Beesley Lecture - Beyond PR24

The Beesley Lectures address the latest developments in energy, water, digital markets and competition policy.

Cathryn Ross, Strategy and External Affairs Director at Thames Water, gave the first lecture of the 2022 season, looking at the significant challenges facing the water sector in the coming years and decades.

She talked about how, to rise to this challenge, companies need to step up and take responsibility, rethink their asset base strategy, and think about how to deliver over much longer timescales.

Cathryn, who has given this lecture twice before, then raised the question of whether the existing regulatory framework of five-year price reviews is fit to facilitate this outcome.

Her lecture examined how regulators can adapt to meet these challenges, from encouraging long-term planning through longer-term regulatory frameworks, to overcoming sector silos to ensure that they can deliver effectively on the outcomes that customers and society care about.

You can read the lecture in full: