Latest Hydro Storage News

Meridian Energy and New Zealand Aluminium Smelters have agreed to end their current demand response arrangement early, with NZAS ramping up production from mid-June 2025. This move reflects improved hydro storage and bolstered confidence in New Zealand’s winter electricity supply.

Meridian Energy's April 2025 report reveals a notable rise in hydro storage levels and a dip in national electricity demand, alongside a significant increase in generation prices.

Contact Energy's April 2025 report reveals a slight decline in electricity and gas sales but improved netback prices, with mixed progress on key projects and rising generation costs.

Contact Energy's January 2025 report reveals steady mass market electricity sales and improved netback prices, despite a notable decline in total electricity generation and national demand.

Meridian Energy's January 2025 report reveals a sharp drop in national hydro storage and inflows, coinciding with one of the driest Januarys on record and a notable dip in retail sales volumes.

St Barbara has secured A$100 million to fast-track its Simberi Sulphides project, aiming to bring forward production by up to five months, even as Q2 gold output fell short of expectations due to operational challenges.

Contact Energy's December 2024 report reveals a modest dip in mass market electricity sales but highlights improved netback prices and significantly lower generation costs, signaling operational efficiency gains.