WELLINGTON, New Zealand--Electricity network company Vector Ltd. said it's working with Amazon Web Services, a unit of Amazon.com Inc. to develop an online system in New Zealand and Australia for analyzing energy consumption data from its 1.6 million meters.

The company said the system will help it meet a new electricity market efficiency requirement in Australia for meter data to be processed every five minutes from 2021.

A vast amount of data will be gathered by the platform, Vector said, which in future could be used to speed the uptake of renewable energy and electric vehicles. 



  Write to Stephen Wright at stephen.wright@wsj.com 


  Corrections & Amplifications


  This article was corrected on July 28, 2020 because the original incorrectly said Vector was working with Amazon.com Inc. in the headline and the article. Vector Ltd. is working with Amazon Web Services, a unit of Amazon.com Inc., to develop an online system in New Zealand and Australia for analyzing energy consumption data. 


  Corrections & Amplifications


  This article was corrected at 0130 GMT to reflect the correct website of amazon.com. Also a revision of the headline to reflect the correct company name of Amazon Web Services. The original version of this article incorrectly said Amazom.com in the first sentence and Amazon Web Service in the headline.