Westland District Council - Economic Development Committee

18 May 2021 Peter Armstrong, CEO, ElectroNet Group Our purpose

Our purpose is to provide sustainable electrical solutions which enhance communities. – a product of 1990s Industry Reform

Source: Chronology of NZ Electricity Reform, 2015 MBIE A Growth Story

4 ElectroNet today - an Integrated Electro-technology Company

5 Our Executive Team Where are we now? Auckland

Taupo

Nelson Reefton Greymouth Hari Hari Christchurch

Cromwell Where we work Wiri Switch Rooms Mangere Switch Rooms Vector Switch Rooms Waihou Switch Rooms Waikino Switch Rooms Hangatiki ODID Ohakune TP Mobile Mobile Sub Sub deployment Carrington Street Switch Rooms Fernhill Switch Rooms Waipipi Wind Farm Junction Road Substation and Line Kapuni Solar Farm Kapuni Wind Farm Mobile Subs Stoke SMS Havelock Substation Stoke T3 / T4 BLN T1 & T2 Protection Upgrade Westport Decommissioning KIK Protection Upgrade Westpower Maintenance West Coast Chorus UFB Rollout KIK SMS MT Horrible Pole Replacement Southern Fibre

Riverbank Substation Build

Aurora Maintenance Works CUWLP PowerNet Mobile Sub Gore Switch Rooms Highlights

330 people and Approx ~$100M ~13,000 consumers growing ~180 on the revenue; total Assets on the West Coast of Coast. ~$200 million. the South Island.

Paid a special Proudly owned by discount to the West Coast consumers in August community. 2020 of $5 million Westpower’s Network

• 13,689 network connections,

• Network Peak Demand 44MW, Annual Network Consumption ~240 GWh

• Westpower owned Amethyst Hydro contributes ~50GWh of this Key Projects Day to day maintenance of our Network Greymouth Base Hospital Transpower’s Clutha Upper Waitaki Lines Project Tilt Renewables Waipipi Wind Farm Chorus, Fibre – Fox to Haast – South Westland

Awards Line up 2021

Our Vision is to be leaders in electrical energy and technology

STAR Awards NZ Energy Excellence Awards SafeGuard (1 June) Winner: Future of Safety Award Finalist: Innovation In Energy Finalist: Use of Innovation

Lucy Bain, ElectroNet Contracting ElectroNet Technology Westpower, ElectroNet Technology Outlook – Opportunity and Challenges The Economic Climate for Electricity Looks Strong

Source: Transpower Whakamana I te mauri hiko

Source: Consultant Report But several Challenges

• Supply of skilled labour – growth in capability versus demand

• Resilience – security of supply

• Network growth – Electrification

• Waitaha Proposed Waitaha Scheme

• ~20MW Run of River Hydro Scheme • No requirement for dam • Local employment, security, community benefits