Sharechat Logo

Meridian Energy monthly operating report for July 2023

Wednesday 16th August 2023

Text too small?

Attached is Meridian Energy Limited's monthly operating report for the month of July 2023.

Highlights this month include:

 In the month to 11 August 2023, national hydro storage decreased from 121% to 106% of historical average

 South Island storage decreased to 112% of average and North Island storage decreased to 81% of average by 11 August 2023

 Meridian’s July 2023 monthly total inflows were 86% of historical average

 Waiau catchment inflows in July 2023 were 98% of historical average

 Meridian’s Waitaki catchment water storage at the end of July 2023 was 126% of historical average

 Snow storage in Meridian’s Waitaki catchment was 94% of average in early August

 Water storage in Meridian’s Waiau catchment was 107% of average at the end of July 2023

 National electricity demand in July 2023 was 1.0% lower than the same month last year

 July 2023 temperatures were above average for most of the country. Rainfall was above average in eastern and southern parts of the South Island, and below average for the rest of the country

 New Zealand Aluminium Smelter’s average load during July 2023 was 569MW

 Meridian’s retail sales volumes in July 2023 were 0.6% higher than July 2022

 Compared to July 2022, segment sales decreased in residential -3.4%, small medium business -0.5%, large business -1.5% and agriculture -0.4%. Corporate sales increased +4.4%



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

KPG - Changes to the Kiwi Property Board
IKE - Timing of Quarterly Performance Update and Conference Call
January 17th Morning Report
ERD - Appointment of Interim Chief Financial Officer
Meridian Energy monthly operating report for December 2024
PaySauce Quarterly Market Update - Dec 2024
CHI - FY24 Results Date and Audio Conference Details
AIA - December 2024 Monthly traffic update
January 15th Morning Report
PF - Details of Interim Results Webcast