UK WATER INDUSTRY RESEARCH

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Utility Week Live - Asset optimisation key to fighting future challenges

Utility Week Live - Asset optimisation key to fighting future challenges

Published On 22/05/2019

Steve Kaye presents UKWIRs perspective of innovation for Asset Optimisation, its impact on Capex and Opex, together with the role of the Regulator

Presenting at Utility Week Live as part of the "Water Company of the Future" session, Steve Kaye made the case for Innovation, in particular for the optimisation of water company assets.  Having taken a very forward thinking approach to the research challenges facing the UK Water Industry, UKWIR has focussed on a series of Big Questions.

Consequently it is very clear that a more effective management of existing water company Assets will bring benefits on many fronts, addressing many of the Big Questions we have identified.

As Steve stated “You’ve got to be very open-minded about how we look at building new assets and how we optimise and maintain the existing assets, and that’s a real opportunity for innovation.

KieranBrocklebank, head of innovation at United Utilities, agreed that asset optimisation is a vital factor going forward and cited examples of how United Utilities has started to utilise technology and a wider ‘systems thinking’ approach to detect and address problems before they occur.