Monthly Operating Report
ersonal use only
December 2021
Putting our energy where it matters
For the month of December 2021 | |||
only | » The Customer business recorded: | » Otahuhu futures settlement wholesale price for | |
the 2nd quarter of 2022 (ASX): | |||
• Mass market electricity and gas sales of 288GWh (December | • As at 11 Jan 2022: $180/MWh | ||
2020: 286GWh) | • As at 31 Dec 2021: $160/MWh | ||
use | • Mass market netback of $106.73/MWh (December 2020: | ||
• As at 30 Nov 2021: $168/MWh | |||
$98.67/MWh) | |||
» The Wholesale business recorded: | » As at 11 Jan 2022, South Island controlled | ||
storage was 115% of mean and North Island | |||
• Contracted Wholesale electricity sales, including that sold to | |||
controlled storage was 131% of mean | |||
the Customer business, totalled 644GWh (December 2020: | • As at 11 Jan 2022, total Clutha scheme | ||
582 GWh) | |||
storage (including uncontrolled storage) | |||
• Electricity and steam net revenue of $83.30/MWh (December | |||
ersonal | was 87% of mean | ||
2020: $70.29/MWh) | • Inflows into Contact's Clutha catchment | ||
• Electricity generated (or acquired) of 684 GWh (December | |||
for December 2021 were 94% of mean | |||
2020: 617 GWh) | (November 2021: 87% | ||
• The unit generation cost, which includes acquired generation | October 2021: 98% | ||
was $20.03/MWh (December 2020: $33.29/MWh) | September 2021: 154%) | ||
• Own generation cost in the month of $18.24/MWh | » As at 1 December 2021, Contact's contracted | ||
(December 2020 : $29.43MWh) | gas volume (including contracted swaps) for the | ||
next 12 months is 15.24PJ* | |||
* As notified by suppliers, actual gas received is dependent on field delivery | |||
Contact Energy / Monthly Operating Report | 2 |
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 | 30/11/2021 | 31/12/2021 | ||||||
2000 | Benmore | |||||||
1500 | 150 | |||||||
1000 | ||||||||
ersonal | $/MWh | 100 | ||||||
0 | ||||||||
500 | 50 | |||||||
Jan Feb Mar Apr May Jun | Jul Aug Sep Oct Nov Dec | 0 | ||||||
CY22 | CY23 | CY24 | CY25 | |||||
South Island Actual | North Island Actual | 30/06/2021 | 30/11/2021 31/12/2021 | |||||
South Island post-market mean | National post-market mean | |||||||
Contact Energy / Monthly Operating Report | 3 |
only | ||
Wholesale electricity pricing | ||
300 | ||
use$/MWh | 250 | |
200 | ||
150 | ||
100 | ||
ersonal | 50 | |
0 | ||
Jul Aug Sept Oct | Nov Dec | |
FY21 BEN | FY22 BEN |
Distribution of wholesale market price by trading periods | ||||||||||||||||||||||
Otahuhu | ||||||||||||||||||||||
tradingof | periods | 80% | ||||||||||||||||||||
20% | ||||||||||||||||||||||
60% | ||||||||||||||||||||||
% | 40% | |||||||||||||||||||||
0% | ||||||||||||||||||||||
<$35 | $36-$60 | $61-$85 | $86-$110$111-$135$136-$160 | >$160 | ||||||||||||||||||
Benmore | Dec-21 | Dec-20 | Nov-21 | |||||||||||||||||||
tradingof | periods | 80% | ||||||||||||||||||||
60% | ||||||||||||||||||||||
40% | ||||||||||||||||||||||
Jan Feb Mar | Apr May Jun | % | 20% | |||||||||||||||||||
0% | ||||||||||||||||||||||
<$35 | $36-$60 | $61-$85 | $86-$110 | $111-$135$136-$160 | >$160 | |||||||||||||||||
FY21 OTA | FY22 OTA | Dec-21 | Dec-20 | Nov-21 | ||||||||||||||||||
Contact Energy / Monthly Operating Report | 4 |
only3,000 | 4% |
Total national demand | Regional demand change (%) on December 2020 |
FY20, 21 and 22 respectively
(0%)
4,000
3,500 | 5% | |
1% | ||
2,500 | ||||||||
useGWh | Nationwide | |||||||
2,000 | temperatures for | |||||||
1,500 | December 2021 were | |||||||
1,000 | 17.4ºC, 1.6ºC higher | |||||||
500 | than December 2020: | |||||||
15.8ºC | ||||||||
- | ||||||||
Jul Aug Sep Oct | Nov Dec Jan Feb | Mar Apr May Jun | ||||||
ersonal | ||||||||
North Island | South Island (exc. NZAS) | NZAS | ||||||
» New Zealand electricity demand was down 2.1% on December 2020 (down 2.9% on December 2019):
• Cumulative 12 months demand for January 2021 to December 2021 of 41,289 GWh is up 0.3% to the prior comparative period.
S urce: Contact and Electricity Authority grid demand (reconciled) http://www.emi.ea.govt.nz
Contact Energy / Monthly Operating Report
(9%)
7%
5%
8%
1%
(1%)
2%
(13%)
(2%)
(3%)
(32%)
(8%)
(1%)
(2%)
Regional demand is excluding NZAS
5
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