Contact Energy Limited · NZX:CEN
Contact Energy — Macquarie Conference 2022
13 slides from Contact Energy's conference presentation, May 5, 2022
Slide 1: Macquarie Conference Presentation
5 May 2022 For personal use only Macquarie Conference Presentation Please find attached the presentation to be given at the Macquarie Conference today. Investor enquiries Matthew Forbes +64 21 072 8578
Slide 2: Macquarie Conference May 2022
For personal use only Macquarie Conference May 2022 1 1
Slide 3: Disclaimer and important information
Disclaimer and important information For personal use only This presentation may contain projections or forward-looking statements regarding a variety of items. Such forward-looking statements are based upon current expectations and involve risks and uncertainties. Actual results may differ material
Slide 4: How we add value
How we add value We generate For personal use only We trade We innovate We sell and serve Hydro CLYDE 563k total customer connections ROXBURGH Connections Mar-22 Geothermal by energy type (k) Jun-21 TE MIHI 428 Jun-20 417 416 WAIRĀKEI TAUHARA (UNDER CONSTRUCTION) OHAAKI 65 65 68 67 26 51 POIHIPI Ele
Slide 5: Where we are
Simply Energy 2021 generation by station and type Auckland 8.4TWh Where we are Te Mihi Ohaaki For personal use only Te Rapa Total generated Tauhara UNDER Poihipi CONSTRUCTION Stratford Whirinaki Tauhara 1,400 Levin (168MW) Under construction Western Wairākei Te Huka Energy 3,698 (GWh) Wellington Sim
Slide 6: Sector leading performance efficiency
Sector leading performance efficiency Strong operational performance from quality asset base supports our strategic growth ambitions For personal use only Profitable operations Strong cash conversion Operating free cash flows per MWh, $/MWh Operating free cash flows as a proportion of EBITDAF, %, FY
Slide 7: Decarbonisation imperatives and technology improvements will accelerate electricity demand growth
Decarbonisation imperatives and technology improvements will accelerate electricity demand growth For personal use only The Climate Change Commission expects electricity demand to grow to meet climate targets Key drivers of decarbonisation Electricity demand, TWh1 45 Increased focus on climate chang
Slide 8: Our strategy to lead NZ's decarbonisation
Our strategy to lead NZ’s decarbonisation For personal use only Strategic Grow Grow renewable Decarbonise Create outstanding theme demand development our portfolio customer experiences Objective Attract new industrial demand with Build renewable generation and Lead an orderly transition Create NZ's
Slide 9: Sources of demand
Sources of demand Demand growth outlook markedly improving For personal use only New data centre build Energy intensive industries Aluminium price A Tiwai smelter (NZAS) extension beyond 2024 appears likely: Several credible data centre owners have publicly announced they are planning to invest in N
Slide 10: Sources of demand
Sources of demand Demand growth outlook markedly improving For personal use only Process heat conversion Baseload thermal substitution Since 2020, there has been $56m in confirmed GIDI funding for process heat conversion Baseload thermal generation fuel costs are expected to continue to remain above
Slide 11: Investing to deliver renewable energy
Investing to deliver renewable energy Tauhara development key metrics For personal use only Estimated forward capital Low carbon resource Estimated MW Estimated plant capacity expenditure (cash)¹ 0.05T of C02e/MWh (net export to grid) factor/ ~$460m (Gas CCGT ~9x more, Gas Peaker ~11x 168MW annual g
Slide 12: Market leading development pipeline
Market leading development pipeline To meet expected market demand For personal use only Geothermal generation potential (TWh p.a.) Roaring40s adds wind Lightsource bp partnership adds development capability solar development capability 0.2 Wairakei field Current capacity 2.8 3.3 0.3 Tauhara field A
Slide 13: Questions
For personal use only Questions 12 12