Vector Annual Report 2017

OUR STRATEGY Technology

01.

FINDING THE BEST TECHNOLOGY FOR NEW ZEALANDERS

By sourcing new technologies from global innovators, Vector has successfully introduced new energy choices to New Zealanders. We continue to look for new technologies to add to our portfolio that deliver the best combinations of technological performance, innovation, sustainability and commercial viability.

Accessing Silicon Valley technology

Partnering with global leaders

We have been working with Tesla since that company’s early development of stationary energy batteries. We have deployed its leading-edge battery technology at numerous sites across our network, from 395 Powerwalls in a range of residential, community and school settings to the 1 MW/2.3MWh Powerpack at the Glen Innes substation.

Tesla is one of a number of technology relationships that Vector has in place. We are also working with mPrest to streamline our systems, and with world-class technology company LG Chem to supply the battery technology for Territory Generation’s 5MW battery project in Alice Springs. This deal is a beach head for Vector into the rapidly expanding utility and commercial battery market in Australia. Together, these partnerships give us access to a global

We have also deployed a commercial solution using Tesla technology for Dominion Salt.

portfolio of products capable of catering to multiple vertical sectors.

Brian Ryan MBA (Hons), BTech GROUP GENERAL MANAGER DEVELOPMENT

Introducing new energy technologies to New Zealand is about getting four things right: technology; innovation; sustainability; and of course commerciality.

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