Expecting a $12B. Spending In Water Utility Space
It comes at no surprises according to a new report from Bluefield Research, PFAS: The Next Challenge for Water Utilities, more than US$3 billion is forecasted to be spent annually on drinking water remediation technologies by 2030. While any significant increase in water treatment solutions hinges on federal policies, 29 states have already implemented a mix of policy directives, including testing requirements, prohibitions on product applications (e.g., food packaging), and the elimination of select firefighting foam constituents.
To date, 1,400 industrial & commercial sites have been identified in 49 states with varying amounts of PFAS contamination. The sites include military facilities, industrial sites, airports, and drinking water facilities. Among these, 223 community water systems that serve populations of +3,000 people in 12 states have tested positive.
Currently, there is no enforceable federal limit on PFAS in drinking water, although states are moving forward with varying approaches to identification, monitoring, and control measures. The burgeoning crisis has led several highly affected U.S. states, such as Michigan and New Jersey, to pursue regulatory limits on PFAS concentrations ahead of a slower-moving federal government to remediate PFAS-contaminated sites.
Another key, but more complex, regulatory consideration is the PFAS-laden biosolids discovered at wastewater facilities. Wastewater biosolids, a biproduct of the treatment process, are sometimes recycled and used as fertilizer products for agriculture. At this early stage, tests have shown elevated levels of PFAS in biosolids and select agricultural products (e.g., dairy) that could create a potentially disruptive impact on management practices