Contact Energy : January 2022 Operating Report

Monthly Operating Report

ersonal use only

January 2022

January overview.

For the month of January 2022
only	» The Customer business recorded:	» Otahuhu futures settlement wholesale price for
the 2nd quarter of 2022 (ASX):
• Mass market electricity and gas sales of 276GWh (January	• As at 07 Feb 2022: $186/MWh
2021: 261GWh)	• As at 01 Jan 2022: $185/MWh
use	• Mass market netback of $105.93/MWh (January 2021:
• As at 31 Dec 2021: $160/MWh
$103.59/MWh)
	» The Wholesale business recorded:	» As at 07 Feb 2022, South Island controlled
	storage was 112% of mean and North Island
	• Contracted Wholesale electricity sales, including that sold to
	controlled storage was 123% of mean
	the Customer business, totalled 564GWh (January 2021:	• As at 07 Feb 2022, total Clutha scheme
	574GWh)
	storage (including uncontrolled storage)
	• Electricity and steam net revenue of $83.85/MWh (January
ersonal	was 105% of mean
2021: $83.37/MWh)	• Inflows into Contact's Clutha catchment
• Electricity generated (or acquired) of 649GWh (January 2021:
	for January 2022 were 43% of mean
	645GWh)	(December 2021: 95%
	• The unit generation cost, which includes acquired generation	November 2021: 87%
	was $37.69/MWh (January 2021: $28.78/MWh)	October 2021: 98%)
	• Own generation cost in the month of $32.88/MWh	» As at 1 February 2021, Contact's contracted
	(January 2021: $26.96MWh)	gas volume (including contracted swaps) for the
		next 12 months is 15.64PJ*
		* As notified by suppliers, actual gas received is dependent on field delivery
	Contact Energy / Monthly Operating Report	2

Hydro storage and forward prices.

only						100
New Zealand controlled hydro storage against mean		ASX futures settlement
12 MONTHS			Otahuhu
4500					200
			$/MWh
3500
4000
useGWh						0
3000
2500					CY22	CY23	CY24	CY25
							30/06/2021	31/12/2021		31/01/2022
2000				Benmore
1500
1000					200
ersonal						150
500				$/MWh	50
	0
						100
		Feb Mar Apr May Jun Jul	Aug Sep Oct Nov	Dec Jan		0
		South Island Actual	North Island Actual			CY22	CY23	CY24	CY25
					30/06/2021	31/12/2021	31/01/2022
		South Island post-market mean	National post-market mean
				Contact Energy / Monthly Operating Report				3

only			Wholesale market.
				periods	Distribution of wholesale market price by trading periods
Wholesale electricity pricing
						Otahuhu
						60%
	300					40%
use$/MWh	250				tradingof periodstradingof%	20%
						0%
	200					<$35	$36-$60	$61-$85	$86-$110	$111-$135	$136-$160	>$160
	150							Jan-22	Jan-21	Dec-21
					Benmore
	100					60%
ersonal	50					40%
					20%
	0				%
					0%
	Jul Aug Sept Oct	Nov Dec	Jan Feb Mar	Apr May Jun
		<$35	$36-$60	$61-$85	$86-$110	$111-$135	$136-$160	>$160
	FY21 BEN	FY22 BEN	FY21 OTA	FY22 OTA				Jan-22	Jan-21	Dec-21
				Contact Energy / Monthly Operating Report						4

ersonal use only

Electricity demand.

Information for January not yet available.

Contact Energy / Monthly Operating Report

5