Sharechat Logo

Meridian issues demand response exercise notice to NZAS

Wednesday 17th July 2024

Text too small?

Meridian Energy has today issued New Zealand’s Aluminium Smelter (NZAS) with a demand response notice under the NZAS Demand Response Agreement dated 30 May 2024 (DR Agreement).

 

This demand response notice is further to the ongoing demand response call under the DR Agreement, disclosed on 26 June 2024.

 

As a result, contract quantity under the Core Agreement between Meridian and NZAS will, depending on the start time nominated by NZAS:

 

• continue with a reduction of 18.75 MWh per half hour until 22 July 2024;

• reduce further progressively between 23 July 2024 and 1 August 2024 in accordance with the DR Agreement; and

• reduce by 37.5 MWh per half hour from 2 August 2024 until 15 November 2024,

 

unless Meridian advises NZAS otherwise.

 

Meridian has issued the notice to help manage South Island hydro storage levels.

 

A copy of the demand response agreement is available on Meridian’s website.

 

 



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

December 31st Morning Report
December 30th Morning Report
December 27th Morning Report
FBU - Fletcher Building Announces Director Appointment
December 23rd Morning Report
MWE - Suspension of Trading and Delisting
EBOS welcomes finalisation of First PWA
CVT - AMENDED: Bank covenant waiver and trading update
Gentrack Annual Report 2024
December 20th Morning Report