Vector is looking to drive new innovation in the rapidly expanding electric vehicle sector by not only providing charging solutions but also turning them into power sources.
"We see potential for EVs to become mobile energy sources and a key part in making our network smarter and more resilient," chief networks officer Andre Botha said in an emailed response to questions.
The latest data from the Ministry of Transport shows there are now about 4,900 light EVs on the road up from almost 2,000 a year ago. While the numbers are pushing higher, Botha said the cars aren't putting pressure on the grid as their contribution to demand is small but "we are developing smart solutions" to ensure that doesn't happen. The government is aiming to double the number of electric vehicles in New Zealand every year to reach approximately 64,000 by 2021.
Among other things, Vector is closely monitoring existing public charging stations to get data on usage patterns and wants to "build flexible customer-focused networks that are accommodative to this disruptive technology," he said.
Vector has been expanding its reach outside its dominant regulated electricity and gas distribution which faces smaller returns, branching out into telecommunications, smart meters, battery storage, solar and home ventilation.