Meridian Energy monthly operating report for July 2020

Attached is Meridian Energy Limited's monthly operating report for the month of July 2020.

Highlights this month include:

- In the month to 13 August 2020, national hydro storage decreased from 75% to 70% of historical average 

- South Island storage sat at 73% of average and North Island storage at 57% of average on 13 August 2020 

- Meridian’s July 2020 monthly total inflows were 108% of historical average 

- Meridian’s Waitaki catchment storage at the end of July 2020 was 64% of historical average 

- Storage in Meridian’s Waiau catchment was below average at the end of July 2020 

- National electricity demand in July 2020 was 2.5% higher than the same month last year 

- Temperatures in July 2020 were around average or above across the country. Rainfall was above average in Northland and Otago/Southland, while it was comparatively dry elsewhere 

- Meridian made calls under the Genesis swaption during July 2020 

- New Zealand Aluminium Smelter’s average load during July 2020 was 561MW 

- Meridian’s New Zealand retail sales volumes in July 2020 were 14.2% higher than July 2019 

- Compared to July 2019, Meridian saw increased sales in all segments: residential (+12.7%), small medium business (+16.9%) agricultural (+11.2%), large business (+20.8%) and corporate (+13.4%). 

See link for complete update.

Meridian Energy monthly operating report for July 2020 

Source: Meridian Energy

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.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

SKC - Asset Monetisation Programme Update - The Grand Hotel
VCT - Full year results date & investor webcast details
ANZ - Air New Zealand 2026 Annual Results Webcast Details
SKC - Asset Monetisation Programme Update
July 17th Morning Report
MEL - Meridian Energy monthly operating report for June 2026
Devon Funds Morning Note - 15 July 2026
BIT - Transaction in Own Shares
Summerset Welcomes Alison Barrass to Board
LIC - Full Year Results 2025-26