The United Kingdom, despite having relatively high rainfall and water availability compared to many other countries, faces water stress primarily because of climate change, which has changed rainfall patterns and caused droughts. During the 2022 drought, some UK water utilities implemented an unprecedented hosepipe ban.

UK water utilities are implementing multipronged, short- and long-term strategies that include developing new water infrastructure, reducing leaks, and exploring alternative, climate-resilient water sources, such as desalination and the reuse of treated wastewater.

• How have the targets for the water industry-driven innovation and investments in smart water solutions, specifically IoT sensors for leak detection, AI/machine learning data analytics, and smart water metering?
  
• What steps are being taken by Ofwat, the water service regulation authority of England and Wales, to meet future demand based on population growth and address water security concerns while transforming the water utilities landscape?
  
• How can your team leverage game-changing growth drivers to gain a competitive edge over top companies in the water utility space?