Genesis Energy Limited logo

FY24 Q1 Performance Report

Quarterly Update19 October 2023GNEUtilities

MARKET RELEASE

Date: 20 October 2023

NZX: GNE / ASX: GNE

FY24 Q1 Performance Report


Genesis Energy continued to grow customers, with an increase of 4,934 through the quarter. Huntly

Rankine generation increased, to support the market through plant outages. Renewable generation

volumes were lower, as inflows returned to more normal levels relative to FY23 Q1.


Malcolm Johns, Chief Executive said, “The flexibility of the Huntly Power Station was demonstrated

through the quarter, as the Rankine Units stepped in to support the grid during the Unit 5 outage. I

am especially pleased with the work Genesis has done to accelerate the return to service while

continuing to operate the Rankine units.”


Development of the Kupe KS-9 well remains on track. The The Valaris 107 rig is integrated with the

wellhead platform and drilling is planned to commence in October 2023. First gas is expected in FY24

Q3.


Genesis’ FY24 Q1 Performance Report is attached. Note that insurance proceeds in relation to the

Huntly Unit 5 outage are not included in the operating statistics.



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 and is one of New Zealand’s largest

energy retailers with approximately 500,000 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 $NZ2.4 billion during the 12 months ended 30 June 2023. More information

can be found at www.genesisenergy.co.nz

---

Genesis Energy Limited FY23 Q2 Performance Report 1.
FY24 Q1

Performance Report

20October 2024

FY24 Q1 Performance Highlights
Retail

$152/MWh

Electricity Netback

WholesaleKupe

2

Kupe Gas Sales

11.1% increase on pcp

488,655

Total Customers

2.3% increase on pcp

1,642 GWh

Retail Electricity Sales

3.8% increase on pcp

830 GWh

Renewable Generation

21.9%decrease on pcp

825 GWh

Rankine Generation

673 GWhincrease on pcp

Total Generation Costs

$25increase on pcp

FY24 Q3

Drilling underway, first gas expected

FY24 Q3

1.Pcp refers to Q1 FY23 unless otherwise stated.

2.Refers to Genesis’ 46% share.

Genesis Energy Limited FY24 Q1 Performance Report 2.

2.2 PJ

0.4 PJ decrease on pcp

Kupe LPG Sales

8.7 kt

1.9 kt decrease on pcp

Kupe KS-9 Development

$59/MWh

HYDROLOGY (GWH)
Q1 FY24Q1 FY23

Hydro

Generation

8251060

Hydro

Inflows

6311170

Closing

Storage

284

(102% of ave.)

460

(165% of ave.)

Genesis Energy Limited FY24 Q1 Performance Report 3.

Residential customer growth continued with 4,934 customers

gained during the period and retail electricity sales volumes

increasing by 61GWh, relative to pcp. Netback growth

continued, driven by improved C&I pricing.

The Huntly Rankine units increased generation, to support the

grid during the Unit 5 outage. Gas normally used in Unit 5 was

utilised by the Rankine Units.

Renewable energy volumes were 233GWh lower, as inflows

returned to more normal levels relative to FY23 Q1.

Development of the Kupe KS-9 well remains on track. The

Valaris107 rig is integrated with the wellhead platform and

drilling is planned to commence in October 2023. First gas is

expected in FY24 Q3.

Shipment timing and lower production meant that no oil sales

occurred during the period.

Note: Insurance proceeds in relation to the Huntly Unit 5

outage are not included in operating statistics.

PerformanceHighlights

Genesis Energy Limited FY24 Q1 Performance Report 4.
Operating Performance

All prices in this report are unaudited and subject to change. Reported numbers have been rounded and might not appear to

add or multiply.

Q1 FY24Q1 FY23VarianceYTD FY24YTD FY23

ELECTRICITYVolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$mVolumeRate per unit$m VolumeRate per unit$m

Retail Resi Electricity

951 GWh$275/MWh261.5 887 GWh$265/MWh235.3 64 GWh$10/MWh26.2 951 GWh$275/MWh261.5 887 GWh$265/MWh235.3

Retail SME Electricity260 GWh$250/MWh64.9 249 GWh$250/MWh62.2 11 GWh$/MWh2.7 260 GWh$250/MWh64.9 249 GWh$250/MWh62.2

Retail C&I Electricity432 GWh$217/MWh93.8 446 GWh$176/MWh78.7 (14)GWh$41/MWh15.2 432 GWh$217/MWh93.8 446 GWh$176/MWh78.7

Total Retail Sales1,642 GWh$256/MWh420.2 1,582 GWh$238/MWh376.2 61 GWh$18/MWh44.0 1,642 GWh$256/MWh420.2 1,582 GWh$238/MWh376.2

Wholesale Electricity Sales1,675 GWh$131/MWh219.0 1,709 GWh$79/MWh134.8 (34)GWh$52/MWh84.2 1,675 GWh$131/MWh219.0 1,709 GWh$79/MWh134.8

Generation Costs - Thermal844 GWh$117/MWh99.2 646 GWh$91/MWh58.9 199 GWh$26/MWh40.3 844 GWh$117/MWh99.2 646 GWh$91/MWh58.9

Generation Costs - Renewable830 GWh--1,063 GWh--(233)GWh--830 GWh--1,063 GWh--

Generation Costs - Total

1,675 GWh$59/MWh99.2 1,709 GWh$34/MWh58.9 (34)GWh$25/MWh40.3 1,675 GWh$59/MWh99.2 1,709 GWh$34/MWh58.9

Retail Purchases

Retail Purchases

1,725 GWh$131/MWh226.4 1,662 GWh$75/MWh125.3 63 GWh$56/MWh101.1 1,725 GWh$131/MWh226.4 1,662 GWh$75/MWh125.3

Transmission and Distribution Costs152.2 146.8 5.4 152.2 146.8

GASVolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m

Retail Resi Gas

0.9 PJ$37.8/GJ35.8 1.0 PJ$33.8/GJ32.5 (0.0) PJ$4.0/GJ3.3 0.9 PJ$37.8/GJ35.8 1.0 PJ$33.8/GJ32.5

Retail SME Gas0.4 PJ$27.3/GJ12.3 0.4 PJ$25.7/GJ11.5 0.0 PJ$1.6/GJ0.8 0.4 PJ$27.3/GJ12.3 0.4 PJ$25.7/GJ11.5

Retail C&I Gas1.0 PJ$19.8/GJ19.4 1.0 PJ$20.0/GJ20.0 (0.0) PJ-$0.2/GJ(0.6)1.0 PJ$19.8/GJ19.4 1.0 PJ$20.0/GJ20.0

Total Retail Sales2.4 PJ$28.4/GJ67.5 2.4 PJ$26.6/GJ64.0 (0.0) PJ$1.8/GJ3.5 2.4 PJ$28.4/GJ67.5 2.4 PJ$26.6/GJ64.0

Wholesale Sales0.1 PJ$7.5/GJ0.4 0.5 PJ$9.0/GJ4.6 (0.5) PJ-$1.4/GJ(4.2)0.1 PJ$7.5/GJ0.4 0.5 PJ$9.0/GJ4.6

Gas Cost2.4 PJ$8.8/GJ21.5 2.9 PJ$8.8/GJ25.8 (0.5) PJ$0.0/GJ(4.3)2.4 PJ$8.8/GJ21.5 2.9 PJ$8.8/GJ25.8

Transmission and Distribution Costs24.4 22.2 2.1 24.4 22.2

LPGVolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m

Bottled LPG Sales

6.0 kt$2,973/t17.8 6.2 kt$2,574/t15.9 -0.2 kt$399/t1.9 6.0 kt$2,973/t17.8 6.2 kt$2,574/t15.9

SME & Other Bulk LPG Sales7.0 kt$1,746/t12.2 8.0 kt$1,619/t13.0 -1.0 kt$126/t(0.8)7.0 kt$1,746/t12.2 8.0 kt$1,619/t13.0

Total Retail Sales13.0 kt$2,313/t30.0 14.2 kt$2,035/t28.8 -1.2 kt$279/t1.2 13.0 kt$2,313/t30.0 14.2 kt$2,035/t28.8

Wholesale LPG Sales0.8 kt$888/t0.7 0.9 kt$1,166/t1.0 -0.1 kt-$278/t(0.3)0.8 kt$888/t0.7 0.9 kt$1,166/t1.0

LPG Cost13.8 kt$1,008/t13.9 15.1 kt$925/t13.9 -1.3 kt$83/t(0.1)13.8 kt$1,008/t13.9 15.1 kt$925/t13.9

KUPEVolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m VolumeRate per unit$m

Oil Sales

0 Kbbl.N/A0.0 75 Kbbl.$125.9/bbl.9.5 (75)Kbbl.N/A(9.5)0 Kbbl.N/A0.075 Kbbl.$125.9/bbl.9.5

Gas Sales2.2 PJ$7.6/GJ16.5 2.5 PJ$7.2/GJ18.2 (0.4)PJ$0.4/GJ(1.7)2.2 PJ$7.6/GJ16.5 2.5 PJ$7.2/GJ18.2

LPG Sales8.7 kt$497/t4.3 10.6 kt$450/t4.8 (1.9)Kt$47/t(0.5)8.7 kt$497/t4.3 10.6 kt$450/t4.8

Genesis Energy Limited FY24 Q1 Performance Report 5.
Operating Metrics

RETAIL SEGMENTQ1 FY24Q1 FY23% ChangeVar.Q4 FY23% ChangeVar.YTD FY24YTD FY23

RETAIL

Brand Net Promoter Score - Genesis1725(32.0%)-825(32.0%)-8

Interaction Net Promoter Score - Genesis4548(6.3%)-3419.8%+4

Gross Customer Churn (3 month rolling average, %)21.9% 19.6% 11.4% 2.2ppt 20.3% 7.5% 1.5ppt

Net Customer Churn (3 month rolling average, %)14.1% 12.5% 12.8% 1.6ppt 12.8% 10.7% 1.4ppt

Electricity Netback ($/MWh)$151.86 $136.66 11.1%$15.19 $145.59 4.3%$6.26 $151.86 $136.66

Gas Netback ($/GJ)$16.99 $16.75 1.4%$0.24 $16.74 1.5%$0.25 $16.99 $16.75

LPG Netback ($/t)$1,353.43 $1,123.48 20.5%$229.95 $1,216.82 11.2%$136.61 $1,353.43 $1,123.48

CUSTOMER NUMBERS

Customers > 1 Fuel146,010 137,958 5.8%8,052 142,987 2.1%3,023 146,010 137,958

Electricity Only Customers298,126 291,480 2.3%6,646 294,541 1.2%3,585 298,126 291,480

Gas Only Customers11,518 13,201 (12.7%)(1,683)11,918 (3.4%)(400)11,518 13,201

LPG Only Customers33,001 34,859 (5.3%)(1,858)34,275 (3.7%)(1,274)33,001 34,859

Total Customers488,655 477,498 2.3%11,157 483,721 1.0%4,934 488,655 477,498

Electricity ICPs Active-Occupied505,300 488,501 3.4%16,799 497,654 1.5%7,646 505,300 488,501

Gas ICPs Active-Occupied108,978 107,898 1.0%1,080 108,060 0.8%918 108,978 107,898

LPG Customer Connections91,490 87,730 4.3%3,760 91,009 0.5%481 91,490 87,730

Total ICPs705,768 684,129 3.2%21,639 696,723 1.3%9,045 705,768 684,129

WHOLESALE SEGMENTQ1 FY24Q1 FY23% ChangeVar.Q4 FY23% ChangeVar.YTD FY24YTD FY23

GENERATION

Generation Emissions (ktCO2)581 322 80.4% 259 293 98.2% 288 581 320

Generation Carbon Intensity (tCO2/GWh)347 188 84.5% 159 196 76.7% 151 347 187

Rankine Output (GWh)825 151 nm 673 105 nm 720 825 151

Rankines Fuelled by Coal (%)24% 16% 50% 8ppt 11% 118% 13ppt 24% 16%

Total Gas Purchases (PJ)9.4 8.4 11.9%1.0 7.3 28.3%2.1 9.4 8.4

Total Coal Purchases (PJ)-2.4 (100.0%)(2.4)----2.4

Electricity CFD Purchases - Wholesale (GWh)532 388 37.2% 144 319 66.9% 213 532 388

Electricity CFD Purchase Price - Wholesale ($/MWh)$146 $119 22.5%$27 $158 (7.7%)($12)$146 $119

Electricity CFD Sales - Wholesale (GWh)531 718 (26.0%)(187)392 35.5% 139 531 718

Electricity CFD Sale Price - Wholesale ($/MWh)$141 $144 (2.5%)($3.65)$131 7.0%$9 $141 $144

Gas Used In Internal Generation (PJ)6.9 5.4 27.4% 1.55.2 32.3% 1.76.9 5.4

Weighted Average Gas Burn Cost ($/GJ)$9.3 $9.2 1.1% $0.1 $10.0 (6.7%)($0.7)$9.3 $9.2

Coal Used In Internal Generation (PJ) 2.1 0.3 nm 1.8 0.2 nm 2.0 2.1 0.3

Weighted Average Coal Burn Cost ($/GJ)$7.9 $8.0 (0.4%)($0.0)$7.9 24.9% $1.6 $7.9 $8.0

Coal Stockpile - closing balance (kilotonnes)859 975 (11.9%)(116)962 (10.7%)(103)

POWER PURCHASE AGREEMENTS

Wind (GWh)13011711.4% 139537.2% 35130117

Average Price Received for PPA - GWAP ($/MWh)$102.2 $51.3 99.3% $50.9 $57.8 76.9% $44.4 $102.2 $51.3

All prices in this report are unaudited and subject to change. Reported numbers have been rounded and might not appear to

add or multiply.

Genesis Energy Limited FY24 Q1 Performance Report 6.
Operating Metrics

All prices in this report are unaudited and subject to change. Reported numbers have been rounded and might not appear to

add.

.

1.The severity and classification of injuries are subject to change based on medical assessment and acceptanc e by ACC. This mayresult in historical restatement.

KUPE SEGMENTQ1 FY24Q1 FY23% ChangeVar.Q4 FY23% ChangeVar.YTD FY24YTD FY23

KUPE

Oil Production (Kbbl.)50 62 (20.1%)(12)46 8.6%4 50 62

Average Brent Crude Oil (USD/bbl)$87.0 $100.9 (13.7%)($13.8)$78.4 11.0%$8.6 $87.0 $100.9

LPG Production (kt)9.3 10.8 (14.2%)(1.5)8.5 9.2%0.8 9.3 10.8

LPG Production Yield (t/TJ)4.2 4.3 (0.3%)(0.0)4.4 (2.7%)(0.1)4.2 4.3

OTHERQ1 FY24Q1 FY23% ChangeVar.Q4 FY23% ChangeVar.YTD FY24YTD FY23

CORPORATE

Headcount (FTE)1278 1,202 6.3%761,268 0.8%101278 1,202

Total Recordable Injuries

1

15 11 36.4%4 14 7.1%1 15 11

0
1,000

2,000

3,000

4,000

5,000

6,000

7,000

0

500

1,000

1,500

2,000

FY21

Q1

Q2Q3Q4FY22

Q1

Q2Q3Q4FY23

Q1

Q2Q3Q4FY24

Q1

ELECTRICITY SALES VOLUME (GWh)

Quarterly Resi Sales VolumesQuarterly SME Sales Volumes

Quarterly C&I Sales VolumesRolling 12-month Sales Volume (RHS)

Genesis Energy Limited FY24 Q1 Performance Report 7.

Appendix: Retail Segment

6.0

6.5

7.0

7.5

8.0

8.5

9.0

0.0

0.5

1.0

1.5

2.0

2.5

3.0

FY21

Q1

Q2Q3Q4FY22

Q1

Q2Q3Q4FY23

Q1

Q2Q3Q4FY24

Q1

GAS SALES VOLUME (PJ)

Quarterly Resi Sales VolumesQuarterly SME Sales Volumes

Quarterly C&I Sales VolumesRolling 12-month Sales Volume (RHS)

30,000

40,000

50,000

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

FY21

Q1

Q2Q3Q4FY22

Q1

Q2Q3Q4FY23

Q1

Q2Q3Q4FY24

Q1

LPG SALES VOLUME (Tonnes)

Quarterly Bottled LPG Sales VolumesQuarterly Bulk & SME LPG Sales Volume

Rolling 12-month Sales Volume (RHS)

Genesis Energy Limited FY24 Q1 Performance Report 8.
Appendix: Wholesale Segment

0

50

100

150

200

250

OctNovDecJanFebMarAprMayJunJulAugSep

WAIKAREMOANA STORAGE Vs LONG RUN AVERAGE (GWh)

Long Run Average Storage12 Month Storage

0

100

200

300

400

500

600

700

800

900

1,000

OctNovDecJanFebMarAprMayJunJulAugSep

TEKAPO STORAGE Vs LONG RUN AVERAGE (GWh)

Long Run Average Storage12 Month Storage

0

1,000

2,000

3,000

4,000

5,000

OctNovDecJanFebMarAprMayJunJulAugSep

NEW ZEALAND DAILY STORAGE (ALL GENERATORS, GWH)

Long Run Average Storage12 Month Storage

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

OctNovDecJanFebMarAprMayJunJulAugSep

TONGARIRO GENERATION (GWh/Day)

20 Year Average7 Day Rolling Average

Genesis Energy Limited FY24 Q1 Performance Report 9.
Appendix: Wholesale Segment

0%

20%

40%

60%

80%

100%

$0

$20

$40

$60

$80

$100

$120

$140

$160

FY21

Q1

Q2Q3Q4FY22

Q2

Q2Q3Q4FY23

Q1

Q2Q3Q4FY24

Q1

PORTFOLIO AND THERMAL FUEL COSTS

Weighted Average Fuel Cost - Thermal ($/MWh)

Weighted Average Fuel Cost - Portfolio ($/MWh)

Renewable Contribution to Total Generation (RHS, %)

0

500

1,000

1,500

2,000

2,500

FY21

Q1

Q2Q3Q4FY22

Q1

Q2Q3Q4FY23

Q1

Q2Q3Q4FY24

Q1

GENERATION BY POWER STATION (GWh)

North Island HydroSouth Island HydroHuntly Units 1 to 4 Gas

Huntly Units 1 to 4 CoalHuntly Unit 5Huntly Unit 6

Wind

$70

$90

$110

$130

$150

$170

$190

$210

$230

$250

Sep-20Mar-21Sep-21Mar-22Sep-22Mar-23Sep-23

ASX FUTURES SPOT PRICING ($/MWh)

1-Year Contract2-Year Contract3-Year Contract

0

100

200

300

400

500

600

700

800

Oct-22Nov-22Dec-22Jan-23Feb-23Mar-23Apr-23May-23Jun-23Jul-23Aug-23Sep-23

HUNTLY RANKINE UTILISATION (GWh)

Genesis Customers/Portfolio Backup Other Retailers/Spot Customers

Genesis Energy Limited FY24 Q1 Performance Report 10.
Appendix: Kupe Segment

0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

0.00

0.50

1.00

1.50

2.00

2.50

3.00

3.50

FY21

Q1

Q2Q3Q4FY22

Q1

Q2Q3Q4FY23

Q1

Q2Q3Q4FY24

Q1

KUPE GAS SALE VOLUMES (GENESIS SHARE, PJ)

Quarterly Sales VolumeRolling 12 Month Sales Volume (RHS)

$0

$20

$40

$60

$80

$100

$120

$140

OctNovDecJanFebMarAprMayJunJulAugSep

BRENT CRUDE OIL SPOT PRICE (USD/bbl)

12 Months to Sep 2212 Months to Sep 23

0

50

100

150

200

250

300

350

400

0.00

20.00

40.00

60.00

80.00

100.00

120.00

FY21

Q1

Q2Q3Q4FY22

Q1

Q2Q3Q4FY23

Q1

Q2Q3Q4FY24

Q1

KUPE OIL PRODUCTION VOLUME (GENESIS SHARE, kbbl)

Series1Rolling 12 Month Production Volume (RHS)

Glossary – Performance
Genesis Energy Limited FY24 Q1 Performance Report 11.

Electricity

Retail Sales Residential

Sales of electricity to residential customers

Retail Sales SMESales of electricity to small business customers

Retail Sales C&ISales of electricity to commerc ial and industrial customers

W holesale SalesSale of generated electricity onto the spot market, excluding PPA settlements and ancillary revenue

Generation Costs Direct generation costs, inclusive of fuels and carbon

Retail PurchasesPurchases of electric ity on spot market for retail customers

Transmission and Distribution CostsTotal electricity transmission and distribution costs, connection charges, electricity market levies and meter leasing

Gas

Retail Sales ResidentialSales of gas to residential customers

Retail Sales SMESales of gas to small business customers

Retail Sales C&ISales of gas to commercial and industrial customers

W holesale SalesSales of gas to wholes ale customers

Gas CostPurchase of gas for sale (excludes gas used in electricity generation)

Transmission and Distribution CostsTotal gas transmission and distribution costs, gas levies and meter leasing

LPG

BottledLPGSalesRepresents45kgLPGbottlesales

SME& OtherBulkLPGsalesRepresentsSMEandotherbulkandthi rdpartydistributors

W holesale LPG SalesSales of LPG to wholes ale customers

LPG CostPurchase of LPG for sale

Kupe

Oil SalesSale of crude oil

Gas SalesSale of gas

LPG SalesSale of LPG

Glossary – Operational Metrics
Genesis Energy Limited FY24 Q1 Performance Report 12.

Retail

BrandNetPromoterScoreBasedonsurveyquestion “Howlikelywouldyou betorecommend Genes is/Frank Energyto yourfriendsorfamily?”Calculated on 3 month rolling basis.

InteractionNetPromoterScore

Based on survey question “Based on your recent interaction with Genesis/Frank, how likely would you be to recommendGenesis/Frankto yourfamily/friends?”

Calculated on 3 month rolling basis.

CustomersElectricityand gas customersare defined bysingle customer view,regardless of number ofconnections (ICP’s)

SingleCustomerViewRepresentsuniquecustomerswhichmayhavemultipleICPs

ICPInstallationConnectionPoint, aconnectionpoint thatis bothoccupiedand hasnotbeen disconnected(Active-Occupied)

LPGCustomerConnectionsDefinedasnumberof customers

GrossCustomerChurnDefinedasresidential customersinstigatinga traderswitchorhomemove

NetCustomerChurnDefinedaspercentage of residential customers that finalise in a period.

Resi,SME,C&IResidential,smallandmediumenterprisesandcommercial& industrialcustomers

B2BBusinesstoBusiness,includingbothSMEandC&I

Netback($/MW h,$/GJ,$/tonne)

Customer EBITDAF by fuel type plus respective fuel purchase cost divided by total fuel sales volumes, stated in native fuel units (excluding corporatealloc ation costs and

Technology& Digital cost centre)

Glossary – Operational Metrics
Genesis Energy Limited FY24 Q1 Performance Report 13.

Wholesale

Electricity Financial Contract Purchases –W holesale

(GW h)

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 Purchases –W holesale Price

($/MW h)

Average price paid for Electricity Financ ial Contract Purchases – W holesale

Electricity Financial Contract Sales –W holesale (GW h)Settlement volumes of generation hedge sales, including exchange traded and OTC contracts. Excludes PPAs, active trading, Financial Transmissions Rights (FTRs)

and Cap/Collar/Floor contracts

Electricity Financial Contract Sales –W holesale Price

($/MW h)

Average price paid for Electricity Financ ial Contract Sales – W holesale

Generation Emissions Carbon emissions due to coal and gas electricity generation

Rankine OutputElectricity generated in the Huntly Rankine units

Rankine’sFuelledbyCoal(%)Theproportionofcoalusedin theRankineunits

Weighted Average Gas Burn Cost ($/GJ)Totalcost ofgas burntdivided bygeneration fromgas firedgeneration, excludingemissions

CoalUsedInInternalGeneration(PJ)Resultsmayberevisedtoreflect changesin coalkilotonnesto PJconversionrateandvolume methodology

Weighted Average CoalBurn Cost ($/GJ)Totalcostof coalburntdivided bygenerationfrom coalfired generation,excludingemissions

CoalStockpile– closing balance (Kt)Thecoalstockpile closingbalanc e intonnesatHuntly Power Station

Powerpurchaseagreements

W ind(GW h)Energypurchasedthroughlongtermagreementswithgenerator

AveragePriceReceivedforGeneration- GW AP

($/MW h)

Pricereceivedatproductionnode.(E.g.W aipipi atW VY1101node)

Corporate

Total RecordableInjuries12-monthrollingTotalRecordableInjuries including LostTimeInjuries, RestrictiveW orkInjuries andMedicalTreatmentInjuries

Headcount(FTE)Based on full time equivalent employees, includes permanent, fixed term and casual contracts.

Kupe

OilProductionProduction of crude oil

OilPricerealis ed(USD/bbl.)Theunderlyingbenchmarkcrude oilpricethat is usedto setthepricefor crudeoilsales

LPG ProductionProduction of LPG

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.