Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Vector Network News

Vector Network News

RAIL SAFETY WEEK
This week is Rail Safety Week (11th – 17th August). It’s an initiative to raise awareness about rail safety and encourage safe behaviour around trains and tracks.

Auckland’s new electric trains is supplied by two connections to Transpower's 220 kV national grid, one at Southdown Power Station and the other at Transpower's Penrose substation. Both connections are duplicated and one connection can supply the entire network if the other one fails, creating a high level of redundancy.

The level crossing bells and barriers are supplied from a secure signalling supply from Vector, with back up UPS systems (batteries and generators).

NETWORK SUMMARY for week ending 10 August 2014

ELECTRICITY
Power was isolated for safety to four house/building fires during the week, in Otahuhu, Henderson, Te Arai and Mangere.

Lines downs were reported in Takapuna, Mt Roskill and in Papakura.

Two car v pole incidents occurred in Otara* and on Waiheke and a car hit a pillar in Hillcrest.

We received reports of a transformer door being left open in Howick during the week. Our contractors attended and secured the door.

GAS
Emergency services advised us that contractors had struck a gas pipe in Pakuranga during the week. The gas supply was unaffected, and the necessary repairs were completed.

PROJECTS
An undergrounding project in Golf Road, Epsom, is tracking well. Underground ducts and cables have been installed, and the project is at the stage where crews are progressively transferring customers’ electricity supply to the underground cables. Special tree protection measures are in place to protect the Dutch Elms that line the street, and a fulltime arborist is on site to supervise during civil works. Vector is using a new kind of matting for the temporary pedestrian walkways at this site, keeping mud at bay and the site neat and tidy.

SHORTS
• Vector owns over 17,900 kilometres of overhead and underground lines in the greater Auckland area, and 12,752 of gas pipe lines, almost half of which supply gas to Auckland.
• Vector, proud sponsor of the Arena.

Vector owns and manages a unique portfolio which consists of electricity distribution, gas transmission and distribution, electricity and gas metering installations and data management services, natural gas and LPG and fibre optic networks.

Vector is listed on the New Zealand Stock Exchange with ticker symbol VCT. Our majority shareholder, with voting rights of 75.4%, is the Auckland Energy Consumer Trust (AECT).

Vector.co.nz

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Must Sell 20 Petrol Stations: Z Cleared To Buy Caltex Assets

Z Energy is allowed to buy the Caltex and Challenge! petrol station chains but must sell 19 of its retail sites and one truck-stop, the Commerce Commission has ruled in a split decision that acknowledges possible retail price coordination between fuel retailers occurs in some regions. More>>

ALSO:

Huntly: Genesis Extends Life Of Coal-Fuelled Power Station To 2022

Genesis Energy will keep its two coal and gas-fired units at Huntly Power Station operating until 2022, having previously said they'd be closed by 2018, after wringing a high price from other electricity generators who wanted to keep them as back-up. More>>

ALSO:

Dammed If You Do: Ruataniwha Irrigation Scheme Hits Farmer Uptake Targets

Enough Hawke's Bay farmers have signed up for water from the proposed Ruataniwha Water Storage Scheme for it to go ahead as long as a cornerstone institutional capital investor can be found to back it, its regional council promoter announced. More>>

ALSO:

Reserve Bank: OCR Stays At 2.25%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.25 percent, in a decision traders had said could go either way, while predicting inflation will pick up as the slump in oil prices washes out of the data and capacity pressures start to build in the economy. More>>

ALSO:

Export Values Down: NZ Posts Biggest Annual Trade Deficit In 7 Years

New Zealand has recorded its biggest annual trade deficit since April 2009, reflecting weaker prices of agricultural commodities such as dairy products, beef and lamb, and increased imports of vehicles and machinery. More>>

ALSO:

Currency Events: NZ's New $5 Note Wins International Banknote Award

New Zealand’s new Brighter Money $5 note has been named Banknote of the Year in a prestigious international competition. The $5 note was awarded the IBNS Banknote of the Year title at the International Bank Note Society’s annual meeting. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news