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 3rd 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
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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 -JulAugSepOctNorth IslandNovDecJanFebSouth Island (exc. NZAS)MarAprNZAS
»
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
MayJun
Contact Energy / Monthly Operating Report
Regional demand is excluding NZAS
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