Meridian Energy Limited's monthly operating report for the month of January 2020 is attached.
Highlights this month include:
- In the month to 13 February 2020, national hydro storage increased from 123% to 126% of historical average
- South Island storage sat at 127% of average and North Island storage at 117% of average on 13 February 2020
- Meridian’s January 2020 monthly total inflows were 71% of historical average
- Meridian’s Waitaki catchment storage at the end of January 2020 was 118% of historical average
- Storage in Meridian’s Waiau catchment was below average at the end of January
- National electricity demand in January 2020 was 0.8% higher than the same month last year
- Meridian made calls under the Genesis Swaption in January and early February 2020
- January 2020 saw low rainfall across much of the country, with cooler temperatures in the first half of the
month contrasting with a warmer second half - New Zealand Aluminium Smelter's load during January 2020 was below the contract level of 622MW
- Meridian’s New Zealand retail sales volumes in January 2020 were 25.1% higher than January 2019
ENDS
Neal Barclay
Chief Executive
Meridian Energy Limited
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