The Big Build
Date 18 June 2007
Time
09:30-16:30
Location
Austin Court, Birmingham, UK
Achieving the capital expenditure requirements of the UK utilities
18 June 2007, Austin Court, Birmingham, UK
Supported by:
Introduction
UK utilities (gas, water and electricity) have each gone through a post-privatisation era of “asset sweating” and downsizing. Their assets have continued to age and they have agreed rapidly increasing capital spends with their regulators. But spending the money is harder than might be assumed. By the summer of 2007 the electricity DNOs will be half way through a 5 year regulatory period, and yet will have spent only around 1/3 of what they agreed. This event will examine the barriers to increasing capex, share examples of good practice to overcome them, and help map out the way to deliver target spend within this regulatory period and the longer term issues for the next one.
Objectives
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To outline the business-related issues associated with a substantially increased capex programme
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Provide an overview of the historical, current and future size and capability of the UK, European and World capex supply markets.
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To explain what some utilities are already doing to manage the increased capex.
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A forecast of the client requirements over the next 10-15 years.
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To engage both client and the supply chain into thinking about ways of overcoming the potential pitfalls
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To encourage financial stability and sustainable employment for clients and the supply chain through the further development of business communication and relationships
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To look at cultural differences in different markets and identify best practice solutions
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Identify the role of international standards
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To show how networks can be improved, not just replaced.
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To provide utility managers with a roadmap to deliver their increased capital programmes
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To stimulate discussion of innovative approaches to the problems identified
Utilities are managing technology programmes. Some issues and solutions are closely related to technology, others are commercial or skills related. This seminar will focus on the commercial and skills area.
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Cost
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Programme
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