Monthly Operating Report |
December 2016 |
December overview
» For the month of December 2016 Contact recorded:
Electricity, gas and steam sales of 682 GWh (December 2015: 709 GWh)
Netback of $73.18/MWh (December 2015:
$78.28/MWh)
Cost of energy was $23.83/MWh (December 2015:
$19.75/MWh) as compensation related to the Te Mihi power station recognised in December 2015 did not recur.
» Otahuhu futures settlement wholesale price for the 1st quarter of 2017 (ASX):
As at 25 January 2017: $53/MWh
As at 31 December 2016: $60/MWh
As at 30 November 2016: $63/MWh
» As at the 25th of January 2017, South Island storage was 117% of mean (31 December: 111%) and North Island storage was 136% of mean (31 December: 138%)
» Contact's financial results for the six months ending 31 December 2016 will be released prior to the market opening on Monday, 13 February 2017.
Operating report Contact Energy Limited 2
Hydro storage and forward prices
New Zealand hydro storage against mean
Otahuhu ASX futures settlement
4,000
3,500
3,000
GWh2,500
2,000
1,500
1,000
500
-
Jan 16
Feb 16
Mar 16
Apr 16
May 16
Jun 16
Jul 16
Aug 16
Sep 16
Oct 16
Nov 16
Dec 16
80
70
60
$/MWh
50
40
30
20
10
0
CY17 CY18 CY19 CY20
30/06/2016 30/11/2016 30/12/2016
Benmore ASX futures settlement
80
70
60
$/MWh
50
40
30
South Island Actual North Island Actual
South Island Mean National Mean
20
10
0
CY17 CY18 CY19 CY20
30/06/2016 30/11/2016 30/12/2016
Operating report Contact Energy Limited 3
Wholesale market
Wholesale electricity pricing
Distribution of wholesale market price by trading periods
Otahuhu node
80
% of trading periods50%
7040%
Dec 16 Dec 15 Nov 16
30%
60
20%
50 10%
$/MWh0%
40 $85
30
2015 BEN 2016 BEN 2015 OTA 2016 OTA
20
10
Benmore node
% of trading periods50%
40%
30%
20%
Dec 16 Dec 15 Nov 16
0
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
10%
0%
$85Operating report Contact Energy Limited 4
Contact Energy Ltd. published this content on 31 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 January 2017 01:29:11 UTC.
Original documenthttps://contact.co.nz/cenergymedia/contactenergy/files/pdfs/corporate/cen-monthly-operating-report-december-2016.pdf?la=en
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