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Why Meridian Energy’s Record Hydro Inflows Could Reshape New Zealand’s Power Market

7:40am on Wednesday 21st of January, 2026 AEDT Energy
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Why Meridian Energy’s Record Hydro Inflows Could Reshape New Zealand’s Power Market

7:40am on Wednesday 21st of January, 2026 AEDT
Key Points
  • Hydro inflows at 144% of historical average for financial year to date
  • Generation volumes up 13% compared to last year
  • Retail sales volumes increased by 12%, with customer connections growing 19.5%
  • Wholesale electricity prices halved year-on-year due to abundant hydro storage
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