Meridian Energy Limited (MDDNF) has released an update.
Meridian Energy Limited has reported an increase in national hydro storage to 102% of the historical average and a rise in retail sales volumes by 6.7% compared to last year, with March 2024 being the coldest in 12 years. The company also observed a 10.9% increase in generation with a 34.8% higher average price, and a notable growth in customer numbers by 2.2% from the previous year. These highlights are part of the monthly and quarterly operating reports, reflecting Meridian’s recent performance and its impact on electricity demand and prices.
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