Hydro inflows at record low in parched summer
Forsyth Barr analysts note the fall in hydro storage since the start of the year is double levels seen in the last 28 years.
Manawa Energy was the generator most at risk from continued low rainfall, said analysts.
Inflows to the hydro lakes are the lowest on record for this time of year, driving higher spot electricity prices as thermal generation took up some of the slack.
In a research note published on March 7, Forsyth Barr analysts Andrew Harvey-Green and Hugh Lockwood noted four-week inflows to the South
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