Investor news

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

Highlights this month include:

  • In the month to 7 August 2018, national hydro storage increased from 114% to 116% of historical average
  • South Island storage sat at 118% of average and North Island storage at 110% of average on 7 August 2018
  • Meridian’s July 2018 monthly total inflows were 161% of historical average
  • Meridian’s Waitaki catchment storage at the end of July 2018 was 119% of historical average
  • Storage in Meridian’s Waiau catchment was also above average at the end of July 2018
  • National electricity demand in July 2018 was 0.1% lower than the same month last year
  • July 2018 saw warmer than average temperatures across much of New Zealand, with below average
    rainfall except on the South Island’s west coast
  • Meridian’s retail sales volumes in July 2018 increased by 1.7% compared to July 2017

ENDS
Neal Barclay
Chief Executive
Meridian Energy Limited

 

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