But despite Porte's best laid plans, he finished 4min 6sec behind Alberto Contador (Tinkoff-Saxo) who regained the race lead.
The surprise winner of the stage was Porte's Sky team-mate, Vasil Kiryienka, who set an early time of 1hr, 17min and 52sec. He endured a lengthy and nervous wait on the hot seat in Valdobbiadene before his 12-second stage win was confirmed ahead of Luis Leon Sanchez (Astana) with Contador in third.
Porte completed the 59.4km course 4min 20sec behind Kiryienka. While change in wind direction added a further challenge for the last riders to start the stage, Australian time trial champion, Porte, was unable to shake the effects of a bad week on the bike.
24 hours after crashing on Stage 13, Richie Porte was unable to take back time on his rivals in the wet and difficult conditions. He finished the stage in 55th position and now sits in 17th overall, 8min 52sec back on the maglia rosa.
The time lost on this critical stage confirms that Porte is out of contention for a podium. The focus for Team Sky will now shift to further victories individual stages.
"I was lucky," said Kiryienka after winning the time trial. "Even though it seemed like one of those days where it was raining and it wasn't going to go well."
"Of course we're not very lucky this Giro with Richie," he said.
"When we looked at the [race] profile some days seemed easier but we've actually had harder days on those 'easy days'.
"But we've achieved some good results. It seems that it is difficult for the overall now, but in the next few days of course we'll be there and we're going to try and fight for wins."
@richie_porte: This is motivation today. Ready to rip in #aussiebattler