Meridian Energy monthly operating report for July 2018
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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
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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Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.