Tuesday 19th November 2024 |
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Attached is Meridian Energy Limited's monthly operating report for the month of October 2024.
Highlights this month include:
In the month to 11 November 2024, national hydro storage increased from 115% to 139% of historical average
South Island storage increased to 145% of average and North Island storage increased to 116% of average by 11 November 2024
Meridian’s October 2024 monthly total inflows were 128% of historical average
Waiau catchment inflows in October 2024 were 122% of historical average
Meridian’s Waitaki catchment water storage at the end of October 2024 was 129% of historical average
Snow storage in Meridian’s Waitaki catchment was 109% of average in late October
Water storage in Meridian’s Waiau catchment was 130% of average at the end of October 2024
October 2024 was a mild month overall, with temperatures above normal or near normal for both islands. Rainfall was above normal for much of the South Island
National electricity demand in October 2024 was -4.4% lower than the same month last year
New Zealand Aluminium Smelter’s average load during October 2024 was 417MW
Meridian’s retail sales volumes in October 2024 were -0.6% lower than October 2023
Compared to October 2023, segment sales increased in large business +20.5%, with decreases in residential -0.5%, small medium business -0.4%, agricultural -3.5% and corporate -3.0%
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