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How Meridian Energy's Hydro Storage Surge Could Reshape New Zealand's Power Market
2:32am on Monday 2nd of June, 2025 AEST
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Energy
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How Meridian Energy's Hydro Storage Surge Could Reshape New Zealand's Power Market
2:32am on Monday 2nd of June, 2025 AEST
Key Points
National hydro storage increased to 88% of historical average by mid-May
North Island hydro storage exceeded average at 105%, South Island at 86%
Electricity demand fell 3.0% year-on-year in April
Generation down 16.8% year-on-year due to lower hydro but offset by higher wind
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