Mercury’s Waikato hydro scheme pumps out most power since 1996

Paul McBeth
Wed, 18 Jul 2018

By Gavin Evans July 18 (BusinessDesk) - Production from the Waikato hydro scheme reached a 22-year high in the June year just ended. The scheme, operated by Mercury NZ, delivered 4,947 gigawatt-hours of electricity during the 12 months, the company said in a statement to the stock exchange today. That is almost 5 percent more than the year before and the highest the June 1996 year when the nine power stations below Lake Taupo delivered 5,373 GWh. Mercury, formerly known as Mighty River Power, was split out of state-owned ECNZ in 1999....

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Mercury’s Waikato hydro scheme pumps out most power since 1996

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