Investor news

Meridian Energy has released its monthly operating report for the month of August 2018.

Highlights this month include:

  • In the month to 10 September 2018, national hydro storage decreased from 116% to 94% of historical
    average
  • South Island storage sat at 86% of average and North Island storage at 124% of average on 10
    September 2018
  • Meridian’s August 2018 monthly total inflows were 82% of historical average
  • Meridian’s Waitaki catchment storage at the end of August 2018 was 113% of historical average
  • Storage in Meridian’s Waiau catchment was below average at the end of August 2018
  • National electricity demand in August 2018 was 1.3% higher than the same month last year
  • August 2018 saw warmer than average temperatures across much of New Zealand, with below average
    rainfall for the South Island
  • Meridian’s retail sales volumes in August 2018 were the same as August 2017

ENDS
Neal Barclay
Chief Executive
Meridian Energy Limited

 

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