Wednesday 17th July 2024 |
Text too small? |
Meridian Energy has today issued New Zealand’s Aluminium Smelter (NZAS) with a demand response notice under the NZAS Demand Response Agreement dated 30 May 2024 (DR Agreement).
This demand response notice is further to the ongoing demand response call under the DR Agreement, disclosed on 26 June 2024.
As a result, contract quantity under the Core Agreement between Meridian and NZAS will, depending on the start time nominated by NZAS:
• continue with a reduction of 18.75 MWh per half hour until 22 July 2024;
• reduce further progressively between 23 July 2024 and 1 August 2024 in accordance with the DR Agreement; and
• reduce by 37.5 MWh per half hour from 2 August 2024 until 15 November 2024,
unless Meridian advises NZAS otherwise.
Meridian has issued the notice to help manage South Island hydro storage levels.
A copy of the demand response agreement is available on Meridian’s website.
No comments yet
CHI - Retirement of Director and completion of board refresh
March 20th Morning Report
A return to prosperity depends on capital - General Finance MD
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