July 2022 Operating Report

For the month of July 2022

only

» The Customer business recorded:

» Otahuhu futures settlement wholesale price

for the 4th quarter of 2022 (ASX):

• Mass market electricity and gas sales of 483GWh (July

•

As at 9 August 2022: $126/MWh

2021: 485GWh)

•

As at 29 July 2022: $119/MWh

use

• Mass market netback of $110.50/MWh (July 2021:

•

As at 30 June 2022: $165/MWh

$102.57/MWh)

» The Wholesale business recorded:

» As at 12 August 2022, South Island controlled

storage was 143% of mean and North Island

• Contracted Wholesale electricity sales, including that

controlled storage was 129% of mean

sold to the Customer business, totalled 726GWh (July

•

As at 12 August 2022, total Clutha scheme

2021: 862GWh)

storage was 157% of mean

• Electricity and steam net revenue of $118.06/MWh (July

ersonal

•

Inflows into Contact's Clutha catchment

2021: $132.11/MWh)

for July 2022 were 159% of mean. (June

•

Electricity generated (or acquired) of 760GWh (July

2022: 120% May 2022: 112%, April 2022:

2021: 944GWh)

82%)

• The unit generation cost, which includes acquired

»

As at 1 August 2022, Contact's contracted gas

generation was $37.08/MWh (July 2021: $39.40/MWh)

volume (including contracted swaps) for the

• Own generation cost in the month of

next 12 months is 14.8PJ*

$36.50/MWh (July 2021: $36.80)

* As notified by suppliers, actual gas received is dependent on field

delivery

Contact Energy / Monthly Operating Report

2

Total national demand

Regional demand change (%) on July 2021

FY21, 22 and 23 respectively

4,000

(16%)

3,500

(3%)

only3,000

(3%)

Nationwide

(5%)

2,500

(2%)

temperatures for July

(4%)

useGWh

2,000

2022 were 9.1ºC, 0.2ºC

2%

(9%)

1,500

warmer than July

1%

2021: 8.9ºC

1,000

(1%)

500

(0%)

-

3%

ersonal

Jul Aug Sep Oct

Nov Dec Jan Feb Mar Apr

May Jun

(4%)

North Island

South Island (exc. NZAS)

NZAS

6%

4%

» New Zealand electricity demand was down 1.1% on July 2021 (down

3%

0.5% on July 2020)

2%

2%

S urce: Contact and Electricity Authority grid demand (reconciled) http://www.emi.ea.govt.nz

Regional demand is excluding

NZAS

Contact Energy / Monthly Operating Report

5