Reads pretty well
https://www.nzx.com/announcements/333224
Highlights this month include:
▪ In the month to 5 April 2019, national hydro storage increased from 81% to 105% of historical average
▪ South Island storage sat at 109% of average and North Island storage at 67% of average on 5 April 2019
▪ Meridian’s March 2019 monthly total inflows were 136% of historical average
▪ Meridian’s Waitaki catchment storage at the end of March 2019 was 107% of historical average
▪ Storage in Meridian’s Waiau catchment was above average at the end of March 2019
▪ National electricity demand in March 2019 was 3.6% higher than the same month last year
▪ Meridian made calls on load under the Genesis Swaption in March and early April 2019
▪ March 2019 was New Zealand’s second equal warmest March on record. It was a dry month for many locations, although extremely heavy rainfall occurred in the western South Island on March 25-27. Drier
than normal soils were present across large parts of the country at the end of March
▪ New Zealand Aluminium Smelter's load during March 2019 was below the contract level of 622MW
▪ Meridian’s retail sales volumes in March 2019 were 21.4% higher than March 2018
Would be getting more inflows now also.
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