Meridian Energy Limited's monthly operating report for the month of November 2019 is attached.

Highlights this month include:

  • In the month to 10 December 2019, national hydro storage increased from 111% to 175% of historical average
  • South Island storage sat at 186% of average and North Island storage at 124% of average on 10 December 2019
  • Meridian’s November 2019 monthly total inflows were 174% of historical average
  • Meridian’s Waitaki catchment storage at the end of November 2019 was 126% of historical average
  • Storage in Meridian’s Waiau catchment was well above average at the end of November 2019
  • National electricity demand in November 2019 was 2.7%* higher than the same month last year
  • November 2019 was New Zealand’s hottest November on record. Rainfall was well above average in the west and south of the South Island and much drier elsewhere
  • New Zealand Aluminium Smelter's load during November 2019 was below the contract level of 622MW
  • Meridian’s New Zealand retail sales volumes in November 2019 were 26.9% higher than November 2018

*estimated 

ENDS 

Neal Barclay
Chief Executive
Meridian Energy Limited

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021 246 4772
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021 370 677