Meridian Energy receives draft approval to access more Lake Pūkaki water for power generation
By
Newstalk ZB, Jamie Gray
Toasted just enough. A reliable bake, gently seasoned.
Summary
Meridian Energy has received a draft decision from a fast-track panel that may allow it to take more water from Lake Pūkaki for power generation over a three-year period. The company sought approval to access water stored between 518m and 513m above sea level before the point where Transpower estimates a 4% risk of electricity shortage. CEO Mike Roan emphasized that during high-pressure periods like winter 2024, every extra metre of water access makes a significant difference for electricity generation.
Key quotes
· 2 pulledWhen the pressure is on the system, like it was in winter 2024, every extra metre makes a big difference.
Access to contingent storage will...
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