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Vector welcomes Government investigation into pumped storage

Vector has today welcomed the Government’s plans to push closer towards a 100% renewable electricity system by exploring hydro projects that pump and store water to better manage dry year risks and the intermittency of renewable generation.

Operational Performance for the year ended 30 June 2020

Date of Annual Meeting, Director Nominations closing date (under LR 2.3)

Vector Limited advises that its annual meeting will be held on Friday, 25 September 2020, commencing at 2.00pm.

Vector asks public to prepare for strong winds

Vector is monitoring weather advice that strong winds may hit parts of Auckland over the next 24-36 hours, with the potential for gale surges, thunderstorms and localised tornadoes to cause power cuts. As a precaution, additional response crews and storm management teams have been rostered on and are ready to respond quickly if required. 

Consumers lose out yet again in Electricity Authority's Transmission Pricing Reforms

The outcome of the Electricity Authority’s (EA) Transmission Pricing Review (TPM) comes as no surprise to Vector and leaves electricity consumers worse off at a time when many Kiwi households are already feeling the sting of an economic recession.

New Chair-elect announced

The Board of Vector Limited has resolved that Jonathan Mason will be its new Chair when Dame Alison Paterson retires at the 2020 Annual Shareholder Meeting.

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