Taranaki site tour 28 July 2015 James Kilty, Chief Generation and Development Officer Peter Kane, General Manager Operations 1 Fraser Gardiner, Head of Investor Relations and Strategy
Todays presentation Welcome James Kilty Safety briefing Paul Fougere - Head of Generation Taranaki Thermal update Fraser Gardiner Operational overview Peter Kane 3 Taranaki site tour 28 July 2015
4
The investment in renewable generation has lowered Contacts cost of energy and requires limited ongoing capital expenditure Generation mix Capital expenditure 100% 700 600 80% 500 % generation (GWh) 60% 400 m 300…
Thermal assets role is changing from baseload operation to providing hydrology risk management and optionality Contracted gas volumes Extension to gas supply agreement 35 Peak take or pay OMV (take-or-pay) completed with Maui…
Contacts low cost renewable business combined with gas storage and peakers can support a retail business of around 7.1 TWh Generation and load profile 1,600 1,400 1,200 1,000 MW 800 600 400 200 0 Apr…
The role of Ahuroa gas storage is developing, adding value to the thermal operations FY15 gas injections and extractions 1000 2,000 Initial investment (excl Cap interest) 197m Monthly injections Monthly extractions YTD injections…
The role of large thermal plants in New Zealand is likely to reduce over time, with Contact well positioned to support flexible development when it is needed Stratford Up to 400 MW of new peaking or CCGT operation consented…
Thermal operations Peter Kane 10
Gas turbine: The Brayton Cycle Typical efficiency: 33% - 45% Air inlet Compressor blades Fuel in Stator blades Turbine blades 11 Taranaki site tour 28 July 2015
Steam turbine The Rankin Cycle Typical efficiency: 33 38% 12 Taranaki site tour 28 July 2015
Combined Cycle Typical efficiency: 55% - 60% 13 Taranaki site tour 28 July 2015
LMS 100 gas-fired peakers VBV Silencer Cooling Tower Air Intake Air-to-water Intercooler Gas Turbine Auxiliary Skid Generator Exhaust Stack 14 Taranaki site tour 28 July 2015
Ahuroa gas storage facility 15 Taranaki site tour 28 July 2015
AGS provides Contact with up to 17 PJ of gas storage capacity 17 PJ max working volume 11.3 PJ working volume as at 30 June 2015 Connected to Stratford power stations by 2 pipelines Operated by NZEC (from Waihapa Production…
AGS is connected to the Stratford power stations by two pipelines Bypass pipeline completed 2013 Permit 52278 Ahuroa 8.7km, 450mm diameter pipeline Well-site between Ahuroa and Stratford Purpose to bypass Waihapa Production Station…
OSIP programme redefining process safety 18 Taranaki site tour 28 July 2015
Bow tie diagrams are used to visualise the hazard being assessed 19 Taranaki site tour 28 July 2015