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Meridian Energy monthly operating report for March 2019

Operational Update10 April 2019MELUtilities

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Meridian Energy monthly operating report for March 2019

11 April 2019


Attached is Meridian Energy Limited's monthly operating report for the month of March 2019.

Highlights this month include:

▪ In the month to 5 April 2019, national hydro storage increased from 81% to 105% of historical average

▪ South Island storage sat at 109% of average and North Island storage at 67% of average on 5 April 2019

▪ Meridian’s March 2019 monthly total inflows were 136% of historical average

▪ Meridian’s Waitaki catchment storage at the end of March 2019 was 107% of historical average

▪ Storage in Meridian’s Waiau catchment was above average at the end of March 2019

▪ National electricity demand in March 2019 was 3.6% higher than the same month last year

▪ Meridian made calls on load under the Genesis Swaption in March and early April 2019

▪ March 2019 was New Zealand’s second equal warmest March on record. It was a dry month for many

locations, although extremely heavy rainfall occurred in the western South Island on March 25-27. Drier

than normal soils were present across large parts of the country at the end of March

▪ New Zealand Aluminium Smelter's load during March 2019 was below the contract level of 622MW

▪ Meridian’s retail sales volumes in March 2019 were 21.4% higher than March 2018


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

Meridian Energy Limited Monthly Operating Report for March 2019
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Source: Electricity Authority

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Source: ASX

Source: ASX

Source: NZX

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Source: Meridian

Meridian Energy Limited Monthly Operating Report for March 2019

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Source: Meridian

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Source: Meridian






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Source: Meridian

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Meridian Energy Limited Monthly Operating Report for March 2019

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Source: Meridian

Source: Meridian

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Meridian Energy Limited Monthly Operating Report for March 2019

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.

Other issuers discussed similar conditions around this time

Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.

  • CEN — Contact Energy Limited: March 2019 Operating Report
    2019-04-17

    Monthly Operating Report March 2019 For the month of March 2019 »The Customer business recorded: •Mass market electricity and gas sales of 287 GWh (March 2018: 315 GWh) •Mass market electricity and gas netback of $88.06/MWh (March 2018: $92.14/MWh) »The Wholesale business reco…”

  • CEN — Contact Energy Limited: May 2019 Operating Report
    2019-06-16

    Monthly Operating Report May 2019 For the month of May 2019 »The Customer business recorded: •Mass market electricity and gas sales of 395 GWh (May 2018: 400 GWh) •Mass market electricity and gas netback of $88.21/MWh(May 2018: $94.03/MWh) »The Wholesale business recorded: •Con…”

  • CEN — Contact Energy Limited: April 2019 Operating Report
    2019-05-16

    Monthly Operating Report April 2019 For the month of April 2019 »The Customer business recorded: •Mass market electricity and gas sales of 337 GWh (April 2018: 342 GWh) •Mass market electricity and gas netback of $86.47/MWh(April 2018: $98.05/MWh) »The Wholesale business record…”