Meridian positions for next generation development

Wed, 20 Feb 2019

By Gavin Evans Feb. 20 (BusinessDesk) - Meridian Energy says it is positioning itself to be able to develop new wind capacity when rising demand and long-term power prices warrant it. Chief executive Neal Barclay says that, after excluding irrigation load, underlying electricity demand increased about 1 percent last year. That is likely to continue short-term and should be sustained longer-term by the country’s decarbonisation efforts, he told journalists and analysts today. Longer-dated electricity futures have climbed about 15 percen...

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