Our plan to support future regional growth
Every year Network Tasman reviews its Asset Management Plan. This plan helps Network Tasman to identify and anticipate key trends in electricity usage on its network and undertake the necessary planning required to keep its consumer-owned network safe, reliable, and fit for purpose.
As part of its annual review, the company considers recent network performance (safety and reliability), an updated demand forecast, and the current status of capital and network renewal projects.
In its 2018 Asset Management Plan, which is now available on Network Tasman’s website here, the company has indicated that it plans to invest $117 million in its network over the next 10 years. In the 2018-2019 year there are three significant items in the offing:
- Increasing the capacity of the substation supplying the Motueka area to support future load growth
- Installing a new 11kV feeder in Annesbrook to allow for new business connections, the expansion of existing businesses and increased security of supply
- Installing a substation at Wakapuaka to meet load growth in the outer northern part of Nelson City.
“Looking forward, one of the largest items in the next 5 years is the development of a new transmission grid exit point in Brightwater.”
“During the next five years we have identified significant increased demand in the industrial sector,” says Network Tasman’s Network Manager, Murray Hendrickson, “driven by cold storage, shellfish processing/extraction, rest homes, hop processing and dairy irrigation.
“Land subdivision for residential growth is also strong and, in the later part of the ten-year planning period, electric vehicle charging is expected to have an impact.”