Meridian Energy monthly operating report for November 2017

PG 1

Meridian Energy monthly operating report for November 2017
14 December 2017
Attached is Meridian Energy Limited's monthly operating report for the month of November 2017.
Highlights this month include:
 In the month to 12 December 2017, national hydro storage decreased from 104% to 90% of historical
average
 South Island storage sat at 86% of average and North Island storage at 105% of average on 12
December 2017
 Meridian’s November 2017 monthly total inflows were 77% of historical average
 Meridian’s Waitaki catchment storage at the end of November 2017 was 102% of historical average
 Storage in Meridian’s Waiau catchment was below half the long-term average at the end of November
2017
 Waiau catchment inflows were 54% of average in November 2017
 Meridian has made short-term calls on load under the Genesis Swaption during December 2017
 National electricity demand in November 2017 was 3.6% higher than the same month last year
 November 2017 saw hot, dry conditions across much of New Zealand with high irrigation load in the east
of the South Island
 Meridian’s retail sales volumes in November 2017 increased by 18.5% compared to November 2016

ENDS
Neal Barclay
Chief Executive (designate)
Meridian Energy Limited

For investor relations queries, please contact:
Owen Hackston
Investor Relations Manager
021 246 4772
For media queries, please contact:
Polly Atkins
External Communications Specialist
021 174 1715

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