Strategic alliance to develop New Energy Platform aims to change how energy is managed, delivered, and consumed

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.

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. 

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.

Firstgas, Powerco and Vector provide the gas distribution networks that connect 96% of New Zealand’s natural gas customers.

The group has worked together to provide network payment deferral programmes to business customers on their networks.