Electricity Asset Management Plan 2019-2029
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Vector Limited://
to be covered by a product stewardship scheme that ensures there is maximum recovery of materials at end of life and safe disposal of any residual materials.
Environmental impacts The environmental effects of installing, operating, maintaining and upgrading Vector’s network are regulated by a range of legislation and statutory controls - particularly the Resource Management Act 1991, as given effect to by the Auckland Unitary Plan.
Vector follows the processes and procedures, and complies with the relevant regulations and standards, set by this framework. In many instances, this framework provides for Vector’s assets and network activities as ‘permitted activities’ 7 .
Where possible, Vector designs, installs, maintains or upgrades the network in a way that ensures this permitted activity threshold applies. Where this is not possible, Vector obtains the requisite resource consents for its assets and related activities, which ensures the environmental effects of these are appropriately avoided, remedied or mitigated. Carbon reduction To achieve our commitment of net zero emissions by 2030, we are in the process of developing a carbon reduction strategy that includes setting annual reduction targets; reviewing opportunities relating to transmission losses, business travel, electricity consumption, waste minimisation; and possible investment in New Zealand based carbon offsets.
Through the work on sustainable procurement and the circular economy, the scope of emissions being managed is continually expanded to incorporate more supply chain elements.
In support of this, we are considering the feasibility of applying principles such as the carbon emissions reduction hierarchy specified in the UK Publicly Available Standard for Carbon Management in Infrastructure Verification (PAS 2080). This approach ensures that carbon is considered in the earliest stages of asset management. The greatest opportunities to reduce carbon are during the needs analysis for an asset and these reductions reduce further along the asset management process. 4.1.11 OUR SAFETY IN DESIGN STRATEGY Safety in Design is a practice that integrates risk-management techniques into the design process early, so as to identify, assess and treat health and safety risks to people over the life of the asset being built. The transmission and distribution of high and low voltage electricity involves managing significant electrical hazards, and the Health and Safety at Work Act (HSWA) 2015 now places greater accountability on designers to achieve safe outcomes for the works they design. Safety in Design means that the integration of control measures early in the design process eliminates, or, if this is not reasonably practicable, minimises the risks to health and safety throughout the life of the structure being designed. Safety in design applies to any plant, substance or structure that is constructed, whether fixed or movable. Vector has a Standard for Safety in Design in place. Under the HSWA Act Vector, its designers and all stakeholders have a duty to manage the risks associated with an asset’s design throughout the its built life. This requires all parties to consult, co-operate and co-ordinate so as to eliminate or otherwise minimise risks in the design to prevent harm throughout the life of the asset being designed as far as reasonably practicable.
As part of our strategy, it is a key (obligatory) HSEMS (health, safety and environment management system) requirement that Vector staff complete a formal training module that covers the principles of Safety in Design.
4.1.12 OUR CUSTOMER INSIGHTS AND SUPPORTING DATA AND ANALYTICS STRATEGY Creating a data driven and enabled organisation is fundamental to the vision of creating a New Energy Future. With a broader lens it is also critical to achieving operational excellence and cost efficiencies over the longer term. Our data and analytics strategy can be represented by three overlapping concepts.
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7 A permitted activity can be carried out without the need for a resource consent so long as it complies with any requirements, conditions and permissions specified in the Resource Management Act, in any regulations, and in any applicable plans or proposed plans
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