Reservoirs
The question
To ask the Secretary of State for Environment, Food and Rural Affairs, with reference to the Purposeful Finance Commission’s report entitled Reservoir underdogs: unlocking regulatory challenges to delivering new reservoirs, published in September 2025, whether she has made an assessment of that report's recommendation to reform the five-year price review cycle to allow mid-cycle adjustments for strategic water infrastructure, including reservoirs.
Answered by Emma Hardy
The Government’s Water Delivery Taskforce is working across Government, water regulators and stakeholders to deliver planned water infrastructure that is essential to growth.
A dedicated team is focused on identifying and resolving blockers for the nine new reservoirs in England and is considering the recommendations from the Purposeful Finance Commission’s report and its alignment with the recommendations of the Independent Water Commission, which also examined some of these areas within its remit.
A full response to the Independent Water Commission’s recommendations will be outlined later this year through a White Paper and a new water reform bill. These will set out the Government’s vision for a new partnership based on effective regulation – bringing forward root and branch reform to secure better outcomes for customers, investors, and the environment.
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