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Why Is Meridian Energy’s Hydro Storage Dropping While Demand Surges?
7:38am on Thursday 11th of September, 2025 AEST
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Energy
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Why Is Meridian Energy’s Hydro Storage Dropping While Demand Surges?
7:38am on Thursday 11th of September, 2025 AEST
Key Points
National hydro storage fell from 87% to 79% of historical average
Electricity demand rose 5.9% year-over-year in August
Retail sales volumes increased 12.8%, led by a 35.3% jump in residential segment
Hydro generation up 22.1%, wind generation declined
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