Contact Energy : March 2022 Operating Report

About this update from Contact Energy Limited

Monthly Operating Report ersonal use only March 2022 Putting our energy where it matters ersonal use only For the month of March 2022 » The Customer business recorded: • Mass market electricity and gas sales of 298GWh (March 2021: 277GWh) • Mass market netback of $107.97/MWh (March 2021: $102.77/MWh) » The Wholesale business recorded: • Contracted Wholesale electricity sales, including that sold to the Customer business, totalled 627GWh (March 2021: 609GWh) • Electricity and steam net revenue of $95.52/MWh (March 2021: $84.87/MWh) • Electricity generated (or acquired) of 691GWh (March 2021: 676GWh) • The unit generation cost, which includes acquired generation was $53.93/MWh (March 2021: $44.51/MWh) • Own generation cost in the month of $48.33/MWh (March 2021: $35.29MWh) » Otahuhu futures settlement wholesale price for the 3 rd quarter of 2022 (ASX): • As at 08 Apr 2022: $232/MWh • As at 31 Mar 2022: $234/MWh • As at 28 Feb 2022: $183/MWh » As at 11 Apr 2022, South Island controlled storage was 75% of mean and North Island controlled storage was 149% of mean • As at 11 Apr 2022, total Clutha scheme storage (including uncontrolled storage) was 56% of mean • Inflows into Contact's Clutha catchment for March 2022 were 51% of mean (February 2022: 156% January 2022: 42% December 2021: 98%) » As at 1 April 2022, Contact's contracted gas volume (including contracted swaps) for the next 12 months is 15.75PJ* Contact Energy / Monthly Operating Report * As notified by suppliers, actual gas received is dependent on field delivery 2 ersonal use only Total national demand FY20, 21 and 22 respectively 4,000 3,500 3,000 2,500 GWh 2,000 1,500 1,000 500 - Jul Aug Sep Oct North Island Nov Dec Jan Feb South Island (exc. NZAS) Mar Apr NZAS » New Zealand electricity demand was down 5.0% on March 2021 (down 3.0% on March 2020): • Cumulative 12 months demand for April 2021 to March 2022 of 41,107 GWh is 0.4% higher than the prior comparative period. Source: Contact and Electricity Authority grid demand (reconciled) http://www.emi.ea.govt.nz Regional demand change (%) on March 2021 Nationwide temperatures for March 2022 were 16.9ºC, 0.6ºC higher than March 2021: 16.3ºC May Jun Contact Energy / Monthly Operating Report Regional demand is excluding NZAS 5 This is an excerpt of the original content. To continue reading it, access the original document here .

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