Project Aqua
Encyclopedia
Project Aqua is an abandoned hydroelectric scheme once proposed for the lower Waitaki River
Waitaki River
The Waitaki River is a large river in the South Island of New Zealand, some 110 km long. It is the major river of the Mackenzie Basin.It is a braided river which flows through Lake Benmore, Lake Aviemore and Lake Waitaki. These are ultimately fed by three large glacial lakes, Pukaki, Tekapo,...

 in New Zealand
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...

. Although the scheme had considerable support from some locals, it met with considerable opposition from others, and Meridian Energy
Meridian Energy
Meridian Energy Limited is a New Zealand state-owned electricity generator and retailer. The company generates the largest proportion of New Zealand's electricity, generating 32 percent of the country's electricity in the year ending 31 December 2009, and is the fourth-equal largest retailer, with...

 decided in March 2004 not to go ahead with the project.

The plan was to divert river water at the rate of up to 280 cubic metres per second into a separate canal for six power stations. This was on top of the three dams already in the upper Waitaki. The scheme would have produced approximately 520MW of power — enough to supply a city the size of Christchurch
Christchurch
Christchurch is the largest city in the South Island of New Zealand, and the country's second-largest urban area after Auckland. It lies one third of the way down the South Island's east coast, just north of Banks Peninsula which itself, since 2006, lies within the formal limits of...

.

The objections to the scheme included land issues, the disruption during construction, and concerns about the sustainability of the river. Meridian was working on a large scale mitigation process, whereby issues could be identified and mitigated, when the scheme was finally canceled.

On 29 March 2004, Meridian announced that they would not continue with Project Aqua. Among their reasons were the uncertainty in gaining access to the water, that Aqua could not come on line soon enough to meet New Zealand's growing electricity demand, the amount of money it was costing the company, design changes due to geology reports, and the Resource Management Act
Resource Management Act
The Resource Management Act passed in 1991 in New Zealand is a significant, and at times, controversial Act of Parliament. The RMA promotes the sustainable management of natural and physical resources such as land, air and water...

 making it difficult to get consent for large water based projects.

Meridian's 2004 annual report states that they lost NZ$
New Zealand dollar
The New Zealand dollar is the currency of New Zealand. It also circulates in the Cook Islands , Niue, Tokelau, and the Pitcairn Islands. It is divided into 100 cents....

38.7 million on the project. At the time of cancellation they had spent considerably more than this, but much of the expenditure was for assets such as land that they would later sell.

Subsequently, Meridian has proceeded to develop the North Bank tunnel
North Bank tunnel
The North Bank tunnel concept is a hydroelectric scheme being developed by Meridian Energy on the Waitaki River in Canterbury, New Zealand. The $993 million project is expected to produce an additional 1100 to 1400 GWh pa, and take up to 260 m³/s of water from Lake Waitaki...

 project, a hydroelectric scheme along the same stretch of the Waitaki River
Waitaki River
The Waitaki River is a large river in the South Island of New Zealand, some 110 km long. It is the major river of the Mackenzie Basin.It is a braided river which flows through Lake Benmore, Lake Aviemore and Lake Waitaki. These are ultimately fed by three large glacial lakes, Pukaki, Tekapo,...

 for which they received water uses consents from Environment Canterbury in December 2008.

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