Meridian Energy monthly operating report for March 2017

Meridian Energy has released its monthly operating report for the month ended 28 February 2017 (PDF 2.0MB).

Highlights this month include:

  • In the month to 10 April 2017, national hydro storage decreased from 106% to 95% of historical average
  • South Island storage sat at 81% of average and North Island storage at 230% of average on 10 April 2017
  • Meridian’s March 2017 monthly inflows were 44% of historical average, making this month the driest March on record
  • Meridian’s Waitaki catchment storage at the end of March 2017 was 99% of historical average
  • Storage in Lake Te Anau is now near the bottom of its operating range
  • National electricity demand in March 2017 was 0.5% lower than the same month last year
  • Rainfall was above average across much of New Zealand, except the south and west of the South Island
  • Irrigation load in the east of the South Island was lower than March 2016
  • Meridian’s retail sales volumes in March 2017 decreased by 1.3% compared to March 2016

 

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Owen Hackston
Investor Relations Manager
021 246 4772

Polly Atkins
External Communications Specialist
021 530 768