Mercury lowers hydro generation forecast
But the power company has confirmed its earnings guidance for 2019.
Graham Skellern
Wed, 23 Jan 2019
Power company Mercury has lowered its hydro generation forecast as inflows, particularly in the upper North Island, fell during the final three months of last year.
Mercury’s generation in the quarter ending December 31, 2018 was 1002 gigawatt hours (GWh), a 170GWh decrease from record levels
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Graham Skellern
Wed, 23 Jan 2019
Contact the Writer: graham@nbr.co.nz
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Mercury lowers hydro generation forecast
Business,
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