Meridian Energy has released its monthly operating report for the month of June 2017 (PDF 2.0MB).

Highlights this month include:

  • In the month to 11 July 2017, national hydro storage decreased from 74% to 64% of historical average
  • South Island storage sat at 56% of average and North Island storage at 105% of average on 11 July 2017
  • Meridian's June 2017 monthly total inflows were 61% of historical average
  • Meridian's Waitaki catchment storage at the end of June 2017 was 55% of historical average
  • Combined catchment inflows in the five months between February 2017 and the end of June 2017 were the lowest same period inflows on record
  • In June 2017, Meridian began accessing cover under the swaption contract with Genesis
  • National electricity demand in June 2017 was 2.3% higher than the same month last year
  • June 2017 temperatures were near average for most of the country, while rainfall was below average in most areas south of Auckland
  • Meridian's retail sales volumes in June 2017 increased by 7.6% compared to June 2016
For investor relations queries, please contact: For media queries, please contact:

Owen Hackston
Investor Relations Manager
021 246 4772

Philippa Norman
External Communications Specialist
021 707 854

Meridian Energy Limited published this content on 12 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 July 2017 20:39:10 UTC.

Original documenthttps://www.meridianenergy.co.nz/news-and-events/meridian

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