During spring and summer, snow in the Waitaki catchment melts, flowing into rivers and lakes and contributing to hydro inflows and storage. Snow melt is estimated to contribute approximately half of the inflows to the Waitaki catchment over the summer period although this figure varies1.
Meridian collects information on the amount of water stored as snow so we can estimate its impact on inflows.
Meridian makes no representation as to the amount, timing and location of any such inflows through the publication of this information.
Calculating snow water equivalent (SWE) is complex and resulting estimates (and their relationship to lake inflows) have a high degree of uncertainty. Reliance should not be placed on the accuracy or completeness of the estimates provided and you should not use this information for investment or trading purposes. Meridian publishes a monthly operating report on the NZX and ASX outlining the current hydro storage position each month.