Meridian issues new demand response exercise notice to NZAS
Release
M e r i d i a n E n e r g y L i m i t e d ( A R B N 1 5 1 8 0 0 3 9 6 ) A c o m p a n y i n c o r p o r a t e d i n N e w Z e a l a n d
287-2 9 3 D u r h a m S t r e e t N o r t h , C h r i s t c h u r c h 8 0 1 3
m e r i d i a n e n e r g y . c o . n z
Stock Exchange Listings NZX (MEL) ASX (MEZ)
Meridian issues new demand response exercise notice to
NZAS
21 July 2024
Meridian Energy has issued New Zealand’s Aluminium Smelter (NZAS) with a new, larger demand
response notice under the NZAS Demand Response Agreement dated 30 May 2024 (DR Agreement),
revoking and replacing the earlier demand response notice issued on 16 July 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 30 July 2024;
•
reduce further progressively between 30 July 2024 and 18 August 2024 in accordance with
the Demand Response Agreement; and
•
reduce by 69.375 MWh per half hour from 19 August 2024 until 24 September 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
434589-422848.pdf (nzx.com)
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…”