Tuesday, 19 February 2019


MKTUPDTE: MEL: Meridian Energy monthly operating report for December 2017

19 Jan 2018 16:14NZX
Attached is Meridian Energy Limited''s monthly operating report for the month
of December 2017.
Highlights this month include:
- In the month to 17 January 2018, national hydro storage decreased from 90%
to 79% of historical average
- South Island storage sat at 72% of average and North Island storage at 122%
of average on 17 January
- Meridian''s December 2017 monthly total inflows were 70% of historical
- Meridian''s Waitaki catchment storage at the end of December 2017 was 81% of
historical average
- Storage in Meridian''s Waiau catchment was also well below average at the
end of December 2017
- Waiau catchment inflows were 68% of average in December 2017
- Meridian has made calls on load under the Genesis Swaption during both
December 2017 and January 2018
- National electricity demand in December 2017 was 2.4% higher than the same
month last year
- December 2017 was a very warm and dry month with temperatures well above
average and rainfall well
below average across most of New Zealand
- Meridian''s retail sales volumes in December 2017 increased by 20.5%
compared to December 2016
End CA:00313241 For:MEL    Type:MKTUPDTE   Time:2018-01-19 16:14:27
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