Vector chair Stiassny calls for regulatory change to incentivise electricity innovation

Thu, 05 Mar 2015

By Fiona Rotherham March 5 (BusinessDesk) - Michael Stiassny, chairman of Auckland lines company Vector, says current regulation doesn’t incentivise the electricity sector to foster new technology into the market. In a speech to the Downstream energy sector conference in Auckland today, Stiassny said utility companies like Vector are “now in the grip of an innovation avalanche”. They’re dealing with the rise of distributed generation, customer-owned distributed energy resources (DERs) such as solar PV, demand response and energy storage,...

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