Sharechat Logo

Meridian Energy monthly operating report for August 2024

Friday 13th September 2024

Text too small?

Attached is Meridian Energy Limited's monthly operating report for the month of August 2024. Highlights this month include:

 

▪ In the month to 9 September 2024, national hydro storage increased from 45% to 99% of historical average

▪ South Island storage increased to 104% of average and North Island storage increased to 82% of average by 9 September 2024

▪ Meridian’s August 2024 monthly total inflows were 119% of historical average

▪ Waiau catchment inflows in August 2024 were 124% of historical average

▪ Meridian’s Waitaki catchment water storage at the end of August 2024 was 48% of historical average

▪ Snow storage in Meridian’s Waitaki catchment was 86% of average in early September

▪ Water storage in Meridian’s Waiau catchment was 114% of average at the end of August 2024

▪ National electricity demand in August 2024 was -6.3% lower than the same month last year

▪ August 2024 was warm, with average or above average temperatures for most of the country. Rainfall was above normal for western, inland and northern parts of the South Island

▪ New Zealand Aluminium Smelter’s average load during August 2024 was 398MW

▪ Meridian’s retail sales volumes in August 2024 were -3.2% lower than August 2023

▪ Compared to August 2023, segment sales increased in agriculture +4.4% and large business +7.1%, with decreases in residential -4.6%, small medium business -1.2% and corporate -6.9%

 

 



  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:

March 19th Morning Report
IPL - Divestment of Woolworths Mount Roskill
AIA - lands new partnership with global duty-free operator
BRW - Board changes & Withdrawal of meeting request
New Zealand King Salmon - Trading Update
GEN - Financial Assistance for the Purchase of Shares
MPG - Metroglass clarifies media statements by Crescent Capital
VTL - Takeovers Panel orders Empire to reimburse Vital's expenses
March 14th Morning Report
SKT - Sky secures iconic sports rights