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Meridian Energy Boosts Hydro Storage to 125% Amid Dry May and Retail Surge
6:30am on Monday 15th of June, 2026 AEST
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Energy
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Meridian Energy Boosts Hydro Storage to 125% Amid Dry May and Retail Surge
6:30am on Monday 15th of June, 2026 AEST
Key Points
National hydro storage climbs to 125% of historical average
May inflows 82% of average; FY26 inflows highest since 1998
Retail sales volumes up 7.8% versus May 2025
Hydro generation up 12% year-on-year; average prices down 61.7%
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