Meridian Energy Limited's monthly operating report for July 2023 has revealed that national hydro storage decreased from 121% to 106% of historical average, while South Island storage decreased to 112% and North Island storage decreased to 81%.

Additionally, national electricity demand in July 2023 was 1.0% lower than the same month last year, while temperatures were above average for most of the country and rainfall was above average in eastern and southern parts of the South Island.

New Zealand Aluminium Smelter's average load during July 2023 was 569MW, while Meridian's retail sales volumes in July 2023 were 0.6% higher than July 2022.

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