Meridian and NZAS agree to shorten current demand response

Release






Meridian Energy Limited (ARBN 151 800 396) A company incorporated in New Zealand
Level 2, 98 Customhouse Quay, Wellington 6011

meridianenergy.co.nz
Stock Exchange Listings NZX (MEL) ASX (MEZ)
Meridian and NZAS agree to shorten current demand
response

3 June 2025


Meridian Energy and New Zealand Aluminium Smelters Limited (NZAS) have agreed that NZAS will
ramp up production from 16 June 2025 to bring the current demand response to an end early,
targeting a completion date of 11 August 2025 rather than 25 November 2025. NZAS will notify
Meridian if the target completion date changes.
The demand response option in place is Option 4. This is normally 185MW but currently modified to
50MW.
“New Zealand’s hydro storage is looking much healthier than it was just a few weeks ago, so we are
now confident regarding security of supply this winter. As a result, we want NZAS to get back to
business” says CEO designate Mike Roan.
“This is another example of how willing NZAS is to support New Zealand’s electricity system while
making some of the purest, renewable aluminium on the planet and we are hugely appreciative of
that.”
Meridian will next have the ability to call for demand response Option 3 (100MW) or Option 4
(185MW) under the demand response agreement between the parties to take effect from 12 April
2026. Meridian will next be able to call demand response Option 1 (25MW) no sooner than 60 days
after this ramp up finishes, and Option 2 (50MW) no sooner than 90 days after this ramp up finishes.
A copy of the original demand response agreement and the new ramp-up agreement is available on
Meridian’s website at NZAS contract | Meridian Energy

ENDS

Authorised for release by:

Jason Woolley
General Counsel and Company Secretary
Meridian Energy Limited


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