Water in Denmark From no economic regulation to regulation with benchmarking Tone Madsen – Head of Danish Water Regulator Authority.

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Presentation transcript:

Water in Denmark From no economic regulation to regulation with benchmarking Tone Madsen – Head of Danish Water Regulator Authority

The Danish water sector 123 water companies 111 waste water companies Monopolies Ownership Mix of municipally and privately owned companies Corporatization in 2009

The economic regulation of water 1st Water Sector Act in 2009 Regulator established in 2010 Revenue caps since 2011 Efficiency requirements Benchmarking Quality and security of supply

How was regulation introduced? Focus on efficiency Benchmarking (DEA) in 2003 Comparative analysis of infrastructure sectors 2005 Productivity analyses Communication Data transparency

The results - so far 1,9 billion DKK in efficiency requirements (300 million USD) 2011-2019 Lower costs Reduced investment backlog Stable prices Accountancy methods Accountability

What will the future bring? New benchmarking model and larger focus on environmental data Focus on investments Focus on mergers and take- overs New role for comsumers?

Who are we?

Thank you Tone Madsen toma@kfst.dk