Genesis Energy Limited · NZX:GNE
Genesis Energy — Investor Day (November 2025)
8 slides from Genesis Energy's investor day presentation, Nov 26, 2025
Slide 1: Biomass update
Biomass update Dave Binnie & Angela Ogier 26th November 2025 Genesis Energy – Investor day 2025 1.
Slide 2: Why Torrefied Wood Pellets?
Why Torrefied Wood Pellets? Proven Fuel & Energy Security - Commercial Technology Not Just Goals Decarbonisation • Storable fuel that is a ‘drop in’ • Diversifies Huntly's flexible fuel • Genesis offtake agreement stimulates replacement for coal portfolio domestic pellet production • International,
Slide 3: How Biomass links to Gen35
How Biomass links to Gen35 Gen35 Initiative FY28 Goal FY28Progress FY25 GOAL 100 MW/200 MWh BESS operational at Huntly Construction underway with project forecast under budget BESS Flexibility at $135m and commercial operations on target for Q1 FY27 Monetising flexibility Gas Seasonal gas flexibilit
Slide 4: Biomass Addresses our Strategic Fuel Risks
Performance rating Biomass Addresses our Strategic Fuel Risks High Medium Low Coal Biomass Strategic element Description How does biomass perform? (Today) (Tomorrow) Fuel / Energy Sovereignty Ability to have domestic supply chain of fuel Energy density The energy density to meet generation req
Slide 5: Low Capital Intensity
Low Capital Intensity A domestic biomass supply chain is emerging in NZ, and Genesis is helping shape and support every part of the emerging value chain. From Biomass to Energy 1 FORESTRY 2 PROCESSING 3 LOGISTICS 4 COMBUSTION • NZ has 16 mtpa of fibre available • Established world market and • Stron
Slide 6: Price mechanism & Volatility
Price mechanism & Volatility Geopolitical shocks and policy shifts may further accelerate cost parity. Cost of Coal vs Biomass Price Range (2020 – 2025) Biomass: $500 Highest cost of coal > • Intended to be fixed1, long-term pricing $450/MWh $450 • Underpinned by multi-year agreements, shielded from
Slide 7: Next Steps
Next Steps Genesis intends to run a robust process to minimise Bridge the gap the cost of biomass. Seek solution to bridge the cost gap, continue FEED and progress with detailed diligence. Continue discussions regarding biomass-backed premium firming products. Project Finalisation and FID Biomass Su
Slide 8: Thank you
Thank you