Meridian boss backs more hydro after 2024 winter price shock
The big power generators now acknowledge that too much faith was put in gas – with its lower…
Meridian Energy to spill water from Benmore Dam as South Island lakes rise
Meridian has been releasing water from Lake Pūkaki – the country’s biggest hydro lake – since December 3.…
New Zealand wholesale power prices rise on low hydro, high gas prices
“The culprits are Lake Tekapo, which is really low, and Lake Pūkaki, which is our biggest storage reservoir,”…