Meridian Energy monthly operating report for May 2018

PG 1

Meridian Energy monthly operating report for May 2018
14 June 2018
Attached is Meridian Energy Limited's monthly operating report for the month of May 2018.
Highlights this month include:
 In the month to 13 June 2018, national hydro storage decreased from 121% to 120% of historical average
 South Island storage sat at 117% of average and North Island storage at 138% of average on 13 June
2018
 Meridian’s May 2018 monthly total inflows were 105% of historical average
 Meridian’s Waitaki catchment storage at the end of May 2018 was 129% of historical average
 Storage in Meridian’s Waiau catchment was well above average at the end of May 2018
 National electricity demand in May 2018 was 0.4% lower than the same month last year and included a
major planned maintenance shutdown at the Marsden Point oil refinery
 May 2018 was a contrast of relatively warm, dry weather in the first half of the month, followed by colder,
unsettled conditions
 Meridian’s retail sales volumes in May 2018 increased by 0.9% compared to May 2017

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:
Polly Atkins
External Communications Specialist
021 174 1715

•
•
•
•
•
•

•
•
•

•
•
•
•
•

•
•
•
•
•

•
•
•
•
•

•
•
•
•