I saw that this morning and thought WTF, who has emptied the lake? Probably have to be a gauge on the blink otherwise we have an unprecedented event on our hands
rain clearly having fallen in the right places in the past month or so - how hard will meridian run in the 2H to make up for lower generation in 1H is the question - Currently sending 800 MW north HVDC
'As at 4 March, New Zealand storage and South Island controlled storage is above average for the time of the year. The risk meter for the New Zealand and the South Island is set to Normal.'
Time is a great teacher, but unfortunately it kills all its pupils
From the latest monthly report it looks as though Meridian are running hard to make up for the 1H generation shortfall. This is seen with the volume of power heading north on the HVDC (during Feb power was heading from north to south on the HVDC).
Good news for Meridian and Southland. Looks like Tiwai Smelter is going to be around for a while yet. NZ Aluminium smelters restarts moth balled potline, signals 32 new jobs. http://www.sharechat.co.nz/article/0...-new-jobs.html
Interesting take on climate change with aluminium produced in New Zealand using mainly renewable energy, displacing production of aluminium using fossil fuel alternatives overseas.
Good news for Meridian and Southland. Looks like Tiwai Smelter is going to be around for a while yet. NZ Aluminium smelters restarts moth balled potline, signals 32 new jobs. http://www.sharechat.co.nz/article/0...-new-jobs.html
Interesting take on climate change with aluminium produced in New Zealand using mainly renewable energy, displacing production of aluminium using fossil fuel alternatives overseas.
Disc. long term holder
Yeah, good news for the whole industry in general.
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