Latest Electricity Demand News

Argo Global Listed Infrastructure Limited (ASX:ALI) delivered a 19.2% share price return and record fully franked dividends in FY2026, while assets passed $500 million after a $25 million Share Purchase Plan. Reported profit fell as portfolio valuations moved, but NTA per share and the investment portfolio both increased.

Contact Energy’s August operating report shows mass-market electricity and gas sales rising to 550GWh, while unit generation costs fell sharply to $40.90/MWh. Strong hydro storage and higher forward prices add support, although contracted wholesale sales remained broadly flat.

Meridian Energy’s generation rose 21.1% year on year in August as strong hydro and wind conditions pushed national storage to 155% of historical average. But average generation prices fell 62.3%, highlighting the tension between abundant supply and weaker market pricing.

Meridian Energy navigated a record July electricity demand with robust renewable generation and high hydro inflows, while retail sales volumes grew and wholesale prices fell sharply.

Sprintex boosted its commercial footprint in the June quarter with a 65% order book increase from Mest Water, a paid trial at Taiwan's TSMC, and Dutch regulatory clearance lifting key uncertainties.

Mercury NZ invests US$30 million for a minority stake in Datagrid NZ, aligning with its strategy to power long-term renewable demand from large-scale digital infrastructure projects.

Contact Energy's June 2026 operating report reveals rising electricity and gas sales alongside a sharp decline in generation costs and robust hydro storage. Renewable projects continue to advance, supporting the company’s clean energy ambitions.

Meridian Energy's June 2026 report reveals record-high hydro inflows and storage, robust generation growth, and rising retail sales, offset by sharply lower wholesale prices and rising costs.

QPM Energy Limited and its subsidiaries have entered voluntary administration with McGrathNicol appointed as administrators and FTI Consulting as receivers over key gas-producing entities. The move aims to stabilise operations and explore restructuring options amid ongoing financial distress.

Meridian Energy's May 2026 report reveals robust hydro storage reaching 125% of historical average by early June, despite a record dry month. Retail sales volumes jumped 7.8% year-on-year, while average generation prices plunged over 60%.

Kingfish Limited's May update reveals a robust 5.5% portfolio return, driven by standout performances from Fisher & Paykel Healthcare and Infratil amid mixed sector headwinds.

Critical Resources (ASX:CRR) has demonstrated a sulphur-free amorphous solid-state electrolyte with ionic conductivity and activation energy rivalling sulphide-based counterparts, potentially unlocking safer, more scalable solid-state battery manufacturing.