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Meridian and Partners Forge Strategic Energy Reserve to Shield NZ Power Supply
7:41am on Monday 4th of August, 2025 AEST
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Energy
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Meridian and Partners Forge Strategic Energy Reserve to Shield NZ Power Supply
7:41am on Monday 4th of August, 2025 AEST
Key Points
Meridian, Genesis, Mercury, and Contact collaborate on Huntly strategic energy reserve
Agreement aims to mitigate gas shortage impacts and stabilize electricity prices
Reserve supports dry-year risk management over the next decade
Subject to Commerce Commission approval before January 2026 implementation
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