Meridian issues demand response exercise notice to NZAS
Release
Meridian Energy Limited (ARBN 151 800 396) A company incorporated in New Zealand
287- 293 Durham Street North, Christchurch 8013
meridianenergy.co.nz
Stock Exchange Listings NZX (MEL) ASX (MEZ)
Meridian issues demand response exercise notice to
NZAS
8 March 2024
Meridian Energy has today issued New Zealand Aluminium Smelters Limited (NZAS) with a demand
response notice under the NZAS Demand Response Agreement 2023-2024.
As a result, contract quantity under the electricity agreement between Meridian and NZAS will reduce
by 10 MWh per half hour from 19 March 2024 to 29 March 2024, unless Meridian advises NZAS
otherwise.
Meridian has issued the notice given transmission outages in Southland and high wholesale electricity
prices at the Tiwai node. The transmission outages are scheduled to end on 22 March 2024 and if
works are completed on schedule there is a high likelihood that Meridian will issue NZAS with a notice
for cessation of the demand response at that earlier date.
A copy of the NZAS Demand Response Agreement 2023-2024 is available on Meridian’s website:
www.meridianenergy.co.nz/about-us/investors/reports/nzas-contract
ENDS
Jason Woolley
General Counsel and Company Secretary
For investor relations queries, please contact:
Owen Hackston
Investor Relations Manager
021 246 4772
For media queries, please contact:
Philip Clark
Head of Communications
027 838 5710
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.
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