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Why?

Problem statements

The Venture studio team has been collaborating with Spring innovation and the water companies across the UK to agree and validate three high value customer opportunities and problem statements.  These have been thoroughly tested with water companies and industry experts.  These are the challenges for which we are seeking solutions and are keen to hear from innovators who are either tackling these issues directly or have solution and disruptive ways of thinking about the problems. It is NOT mandatory that you are already working in the water industry, and we very much welcome solutions from different industries.

Minimise adverse impacts from polluting discharges to the water environment and improve water quality from all stakeholders

Water companies, industry, agriculture, and individual households all contribute to river water pollution through the release of a range of contaminants. This contributes to the pollution of rivers, which ultimately affects the quality of the water and has negative impacts on human health and aquatic ecosystems. There is a need for a comprehensive approach that takes into account all stakeholders to reduce the overall pollution in rivers understanding the total lifecycle of water ultimately improving the quality of water for all.

Potential Outcomes

  • Improved quality of river water andecosystems
  • Reduced processing requirements to clean water
  • Reduction in pollutants enterin griver systems
  • Better insights on the  quality and flow of water through its full lifecycle
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Accelerate the roll out and improve the maintenance of capital intensive solutions through innovative financing or customer billing models

Innovation in capital-intensive solutions (such as sensors and smart meters) drive progress however, the adoption, implementation and ongoing maintenance of such solutions are often hindered by financial barriers. The high upfront costs associated capital-intensive solutions delays the realization of benefits such as improved efficiency, increased productivity, and reduced costs. To address this problem, there is a need for innovative financing, billing and maintenance models that can accelerate the rollout of innovative capital-intensive solutions.

Potential Outcomes

  • Advance innovation realising benefits sooner
  • Increase time to value from assets & data
  • Lower total cost of ownership for assets
  • Lower levels of financial gearing inline with regulations
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Better engage customers to reduce demand and increase the perceived value of water helping to lower the emissions of the water industry  

The UK needs to reduce water demand while maintaining high levels of service to customers. Despite initiatives to promote water conservation, customer engagement remains low, leading to high water consumption and increased strain on water resources. Furthermore, many customers perceive water as a cheap and abundant resource, leading to a lack of appreciation of its value and a need to conserve it. We need to reduce the water intensity, duration, and frequency of water using tasks to help people reduce how much they consume

Potential Outcomes

  • Reduced water usage in households & businesses
  • Better social appreciation of the finiteness of water
  • Lower emissions from processing less water
  • Deeper connection with customers and the community
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Help us build systems which can create lasting change in the water industry and beyond

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