Ofwat puts gloss on sludge as it eyes environmental earnerComments Off on Ofwat puts gloss on sludge as it eyes environmental earner
WATER watchdog Ofwat has told people to stop being squeamish about sludge as it tries to trigger a trading boom in the waste stuff, saying: “where there’s muck, there’s brass.”
Ofwat boss wants to promote markets to help water companies trade left-over sludge, which can be turned into biogas to generate electricity or be put into the gas grid.
“The trading of bioresources could be a real breakthrough, economically and environmentally,” she said.
“By kick-starting this market, we could develop reliable, domestically sourced low-carbon energy generation and reduce water bills.”
It will seek to give water companies more information about left-over sludge at rival firms and price controls for the market. Ofwat also wants to tackle “cultural barriers” to trading, like perceived risks to drinking water quality.
The regulator has called for water trading markets to be improved.