Investor news

Linked here is Meridian Energy Limited's monthly operating report for the month of November 2021.

Highlights this month include:

  • In the month to 9 December 2021, national hydro storage increased from 119% to 128% of historical average
  • South Island storage increased to 128% of average and North Island storage decreased to 125% of average by 9 December 2021
  • Meridian’s November 2021 monthly total inflows were 91% of historical average
  • Meridian’s Waitaki catchment water storage at the end of November 2021 was 134% of historical average
  • Water storage in Meridian’s Waiau catchment was slightly below average at the end of November 2021
  • Waitaki snow storage at the end of November 2021 was 106% of historical average
  • National electricity demand in November 2021 was unchanged from the same month last year
  • November 2021 was the warmest November on record with temperatures well above average for most of the country. Rainfall was mixed
  • New Zealand Aluminium Smelter’s average load during November 2021 was 571MW
  • Meridian’s New Zealand retail sales volumes in November 2021 were 11.5% higher than November 2020
  • Compared to November 2020, segment sales increased in residential +9.4%, small medium business +21.0%, agricultural+14.9% and corporate +10.2%. Large business volumes were -7.5% lower than November 2020

 

ENDS

Neal Barclay
Chief Executive
Meridian Energy Limited

 

For investor relations queries, please contact:
Owen Hackston
Investor Relations Manager
021 246 4772
For media queries, please contact:
Meridian Energy Media Team
0800 948 843 

MediaTeam@meridianenergy.co.nz