Anglian Water and Business Modelling Associated are awarded over £300k for their latest project
22 March 2022
On World Water Day, the English and Welsh water regulator, Ofwat, has awarded £314,316 to Anglian Water in partnership with Business Modelling Associated for its project to Unlock bioresources market growth using a collaborative decision support tool.
Anglian Water will work with Northumbrian Water, Yorkshire Water, Southern Water and Thames Water to develop a collaborative, strategic planning capability, underpinned by Business Modelling Associated’s adaptive systems planning software.
This will identify opportunities to trade bioresources across existing assets and determine the optimal blend of future inter-company investments; tackling shared challenges and maximising environmental and customer value.
The project is one of 13 projects awarded a total of £5.2m of funding by the Water Breakthrough Challenge using new technology and cross-sector collaborations to improve water quality, reduce pollution and enhance services for consumers.
Steve Riches, Bioresources Portfolio Lead for Anglian Water: “This project will challenge the traditional siloed business planning approach for bioresources and will clearly demonstrate the benefits of collaboration and adaptive systems planning, applied to strategic asset management decision making.”
Between now and the summer, the Water Breakthrough Challenge will award up to £39m to projects across England and Wales. The Water Breakthrough Challenge is part of a series of competitions from Ofwat, and run by Nesta Challenges with Arup and Isle Utilities, designed to drive innovation and collaboration in the sector to benefit individuals, society and the environment. The winners of £34m of funding will be announced later in the Spring.
Harry Armstrong, Director, Ofwat said: “It is great to see the water sector deliver more exciting and impactful projects through this round of Ofwat’s Water Breakthrough Challenge. The winners all have huge potential to benefit people, society, and the natural environment. I’m excited to see these projects become reality and start to make a real difference in the way we do things.”
The next competition will launch in Autumn 2022. Entries are encouraged from water companies in England and Wales, alongside partnerships with universities and institutes, retailers, start-ups, technology companies, charities, and small businesses. Previous winners have included collaborations between water companies and the likes of the Zoological Society of London, Microsoft, National Energy Action, and the Rivers Trust.