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Meridian Energy monthly operating report for July 2018

Operational Update10 August 2018MELUtilities

PG 1

Meridian Energy monthly operating report for July 2018

10 August 2018


Attached is Meridian Energy Limited's monthly operating report for the month of July 2018.

Highlights this month include:

▪ In the month to 7 August 2018, national hydro storage increased from 114% to 116% of historical average

▪ South Island storage sat at 118% of average and North Island storage at 110% of average on 7 August

2018

▪ Meridian’s July 2018 monthly total inflows were 161% of historical average

▪ Meridian’s Waitaki catchment storage at the end of July 2018 was 119% of historical average

▪ Storage in Meridian’s Waiau catchment was also above average at the end of July 2018

▪ National electricity demand in July 2018 was 0.1% lower than the same month last year

▪ July 2018 saw warmer than average temperatures across much of New Zealand, with below average

rainfall except on the South Island’s west coast

▪ Meridian’s retail sales volumes in July 2018 increased by 1.7% compared to July 2017



ENDS

Neal Barclay

Chief Executive

Meridian Energy Limited



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021 246 4772

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