FY22 Q4 Performance Report
1
Prior comparable period (pcp) refers to FY21 Q4, unless otherwise stated
MARKET RELEASE
Date: 20 JULY 2022
NZX: GNE / ASX: GNE
FY22 Q4 Performance Report
Genesis continued to engage with its customers and support them in making more sustainable choices.
It was pleasing to see increasing customer satisfaction and loyalty through the quarter, as well as
growing our customer numbers by 3,400. With the launch of our new Genesis brand campaign and the
continued success of Frank Energy we are expecting this momentum to continue.
Tracey Hickman, Chief Customer Officer
Retail
• Net customers churn of 12.2%. 2.1% decrease on pcp.
1
• Gas netback of $16.9/GJ. 52% increase on pcp.
• Total customers of 471,000. 0.7% increase on Q3 FY22.
Wholesale
• Renewable generation of 755 GWh. 32% increase on pcp.
• Generation emissions a 49% decrease on pcp.
• Stored thermal energy of 19.3 PJ.
Kupe
• Gas production of 2.8 PJ. 12% increase on pcp.
• LPG production of 11.9 kt. 7.2% increase on pcp.
• Oil production of 70 kbbl. 5.4% decrease on pcp.
ENDS
For investor relations enquiries, please contact:
Tim McSweeney
GM Investor Relations & Market Risk
M: 027 200 5548
For media enquiries, please contact:
Chris Mirams
GM Communications & Media
M: 027 246 1221
About Genesis Energy
Genesis Energy (NZX: GNE, ASX: GNE) is a diversified New Zealand energy company. Genesis sells electricity,
reticulated natural gas and LPG through its retail brands of Genesis and Frank Energy and is one of New Zealand’s
largest energy retailers with approximately 475,000 customers. The Company generates electricity from a
diverse portfolio of thermal and renewable generation assets located in different parts of the country. Genesis
also has a 46% interest in the Kupe Joint Venture, which owns the Kupe Oil and Gas Field offshore of Taranaki,
New Zealand. Genesis had revenue of $NZ3.2 billion during the 12 months ended 30 June 2021. More
information can be found at www.genesisenergy.co.nz
---
FY22 Q4
Performance Report
20July 2022
Performance Highlights
Retail
12.2%
Net Customer Churn
WholesaleKupe
Gas Production
2.1 ppt decrease on pcp
1
$16.9/GJ
Gas Netback
52% increase on pcp
471,000
Total Customers
Up 0.7% on Q3 FY22
755 GWh
Renewable Generation
32% increase on pcp
49% down
Generation Emissions
Relative to pcp
Stored Thermal Energy
877 kt on Huntly stockpile
70 kbbl.
5.4% decrease on pcp
1
Pcp refers to Q4 FY21 unless otherwis e stated
Genesis Energy Limited FY22 Q4 Performance Report 2.
2.8 PJ
12% increase on pcp
LPG Production
11.9 kt
7.2% increase on pcp
Oil Production
19.3 PJ
105
106
107
108
109
110
111
112
113
Jun-21
Jul-21
Aug-21
Sep-21
Oct-21
Nov-21
Dec-21
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Thousands
Genesis Energy Limited FY22 Q4 Performance Report 3.
Customer loyalty and satisfaction continued to strengthen with interaction NPS
remaining at record highs. Net customer churn continued to decline to the lowest
level in two years.
Customer numbers increased in the quarter, up 3,400. This was driven by lower
churn, increased acquisitions and the launch of Frank Energy.
Electricity netback declined on pcp, due to a one-off release in Q4 FY21. Gas
netback continued to grow strongly as higher wholesale gas and carbon prices
were passed on.
LPG volumes were down across residential and business driven by warmer
weather conditions. Higher transport fuel and staffing costs contributed to a
decline in netback on pcp.
In a competitive market, Genesis continued to focus C&I sales on high value
customers and deeper energy management engagement with existing customers,
achieving better margin on lower volume. Gas netbacks grew strongly.
FRANK ENERGY ICP COUNT
0.0%
5.0%
10.0%
15.0%
20.0%
120,000
122,000
124,000
126,000
128,000
130,000
Jul-21Aug-21Sep-21Oct-21Nov-21Dec-21Jan-22Feb-22Mar-22Apr-22May-22Jun-22
RESIDENTIAL DUAL FUEL CUSTOMER NUMBERS & CHURN (3-MONTH ROLLING AVERAGE %)
Group > 1 ProductGenesis Dual Fuel Churn (RHS)
Frank Energy Dual Fuel Churn (RHS)
Launch of
Frank
Energy
Retail Segment
Genesis Energy Limited FY22 Q4 Performance Report 4.
Wholesale Segment
Strong rainfall across the North Island enabled Genesis to increase hydro
generation in the quarter while building storage. After logistical delays, the Tua i
generator replacement is expected to be completed by the end of July.
Genesis continued to build storage at the Huntly stockpile, with further deliveries
through the quarter at prices below the current market.
Wholesale gas sales declined, following the roll off of long term sales contracts
that were not renewed.
Kupe Segment
Kupe production was up on pcp, following completion of inlet compression
project. Field production continued to decline through the quarter.
HYDROLOGY (GWh)
Q4 FY22Q4 FY21
Hydro
Generation
753568
Hydro
Inflows
647574
Closing
Storage
330
(108% of ave.)
253
(83% of ave.)
Wholesale and Kupe Segments
Genesis Energy Limited FY22 Q4 Performance Report 5.
Retail Operating Metrics
RETAIL SEGMENTQ4 FY22Q4 FY21% ChangeVar.Q3 FY22% ChangeVar.FY22
RETAIL
Brand Net Promoter Score - Genesis Energy271942.1% 829(6.9%)-2
Interaction Net Promoter Score - Genesis Energy554717.0% 8533.8% 2
Gross Customer Churn (3 month rolling average, %)19.7% 23.2% (15.1%)(3.5)ppt 20.2% (2.5%)(0.5)ppt
Net Customer Churn (3 month rolling average, %)12.2% 14.3% (14.7%)(2.1)ppt 12.8% (4.7%)(0.6)ppt
Cost to Serve ($ per ICP)$129 $124 4.0%$5 $125 3.2%$4
Electricity Netback ($/MWh)$129.18 $138.87 (7.0%)($9.69)$117.70 9.8%$11.48 $124.18
Gas Netback ($/GJ)$16.85 $11.10 51.8%$5.75 $17.48 (3.6%)($0.63)$14.70
LPG Netback ($/t)$977.12 $1,090.63 (10.4%)($113.51)$962.01 1.6%$15.11 $1,030.00
CUSTOMER NUMBERS
Customers > 1 Fuel133,550 128,214 4.2%5,336 130,838 2.1%2,712
Electricity Only Customers288,711 296,018 (2.5%)(7,307)287,939 0.3%772
Gas Only Customers14,003 16,086 (12.9%)(2,083)14,465 (3.2%)(462)
LPG Only Customers34,748 34,007 2.2%741 34,344 1.2%404
Total Customers471,012 474,325 (0.7%)(3,313)467,586 0.7%3,426
Electricity ICPs Active-Occupied480,946 484,082 (0.6%)(3,136)477,496 0.7%3,450
Gas ICPs Active-Occupied105,958 106,314 (0.3%)(356)104,921 1.0%1,037
LPG Customer Connections85,770 80,322 6.8%5,448 83,834 2.3%1,936
Total ICPs672,674 670,718 0.3%1,956 666,251 1.0%6,423
VOLUMES AND PRICE
Volume Weighted Average Electricity Selling Price - Resi ($/MWh)$270.15 $265.23 1.9%$4.92 $281.68 (4.1%)($11.53)$271.19
Volume Weighted Average Electricity Selling Price - SME ($/MWh)$242.54 $231.31 4.9%$11.23 $238.79 1.6%$3.75 $236.13
Volume Weighted Average Electricity Selling Price - C&I ($/MWh)$157.70 $155.45 1.4%$2.25 $131.31 20.1%$26.39 $141.85
Residential Electricity Sales (GWh)757 764 (0.9%)(7)554 36.6%203 2,877
SME Electricity Sales (GWh)238 252 (5.6%)(14)244 (2.5%)(6)1,000
C&I Electricity Sales (GWh)431 532 (19.0%)(101)462 (6.7%)(31)1,930
Total Electricity Sales - Customer (GWh)1,426 1,548 (7.9%)(122)1,259 13.3%167 5,806
Volume Weighted Average Gas Selling Price - Resi ($/GJ)$41.37 $35.50 16.5%$5.87 $57.22 (27.7%)($15.85)$38.44
Volume Weighted Average Gas Selling Price - SME ($/GJ)$26.74 $17.37 53.9%$9.37 $27.29 (2.0%)($0.55)$22.74
Volume Weighted Average Gas Selling Price - C&I ($/GJ)$20.31 $13.02 56.0%$7.29 $19.67 3.3%$0.64 $17.01
Residential Gas Sales (PJ)0.6 0.6 0.0%-0.3 100.0%0.3 2.5
SME Gas Sales (PJ)0.4 0.4 0.0%-0.2 100.0%0.2 1.4
C&I Gas Sales (PJ)0.9 1.0 (10.0%)(0.1)0.7 28.6%0.2 3.4
Total Gas Sales (PJ)1.9 2.0 (5.0%)(0.1)1.3 46.2%0.6 7.4
Volume Weighted Average LPG Selling Price - Resi ($/tonne)$2,605 $2,323 12.1%$282 $2,776 (6.2%)($171)$2,526
Volume Weighted Average LPG Selling Price - SME/Bulk ($/tonne)$1,528 $1,500 1.9%$28 $1,549 (1.4%)($21)$1,529
Bottled LPG Sales (tonnes)4,904 4,959 (1.1%)(55)3,228 51.9%1,676 18,558
SME & Other Bulk LPG sales (tonnes)6,742 7,396 (8.8%)(654)5,502 22.5%1,240 25,783
Total LPG Sales Volumes (tonnes)11,646 12,355 (5.7%)(709)8,730 33.4%2,916 44,341
Genesis Energy Limited FY22 Q4 Performance Report 6.
Wholesale Operating Metrics
WHOLESALE SEGMENTQ4 FY22Q4 FY21% ChangeVar.Q3 FY22% ChangeVar.FY22
GENERATION
Gas (GWh)710 547 29.8% 163 706 0.6% 4 2,756
Coal (GWh)357 1,175 (69.6%)(818)283 26.1% 74 980
Total Thermal (GWh)1,067 1,721 (38.0%)(654)989 7.9% 78 3,736
Hydro (GWh)753 569 32.3% 184 561 34.2% 192 2,733
Wind (GWh)3 4 (25.0%)(1)2 50.0% 1 11
Total Renewable (GWh)755 573 31.8% 182 563 34.1% 192 2,743
Total Generation (GWh)1,823 2,294 (20.5%)(471)1,552 17.5% 271 6,481
Average Price Received for Generation - GWAP ($/MWh) $197.11 $278.39 (29.2%)($81.28)$179.73 9.7% $17.38 $160.79
Generation Emissions (ktCO2)704 1,368 (48.5%)(664)611 15.2% 93 2,221
Generation Carbon Intensity (tCO2/GWh)360 596 (39.6%)(236)394 (8.6%)(34)342
Forced Outage Factor (FOF)1.1% 2.8% (60.7%)(1.7%)3.3% (66.7%)(2.2%)
Equipment Availability Factor (EAF)81.6% 88.9% (8.2%)(7.3%)78.2% 4.3% 3.4%
Rankine Output (GWh)383 1,222 (68.7%)(839)331 15.7% 52 1,119
Rankine Fuelled by Coal (%)93% 96% (3.1%)(3%)86% 8.1% 7.0% 74%
POWER PURCHASE AGREEMENTS
Wind (GWh)107 116 (7.8%)(9)96 11.5%11 412
Average Price Received for PPA - GWAP ($/MWh)$158.80 $229.95 (30.9%) ($71.15) $140.75 12.8% $18.05 $122.00
WHOLESALE
Electricity Purchases - Customer (GWh)1,504 1,630 (7.7%)(126)1,325 13.5%179 6,118
Average Customer Electricity Purchase Price - LWAP ($/MWh) $197.22 $282.05 (30.1%)($84.83)$178.41 10.5%$18.81 $151.22
LWAP/GWAP Ratio (%)100%101%(1.0%)(1)ppt 99%1.0%1ppt 98%
Gas Purchases (PJ)7.8 8.9 (12.4%)(1.1)7.9 (1.3%)(0.1)36.4
Coal Purchases (PJ)5.5 11.0 (50.0%)(5.5)3.0 83.3% 2.5 26.6
Electricity Financial Contract Purchases - Wholesale (GWh)533 522 2.1% 11 434 22.8% 99 2,159
Electricity Financial Contract Purchase Price- Wholesale ($/MWh)$115.79 -N/A N/A$116.27 (0.4%)($0.48)$114.90
Electricity Financial Contract Sales - Wholesale (GWh)957 1,210 (20.9%)(253)681 40.5% 276 3,115
Electricity Financial Contract Sale Price - Wholesale ($/MWh)$136.05 -N/A N/A $118.70 14.6% $17.35 $130.00
Swaption Sales - Wholesale (GWh)164 519 (68.4%)(355)88 86.4% 76 303
Wholesale Gas Sales (PJ)0.3 2.3 (87.0%)(2.0)1.0 (70.0%)(0.7)7.4
Wholesale Coal Sales (PJ)--------
Wholesale LPG Sales (tonnes)4,213 3,514 19.9% 699 4,541 (7.2%)(328)17,094
Gas Used In Internal Generation (PJ)5.4 4.4 22.7% 1.05.5 (1.8%)(0.1)21.4
Weighted Average Gas Burn Cost ($/GJ)$9.5 $10.8 (12.0%)($1.3)$9.4 1.1% $0.1 $10.3
Coal Used In Internal Generation (PJ) 3.9 13.1 (69.9%)(9.2)3.4 15.9% 0.5 11.3
Weighted Average Coal Burn Cost ($/GJ)$8.0 $6.4 25.0% $1.6 $7.5 6.7% $0.5 $7.6
Weighted Average Fuel Cost - Portfolio ($/MWh)$53.41 $101.57 (47.4%)($48.16)$60.82 (12.2%)($7.41)$55.14
Weighted Average Fuel Cost - Thermal ($/MWh)$91.20 $135.37 (32.6%)($44.17)$95.40 (4.4%)($4.20)$95.63
Coal Stockpile - closing balance (kt)877 189 364.0% 688 817 7.3% 60
Coal Stockpile - Stored Energy (PJ)19.3 4.2 359.5% 15.1 18.0 7.2% 1
1. Updated to correct reporting error in Q3 FY22
1
1
Genesis Energy Limited FY22 Q4 Performance Report 7.
Kupe and Other Operating Metrics
KUPE SEGMENTQ4 FY22Q4 FY21% ChangeVar.Q3 FY22% ChangeVar.FY22
KUPE
Gas Production (PJ)2.8 2.5 12.0%0.3 2.9 (3.4%)(0.1)11.1
Gas Sales (PJ)2.8 2.5 12.0%0.3 2.9 (3.4%)(0.1)11.1
Oil Production (kbbl)70 74 (5.4%)(4)75 (6.7%)(5)297
Oil Production Yield (bbl/TJ)24.9 29.5 (15.6%)(4.6)26.0 (4.2%)(1.1)26.9
Oil Sales (kbbl)65 68 (4.4%)(3)80 (18.8%)(15)292
Realised Oil Price (NZD/bbl)$72.45 $88.29 (17.9%)($15.84) $83.58 (13.3%)($11.13)$85.93
Average Brent Crude Oil (USD/bbl)$113.78 $68.83 65.3%$44.95 $101.41 12.2%$12.37 $91.56
LPG Production (kt)11.9 11.1 7.2%0.8 11.9 0.0%-47.2
LPG Production Yield (t/TJ)4.2 4.4 (4.5%)(0.2)4.2 0.0%-4.2
LPG Sales (kt)11.9 10.7 11.2%1.2 11.7 1.7%0.2 47.4
OTHERQ4 FY22Q4 FY21% ChangeVar.Q3 FY22% ChangeVar.FY22
CORPORATE
Headcount (FTE)1,204 1,149 4.8%55 1,187 1.4%17
Total Recordable Injuries16 15 7.0%110 60.0%6 39
FORWARD RISK MANAGEMENT
Oil Price Hedges (USD/bbl)% HedgedAverage Oil Price
1-12 months79%$72.40
13-24 months44%$79.80
25-36 months23%$87.30
USD/NZD HedgesRate
1-12 months80%0.655
13-24 months62%0.653
25-36 months26%0.632
1. Updated to correct reporting error in Q3 FY22
1
Genesis Energy Limited FY22 Q4 Performance Report 8.
Appendix: Retail Segment
-
100
200
300
400
500
600
700
800
$0
$50
$100
$150
Q4
FY19
Q1
FY20
Q2Q3Q4Q1
FY21
Q2Q3Q4Q1
FY22
Q2Q3Q4
ICP Counts (Thousands)
Cost to Serve ($/ICP)
ICP NUMBER & COST TO SERVE ($/ICP)
Electricty ICPs Active OccupiedGas ICPs Active Occupied
LPG Customer ConnectionsCost to Serve ($ per ICP)
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
-
100
200
300
400
500
600
700
800
900
1,000
Q4
FY19
Q1
FY20
Q2Q3Q4Q1
FY21
Q2Q3Q4Q1
FY22
Q2Q3Q4
ELECTRICITY SALES VOLUMES (GWh)
Quarterly Resi Sales VolumesQuarterly SME Sales Volumes
Quarterly C&I Sales VolumesRolling 12-month Sales Volume (RHS)
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
0.0
0.2
0.4
0.6
0.8
1.0
1.2
1.4
Q4
FY19
Q1
FY20
Q2Q3Q4Q1
FY21
Q2Q3Q4Q1
FY22
Q2Q3Q4
GAS SALES VOLUME (PJ)
Quarterly Resi Sales VolumesQuarterly SME Sales Volumes
Quarterly C&I Sales VolumesRolling 12-month Sales Volume (RHS)
35,000
40,000
45,000
50,000
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
Q4
FY19
Q1
FY20
Q2Q3Q4Q1
FY21
Q2Q3Q4Q1
FY22
Q2Q3Q4
LPG SALES VOLUMES (Tonnes)
Quarterly Bottled LPG Sales VolumesQuarterly Bulk & SME LPG Sales Volume
Rolling 12-month Sales Volume (RHS)
Genesis Energy Limited FY22 Q4 Performance Report 9.
Appendix: Wholesale Segment
0
20
40
60
80
100
120
140
160
180
JulAugSepOctNovDecJanFebMarAprMayJun
WAIKAREMOANA STORAGE Vs LONG RUN AVERAGE (GWh)
Long Run Average Storage12-month Storage
0
1000
2000
3000
4000
5000
JulAugSepOctNovDecJanFebMarAprMayJun
NEW ZEALAND DAILY STORAGE (ALL GENERATORS, GWh)
Long Run Average Storage12-month Storage
0
200
400
600
800
1000
JulAugSepOctNovDecJanFebMarAprMayJun
TEKAPO STORAGE Vs LONG RUN AVERAGE (GWh)
Long Run Average Storage12-month Storage
0
1
2
3
4
5
6
7
JulAugSepOctNovDecJanFebMarAprMayJun
GWh/Day
TONGARIRO GENERATION
20 years average7 days rolling average
0
100
200
300
400
500
600
700
800
Jul-21Aug-21Sep-21Oct-21Nov-21Dec-21Jan-22Feb-22Mar-22Apr-22May-22Jun-22
HUNTLY RANKINE UTILISATION (GWh)
Genesis Customers/Portfolio Backup Swaption Partners
Backup Other Retailers/Spot Customers
Appendix: Wholesale Segment
$50
$70
$90
$110
$130
$150
$170
$190
$210
$230
$250
20182019202020212022
Calendar Year
ASX FUTURES SPOT PRICING ($/MWh)
1-Year Contract2-Year Contract3-Year Contract
0
500
1,000
1,500
2,000
2,500
Q4
FY19
Q1
FY20
Q2Q3Q4Q1
FY21
Q2Q3Q4Q1
FY22
Q2Q3Q4
GENERATION BY POWER STATION (GWh)
Huntly Unit 5Huntly Units 1 to 4 GasHuntly Units 1 to 4 Coal
Huntly Unit 6North Island HydroSouth Island Hydro
0%
20%
40%
60%
80%
100%
$-
$20.00
$40.00
$60.00
$80.00
$100.00
Q4
FY19
Q1
FY20
Q2Q3Q4Q1
FY21
Q2Q3Q4Q1
FY22
Q2Q3Q4
PORTFOLIO AND THERMAL FUEL COSTS
Weighted Average Fuel Cost - Thermal ($/MWh)
Weighted Average Fuel Cost - Portfolio ($/MWh)
Renewable Contribution to Total Generation (RHS, %)
Genesis Energy Limited FY22 Q4 Performance Report 10.
Appendix: Kupe Segment
9.0
9.5
10.0
10.5
11.0
11.5
12.0
-
0.5
1.0
1.5
2.0
2.5
3.0
3.5
Q4
FY19
Q1
FY20
Q2Q3Q4Q1
FY21
Q2Q3Q4Q1
FY22
Q2Q3Q4
KUPE GAS SALE VOLUMES (GENESIS SHARE, PJ)
Quarterly Sales VolumeRolling 12 Months Sales Volume (RHS)
-
50.
100.
150.
200.
250.
300.
350.
400.
450.
500.
-
20.
40.
60.
80.
100.
120.
140.
Q4
FY19
Q1
FY20
Q2Q3Q4Q1
FY21
Q2Q3Q4Q1
FY22
Q2Q3Q4
KUPE OIL PRODUCTION VOLUMES (GENESIS SHARE, Kbbl)
Quarterly Production VolumeRolling 12 Months Production Volume (RHS)
$0
$20
$40
$60
$80
$100
$120
$140
JulAugSepOctNovDecJanFebMarAprMayJun
BRENT CRUDE OIL SPOT PRICE (USD/bbl)
12 mths to June 202112 mths to June 2022
Genesis Energy Limited FY22 Q4 Performance Report 11.
Glossary
RETAIL
Brand Net Promoter Score
Based on survey question "How likely would you be to recommend Genesis Energy/Frank Energy to your friends or family?"
Interaction Net Promoter Score
Based on survey question "Based on your recent Interaction With GE/Frank Energy, how likely would you be to recommend
GE/Frank Energy to your Friends/Family?"
CustomersElectricity and gas customers are defined by single customer view, regardless of number of connections (ICP's)
Single Customer ViewRepresents unique customers which may have multiple ICP's
ICPInstallation Connection Point, a connection point that is both occupied and has not been disconnected (Active-Occupied)
LPG Customer ConnectionsDefined as number of customers
Gross Customer ChurnDefined as customers instigating a trader switch or home move
Net Customer ChurnDefined as Gross Churn post home move saves, retention and acquisition activity
Resi, SME, C&IResidential, small and medium enterprises and commercial & industrial customers
B2BBusiness to Business, including both SME and C&I
Volume Weighted Average Electricity Selling Price - $/MWhAverage selling price for customers including lines/transmission and distribution and after discounts
Volume Weighted Average Gas Selling Price - $/GJAverage selling price for customers including transmission and distribution and after discounts
Volume Weighted Average LPG Selling Price - $/tonneAverage selling price for customers including after discounts
Bottled LPG Sales (tonnes)Represents 45kg LPG bottle sales
SME & Other Bulk LPG sales (tonnes)Represents SME and other bulk and 3rd party distributors
Cost to Serve ($ per ICP)Retail costs associated with serving customers across all fuel types divided by the total numbers of ICPs at time of reporting
Netback ($/MWh, $/GJ, $/tonne)
Customer EBITDAF by fuel type plus respective fuel purchase cost divided by total fuel sales volumes, stated in native fuel units
(excluding corporate allocation costs and Technology & Digital cost centre)
GENERATION
Average Price Received for Generation - GWAP ($/MWh) Excludes settlements from electricity derivatives.
Coal (GWh)Coal generation is calculated by applying coal burn to monthly average heat rates
Coal Used In Internal Generation (PJ)Results have been revised to reflect changes in coal kilo tonnes to PJ conversion rate and volume methodology
Rankine's Fuelled by Coal (%)The proportion of coal used in the Rankine units
Equipment Availability Factor (EAF)The percentage of time a power station is available to generate electricity
Forced Outage Factor (FOF)The percentage of time a power station is unavailable to generate electricity due to unplanned failure or defect
POWER PURCHASE AGREEMENTS
Wind (GWh)Energy purchased through long term agreements with generator
Average Price Received for Generation - GWAP ($/MWh) Price received at production node. (E.g. Waipipi at WVY1101 node)
Genesis Energy Limited FY22 Q4 Performance Report 12.
WHOLESALE
Average Retail Electricity Purchase Price - LWAP ($/MWh)Excludes settlements from electricity derivatives
Electricity Financial Contract Purchases - Wholesale (GWh)
Settlement volumes of generation hedge purchases, including exchange traded and OTC contracts. Excludes PPAs, active
trading,
Financial Transmissions Rights (FTRs) and Cap/Collar/Floor contracts.
Electricity Financial Contract Sales - Wholesale (GWh)
Settlement volumes of generation hedge sales, including exchange traded, OTC contracts and Swaptions. Excludes PPAs, active
trading,
Financial Transmissions Rights (FTRs) and Cap/Collar/Floor contracts.
Electricity Financial Contract Purchases - Wholesale Price ($/MWh) Average price paid for Electricity Financial Contract Purchases - Wholesale.
Electricity Financial Contract Sales - Wholesale Price ($/GWh) Average price received for Electricity Financial Contract Sales- Wholesale.
Swaptions (GWh)Electricity swap options sales volume. A subset of the Electricity Financial Contract Sales.
Wholesale LPG Sales (tonnes)Represents wholesale, export sales and transfers to Huntly power station
Weighted Average Gas Burn Cost ($/GJ)Total cost of gas burnt divided by generation from gas fired generation, excluding emissions
Weighted Average Coal Burn Cost ($/GJ)Total cost of coal burnt divided by generation from coal fired generation, excluding emissions
Weighted Average Fuel Cost - Portfolio ($/MWh)Total cost of fuel burnt plus emissions on fuel burnt divided by total generation (thermal, hydro and wind)
Weighted Average Fuel Cost - Thermal ($/MWh)Total cost of fuel burnt plus emissions on fuel burnt divided by total generation from thermal plant
Coal Stockpile - Stored Energy (PJ)The coal stockpile closing balance in tonnes divided by an estimated nominal energy content of Huntly's coal (22 GJ/t)
CORPORATE
Total Recordable Injuries12-month rolling Total Recordable Injuries including Lost Time Injuries, Restrictive Work Injuries and Medical Treatment Injuries.
Headcount Based on full time equivalents, including contractors
KUPE
Oil Price realised (NZD/bbl)Oil price received including hedge outcome for oil and foreign exchange
Oil Price realised (USD/bbl)The underlying benchmark crude oil price that is used to set the price for crude oil sales
Oil Hedge Levels (%)% hedged for remainder of FY as % of forecast sales
Glossary
Genesis Energy Limited FY22 Q4 Performance Report 13.
Energy IQ version 2.0 launched
Investor relations enquiries
Tim McSweeney
GM Investor Relations & Market Risk
+64 27 200 5548
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.