EA releases final decision on actions to correct 2019 UTS

Release






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L e v e l 2 , 5 5 L a d y E l i z a b e t h L a n e , P O B o x 1 0 8 4 0 , W e l l i n g t o n 6 1 4 3

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Electricity Authority releases its final decision on actions
to correct the December 2019 UTS
17 August 2021
The Electricity Authority (EA) has released its final decision on actions to correct the December 2019
Undesirable Trading Situation (UTS). 
This decision relates to the floods of December 2019 when hydro generators were managing record
breaking inflows and spill past hydro power stations was inevitable.
While Meridian has not always agreed with the Electricity Authority’s view on this UTS, we
respect its decision, and the role it holds in monitoring and reforming the market for the long-term
benefit of consumers.
Meridian’s Chief Executive Neal Barclay said the company accepts the Authority’s decision, which
seems broadly consistent with previous findings.
ENDS
Neal Barclay
Chief Executive
Meridian Energy Limited



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