Water and Effluent Treatment Magazine
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JUNE 2016 WET NEWS 3 S evern Trent has predicted totex savings of £670M across AMP6 due to e ciencies across its operational and capital investment activities. In its full-year • nancial results, the company said this equates to £260M outperformance, of which nearly 50% (£120M) will be reinvested for the bene• t of customers. It includes the £372M of savings announced in November to reach the • nal determination level of totex; a further £80M of savings locked in today, and an additional £180M that the company is "con• dent" in delivering over the remainder of the AMP. "E ciencies have been achieved across our operational and capital investment activities, through innovation, smarter procurement and tighter cost control," the report said. Severn Trent posted a total turnover of nearly £1.8bn from continuing operations, down £14.4M on the year, which the group put down to a £31M decrease in regulated prices. Underlying pro• t before tax and interest was £523M, down 3.2% on the year but compared with a market consensus of £512M, as the reduction in turnover in regulated water and wastewater was partially o" set by lower operating costs in the regulated business and increased operating pro• ts in the non-regulated business. The company reiterated its intention to target £15M of net outcome delivery incentive (ODI) rewards for 2016/17 at 12/13 prices (£23.2M at 2015/16 prices). It also reported the lowest W ork is underway on South West Water's (SWW) new £60M state-of-the-art water treatment works, which will serve Plymouth and the surrounding area. The new Mayš ower Water Treatment Works will replace the outdated treatment works at Crownhill in Plymouth, which was built in the 1950s and is reaching the end of its useful life. It will use cutting-edge Severn Trent predicts £670M of totex savings for AMP6 combined average bills in Britain of £329 per annum for 2016/17, š at year-on-year, and customer complaints were down 28% on the previous year. On renewable energy, the • rm said it has increased renewable energy generation by 17% (44GWh), and now generates energy equivalent to 33% of its own energy needs. It remains on track for 50% by 2020. Severn Trent chief executive Liv Gar• eld said: "We continue to drive down costs and have the lowest combined bills in Britain, with our customers paying on average less than a pound a day for their water and wastewater services. Further e ciencies are also allowing us to invest even more for the long-term bene• t of our customers and shareholders. "Our performance continues to improve with customer complaints down 28% year-on- year. We still lead the sector on wastewater and have made strong progress in areas such as internal sewer š ooding that is down 31%." 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Editor Maureen Gaines: maureengaines@fav-house.com Ad sales Deborah Lilley: deborahlilley@fav-house.com Classifi ed sales Danielle Mason: daniellemason@fav-house.com Team administrator Clare Klos: clareklos @fav-house.com Production controller Sharon Miller: sharonmiller@fav-house.com Publisher Angela Himus: angelahimus@fav-house.com Published by Faversham House Ltd, Faversham House, Windsor Court, Wood Street, East Grinstead, West Sussex, RH19 1UZ Call: 01342 332000 Publisher's note: This issue includes editorial photographs provided and paid for by suppliers. 1yr: UK £109 Overseas (airmail) £123/$185 2yr: UK £191 Overseas (airmail) £219/$329 Call: Kerry Buckell Tel: 01342 332 2031 Email: kerry-annbuckell@fav-house.com Search WET News' archives for more jobs, news, features, products and services, events and training courses. wwtonline.co.uk If you wish to make a complaint about the editorial content of this issue please contact the editor. SWW gets to work on Mayflower works Taking a look at the world of wastewater Randall Hackley Retweeted Lucy Lee About two-thirds of #wastewater produced by the tanneries is returned to the river without being treated #pollution @rhackley ICYMI: Upgrades are on the horizon for New Jersey & New York #wastewater systems thanks to funding from the @EPA: @GE_Water Beer Made With #Wastewater? To drink or not to drink… @IcePigging Our Innovative Aeration Control reduces up to 32% of energy costs in WWTP in Portugal #wastewater #energye« ciency @AqualogyUK treatment processes, designed and developed by Dutch company PWN Technologies. The new technology uses suspended ion exchange, inline coagulation and ceramic membrane micro• ltration. It is the • rst time that this technology has been used in the UK. The construction phase is scheduled to • nish in March 2018, with Mayš ower becoming operational in September 2018. "We still lead the sector on wastewater and have made strong progress in areas such as internal sewer flooding that is down 31%" Liv Garfi eld, Severn Trent Onsite with Cllr Bill Hichins, South Hams District Council's Ward Member and chair of Bickleigh Parish Council, and Dr Stephen Bird, SWW managing director ¥ Utility puts savings down to 'smarter procurement and tighter cost control'. In #China, Veolia improves Sinopec Corp's #wastewater treatment to protect wildlife #IDB2016 @veolia Average circulation Jan-Dec 2015: 6,110