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:

TWG partners with Tata Consultancy Services
Spark announces leadership team changes
September 15h Morning Report
Tower updates FY25 guidance
September 12h Morning Report
Scott Unveils Strategy and Delivers FY25 Trading Update
September 11h Morning Report
Devon Funds Morning Note - 10 September 2025
ArborGen FY26 Guidance and Market Opportunities
BGP - Half Year Results to 27 July 2025