Over the longer term, climate change could impact on water resources resilience and the integrity of our assets. Our Resilience Framework provides a structure for us to achieve resilience in the round by taking an integrated and systematic approach to understanding risk and resilience challenges across all of our business areas and how they interact. Resilience was a key element of our PR19 Business Plan.
Our performance is measured by splitting this into two groups known as asset health baskets: water services and wastewater services
For more information on the individual measures of success, click the links
Performance measurements relating to water asset health are:
Performance measurements relating to wastewater asset health are:
This is focused on the long-term stewardship of our assets (such as our reservoirs and infrastructure), so performance is based on a three-year rolling average basis. Assessments were made at the end of 2017/18 and 2018/19 periods and we are now making the final assessment at the end of 2019/20.
We have reported on both the annual and three-year average performance for each of the asset health measures within this report. The table below summarises the overall financial impact of asset health performance.
Net impact for Asset Health is a penalty of £3,586,500 over the five-year period.
When we take individual financial ODIs into account the net impact for all ODIs is £9,933,000.
A number of new measures will be introduced for 2020-25. They are:
There will also be a series of measures relating to delivery of enhancement programmes of work.
We’ve always believed that most of the information we need to run our business efficiently is currently “known” to us. The challenge has been to identify its whereabouts, at what point do we need to act upon it, and who has the capacity and capability to carry out those actions.
Our DRIVE project was created to bring all of the information, systems and processes of our business together so we can tackle risks in a more measured and focused way.
By collecting information generated every second from 30,000 data points across our operations we can now get a better view of our entire business.
This single system means we weigh up issues to calculate risks and focus efforts and the right people before these risks impact on performance.
These are a few examples of the change in culture this is delivering: