Energy prices reflect high hydro lakes

Jan 21, 2026 | Free, Latest News

Mercury NZ reported that high national hydro inflows resulted in low wholesale electricity spot prices in the December quarter. High national hydrological inflows of 98th percentile was reflected in lower wholesale spot electricity prices averaging $40/MWh in Auckland for the quarter. “ Forward prices in Auckland for FY26 have eased considerably to $135/MWh due to […]

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Energy prices reflect high hydro lakes

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