from a court case involving a paper mill in Wales Wales, Welsh Cymru, western peninsula and political division (principality) of Great Britain (1991 pop. 2,798,200), 8,016 sq mi (20,761 sq km), west of England; politically united with England since 1536. The capital is Cardiff. which is currently before the Competition Appeal Tribunal The Competition Appeal Tribunal of the United Kingdom (“CAT”) was created by Section 12 and Schedule 2 to the Enterprise Act which came into force on 1 April 2003. . The precedents set in this case are likely to be extremely important for the future direction of competition. Reasons to order your copy: --Review progress of competition in the UK water industry. --Quantify the retail margins that entrant WSL holders currently have to work with. --Understand the technical issues that WSL holders face when entering this market. Topics Covered --CATALYST --SUMMARY --METHODOLOGY --ANALYSIS --APPENDIX --Further reading --Ask the analyst List of Tables --Table 1: Table of indicative access prices published by Incumbent water utilities List of Figures --Figure 1: An entrant can purchase wholesale water supplies from the incumbent and retail to its customers --Figure 2: If the entrant has their own wholesale water supplies, they can use the incumbents network --Figure 3: WSL holders may purchase excess water from a neighbouring network, establish a link and pay common carriage --Figure 4: Supplying water from regions that are not immediately adjoining the consumers region is not allowed under the Act --Figure 5: Schematic A graphical representation of a system. It often refers to electronic circuits on a printed circuit board or in an integrated circuit (chip). See logic gate and HDL. of a "retail-minus" pricing approach (relative proportions are merely demonstrative LEGACY, DEMONSTRATIVE. A demonstrative legacy is a bequest of a certain sum of money; intended for the legatee at all events, with a fund particularly referred to for its payment; so that if the estate be not the testator's property at his death, the legacy will not fail: but be payable ) --Figure 6: Schematic of a "unbundled" pricing approach (relative proportions are merely demonstrative) --Figure 7: It is possible to have multiple water networks within the same region --Figure 8: Existing Supply Arrangements for Shotton Paper Mill --Figure 9: Albions supply proposal schematic Source: Datamonitor For more information visit http://www.researchandmarkets.com/reports/c35603 |
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