Meridian Energy has released its monthly operating report for the month of November 2017

Highlights this month include:

  • In the month to 12 December 2017, national hydro storage decreased from 104% to 90% of historical average
  • South Island storage sat at 86% of average and North Island storage at 105% of average on 12 December 2017
  • Meridian's November 2017 monthly total inflows were 77% of historical average
  • Meridian's Waitaki catchment storage at the end of November 2017 was 102% of historical average
  • Storage in Meridian's Waiau catchment was below half the long-term average at the end of November 2017
  • Waiau catchment inflows were 54% of average in November 2017
  • Meridian has made short-term calls on load under the Genesis Swaption during December 2017
  • National electricity demand in November 2017 was 3.6% higher than the same month last year
  • November 2017 saw hot, dry conditions across much of New Zealand with high irrigation load in the east of the South Island
  • Meridian's retail sales volumes in November 2017 increased by 18.5% compared to November 2016

ENDS
Neal Barclay
Chief Executive (designate)
Meridian Energy Limited

For investor relations queries, please contact: For media queries, please contact:

Owen Hackston
Investor Relations Manager
021 246 4772

Polly Atkins
External Communications Specialist
021 174 1715

Meridian Energy Limited published this content on 14 December 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 December 2017 19:56:07 UTC.

Original documenthttps://www.meridianenergy.co.nz/news-and-events/meridian-energy-monthly-operating-report-2

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