Contact Energy : February 2022 Operating Report

About this update from Contact Energy Limited

Monthly Operating Report ersonal use only February 2022 Putting our energy where it matters For the month of February 2022 only » The Customer business recorded: » Otahuhu futures settlement wholesale price for the 2 nd quarter of 2022 (ASX): • Mass market electricity and gas sales of 262GWh (February • As at 09 Mar 2022: $235/MWh 2021: 246GWh) • As at 28 Feb 2022: $187/MWh use • Mass market netback of $109.14/MWh (February 2021: • As at 31 Jan 2022: $185/MWh $100.20/MWh) » The Wholesale business recorded: » As at 09 Mar 2022, South Island controlled storage was 99% of mean and North Island • Contracted Wholesale electricity sales, including that sold to controlled storage was 138% of mean the Customer business, totalled 557GWh (February 2021: • As at 09 Mar 2022, total Clutha scheme 530GWh) storage (including uncontrolled storage) • Electricity and steam net revenue of $93.65/MWh (February ersonal was 80% of mean 2021: $83.65/MWh) • Inflows into Contact's Clutha catchment • Electricity generated (or acquired) of 597GWh (February 2021: for February 2022 were 156% of mean 586GWh) (January 2022: 42% • The unit generation cost, which includes acquired generation December 2021: 98% was $36.78/MWh (February 2021: $41.90/MWh) November 2021: 86%) • Own generation cost in the month of $32.01/MWh » As at 1 March 2022, Contact's contracted gas (February 2021: $35.25MWh) volume (including contracted swaps) for the next 12 months is 15.35PJ* * As notified by suppliers, actual gas received is dependent on field delivery Contact Energy / Monthly Operating Report 2 only New Zealand controlled hydro storage 12 MONTHS 4500 4000 3500 use GWh 3000 2500 2000 1500 1000 ersonal 500 0 Mar Apr May Jun Jul Aug Sep South Island Actual South Island post-market mean against mean ASX futures settlement Otahuhu $/MWh 200 100 0 CY22 CY23 CY24 CY25 30/06/2021 31/01/2022 28/02/2022 Benmore 200 $/MWh 150 50 100 Oct Nov Dec Jan Feb 0 North Island Actual CY22 CY23 CY24 CY25 30/06/2021 31/01/2022 28/02/2022 National post-market mean Contact Energy / Monthly Operating Report 3 only periods 40% Wholesale electricity pricing Distribution of wholesale market price by trading periods Otahuhu 80% 300 60% use $/MWh tradingof periodstradingof% 250 20% 200 0% <$35 $36-$60 $61-$85 $86-$110 $111-$135 $136-$160 >$160 150 Benmore Feb-22Feb-21Jan-22 100 80% ersonal 60% 50 40% 0 % 20% 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 Feb-22 Feb-21 Jan-22 Contact Energy / Monthly Operating Report 4 only 4% Total national demand Regional demand change (%) on February 2021 FY20, 21 and 22 respectively 10% 4,000 3,500 3% 6% 3,000 2,500 use GWh Nationwide 2,000 temperatures for 1,500 February 2022 were 1,000 17.8ºC, 0.5ºC higher 500 than February 2021: 17.3ºC - 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 2.3% on February 2021 (down 6.8% on February 2020): • Cumulative 12 months demand for March 2021 to February 2022 of 41,276 GWh is up 1.0% 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 (13%) 5% 6% 4% (2%) 1% (5%) (28%) (7%) (6%) (41%) (4%) 2% (2%) Regional demand is excluding NZAS 5 This is an excerpt of the original content. To continue reading it, access the original document here .

View stock analysis, news, and events for Contact Energy Limited