Investor news

Meridian Energy Limited's monthly operating report for the month of November 2018 can be opened here. 

Highlights this month include:

  • In the month to 10 December 2018, national hydro storage increased from 83% to 95% of historical
    average
  • South Island storage sat at 100% of average and North Island storage at 72% of average on 10
    December 2018
  • Meridian’s November 2018 monthly total inflows were 123% of historical average
  • Meridian’s Waitaki catchment storage at the end of November 2018 was 114% of historical average
  • Storage in Meridian’s Waiau catchment was slightly below average at the end of November 2018
  • Meridian made calls on load under the Genesis Swaption in early November 2018
  • National electricity demand in November 2018 was 2.8% lower than the same month last year
  • November 2018 saw very wet and cooler conditions in eastern and inland parts of the South Island, with
    temperatures across the rest of the country above average
  • New Zealand Aluminium Smelter's load lifted during November 2018 as new cells were cut in on potline 4
  • Meridian’s retail sales volumes in November 2018 were 10.8% lower than November 2017

ENDS

Neal Barclay
Chief Executive
Meridian Energy Limited

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Owen Hackston Polly Atkins
Investor Relations Manager              External Communications Specialist
021 246 4772           021 174 1715