Technology including digital twins to play ‘massive role’ in delivering £96bn water ambitionsThe use of technology including digital twins ...
Published on by Water Network Research, Official research team of The Water Network
The use of technology including digital twins is set to play a “massive role” in delivering the ambitious £96bn of investment in the water sector’s eighth asset management period (AMP8) between 2025 and 2030, according to Severn Trent’s digital engineering lead.
Speaking to NCE at its Water conference on 20 June, Severn Trent Water business lead for digital engineering, sustainability and emerging tech Nitesh Alagh, said that the industry had been aware of the challenge of delivering AMP8 and had started preparing ahead of time.
“I think what’s interesting here is that we’ve already figured out that there is going to be a bigger investment and we've already started preparing ourselves,” Alagh said. “In fact, most water companies are exiting AMP7 at the run rate that they need to be at in year one of AMP8.”
While initial determination and final determination of the water companies’ plans is yet to be handed down by regulator Ofwat, Alagh said there has already “been a lot of enabling activity”.
“We all know that we’ve got our work cut out,” he continued. “So, I’m sure I’m speaking on behalf of my peers in the water industry when we say that we have already started on AMP8.” What is AMP8? An 'Asset Management Plan' is the five-year period covered by a water company's business plan that sets short and long-term objectives for the upcoming period.
This is something that was echoed on stage at the event by directors from Northumbrian Water and Affinity Water, as well as Severn Trent.
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