Meridian Energy Limited's monthly operating report for October 2023 reveals several key points.

National hydro storage decreased from 116% to 100% of the historical average by November 10th, with South Island storage decreasing to 99% of average and North Island storage increasing to 106% of average.

Meridian experienced total inflows of 107% of the historical average in October, with Waiau catchment inflows at 97% of average.

Waitaki catchment water storage at the end of October was 125% of average, and snow storage in the Waitaki catchment was 109% of average in early November.

Water storage in the Waiau catchment was 107% of average by the end of October.

National electricity demand in October 2023 was -1.9% lower than the same month last year.

The month saw large temperature swings, with overall national monthly temperature slightly above average.

Rainfall was above normal in Northland and South Canterbury, but below average in most other parts of the country.

New Zealand Aluminium Smelter's average load during October was 570MW.

Meridian's retail sales volumes in October were -1.7% lower than October 2022.

Segment sales increased in large business

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