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
16 July 2024
Meridian Energy has today issued New Zealand’s Aluminium Smelter (NZAS) with a demand response
notice under the NZAS Demand Response Agreement dated 30 May 2024 (DR Agreement).
This demand response notice is further to the ongoing demand response call under the DR
Agreement, disclosed on 26 June 2024.
1
As a result, contract quantity under the Core Agreement between Meridian and NZAS will,
depending on the start time nominated by NZAS:
•
continue with a reduction of 18.75 MWh per half hour until 22 July 2024;
•
reduce further progressively between 23 July 2024 and 1 August 2024 in accordance with the
DR Agreement; and
•
reduce by 37.5 MWh per half hour from 2 August 2024 until 15 November 2024,
unless Meridian advises NZAS otherwise.
Meridian has issued the notice to help manage South Island hydro storage levels.
A copy of the demand response agreement is available on Meridian’s website at NZAS contract |
Meridian Energy
ENDS
Neal Barclay
Chief Executive
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
1
https://www.nzx.com/announcements/433421
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.
- SPN — South Port New Zealand Limited: South Port NZ Ltd - 2024 Annual Report2024-09-12
“Upon signing, Mercury NZ Executive GM Portfolio, Phil Gibson, said it represents a significant stepping stone for further renewables development� “This agreement gives us confidence to move fast on our commitment to bringing more renewable energy options to New Zealand�” Me…”
- CEN — Contact Energy Limited: NZAS long term agreement unconditional2024-07-02
“Contact Energy Limited Level 2 Harbour City Tower, 29 Brandon Street, Wellington 6011 | PO Box 10742, Wellington 6143 P: +64 4 499 4001 | W: contactenergy.co.nz 3 July 2024 NZAS long-term agreement unconditional Contact’s long-term agreement with the New Zealand Alu…”
- CEN — Contact Energy Limited: NZAS to stay for the long term2024-05-30
“Contact Energy Limited Level 2 Harbour City Tower, 29 Brandon Street, Wellington 6011 | PO Box 10742, Wellington 6143 P: +64 4 499 4001 | W: contactenergy.co.nz 31 May 2024 NZAS to stay for the long term Contact has reached a long term agreement with the New Zealand…”