Linked here is Meridian Energy Limited's monthly operating report for the month of July 2024.
Highlights this month include:
- In the month to 12 August 2024, national hydro storage decreased from 65% to 45% of historical average
- South Island storage decreased to 44% of average and North Island storage decreased to 51% of average by 12 August 2024
- Meridian’s July 2024 monthly total inflows were 78% of historical average
- Waiau catchment inflows in July 2024 were 74% of historical average
- July 2024 total inflows were the lowest July month inflows since 2011
- Meridian’s Waitaki catchment water storage at the end of July 2024 was 45% of historical average
- Snow storage in Meridian’s Waitaki catchment was 65% of average in early August
- Water storage in Meridian’s Waiau catchment was 76% of average at the end of July 2024
- National electricity demand in July 2024 was +2.1% higher than the same month last year
- July 2024 was mild and dry for much of the country, with much of the South Island recording extended dry spells
- New Zealand Aluminium Smelter’s average load during July 2024 was 520MW
- Meridian’s retail sales volumes in July 2024 were -2.8% lower than July 2023
- Compared to July 2023, segment sales increased in residential +0.6%, small medium business +3.1%, agriculture +1.7% and large business +3.1%. Corporate sales decreased by -9.2%
Weekly lake storage updates are available on Meridian’s website. See comparative lake levels at: www.meridianenergy.co.nz/power-stations/lake-levels