Deloitte partner and National Water Leader, Michael Rath indicated that ageing infrastructure, scarcity of supply and increasing demand from industry meant the private sector had a much bigger role to play in the water sector.
New York, NY (PRWEB) March 03, 2012
Big4.com, the premier social networking forum for professionals and alumni of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers PwC recently reviewed the latest analysis on the global water industry and found that according to "Water Tight 2012:The Top Issues in the Global Water Sector", the latest report from the Big Four professional services firm Deloitte, the energy industry, technology providers and the private sector will all be vital to ensuring a globally sustainable water industry.
“At present, water pricing barely covers the cost of maintenance and operations, let alone upgrading or extending the system. However, while the water industry hasn’t been a front runner in leading with technological advances, the potential for consumer prices to rise and the ever increasing demand for infrastructure is likely to drive much greater investment in technology.”
Deloitte partner and National Water Leader, Michael Rath indicated that ageing infrastructure, scarcity of supply and increasing demand from industry meant the private sector had a much bigger role to play in the water sector. He also said one of the biggest issues for both the local and global water sector was the production demands of the energy industry.
“The more energy we use the more water is needed for production so the water and energy industries need to work in closer collaboration to find integrated solutions for reducing water usage during energy production,” he said. “Doing so will go a long way to addressing the challenges, such as carbon emissions, that currently face both industries.”
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