Latest Hydro Storage News

Contact Energy's October 2025 report reveals rising electricity and gas sales, improved netbacks, and reduced generation costs, supported by robust hydro storage and advancing renewable projects.

Meridian Energy's October 2025 report reveals exceptional hydro storage levels and a notable rise in electricity demand and retail sales, signaling robust operational performance amid shifting market dynamics.

AGL Energy has agreed to purchase four new gas turbines for $185 million to develop the Kwinana Swift Gas 2 project, securing 176MW of reserve capacity to support Western Australia’s energy transition.

Contact Energy's September 2025 report reveals a modest dip in sales volumes but improved netback prices and significantly lower generation costs, alongside robust hydro storage and advancing renewable projects.

Meridian Energy’s September 2025 report reveals exceptional hydro storage levels and a notable uptick in electricity demand and retail sales, setting a positive tone for the company’s near-term outlook.

Contact Energy's August 2025 report reveals stable retail sales, a notable drop in generation costs, and robust hydro storage, underpinning its renewable expansion plans.

Meridian Energy's August 2025 report reveals a decline in hydro storage levels alongside a notable increase in electricity demand and retail sales, highlighting operational challenges and market dynamics.

Meridian Energy posted a significant net loss for FY25 due to severe droughts and gas shortages but pushed ahead with renewable investments and maintained shareholder dividends.

Contact Energy's July 2025 report reveals stable electricity sales with improved netback prices and significantly reduced generation costs, alongside ongoing investments in renewable projects.

Meridian Energy's July report reveals a notable decline in hydro storage levels alongside a surge in retail electricity sales, highlighting a complex energy landscape in New Zealand.

Meridian Energy, alongside Genesis, Mercury, and Contact, has agreed to establish a strategic energy reserve at Huntly Power Station to bolster New Zealand's electricity security amid ongoing gas shortages.

Contact Energy's June 2025 report reveals stable mass market electricity and gas sales with improved netback prices, alongside rising wholesale revenues and ongoing renewable energy investments.