Contact Energy is a leading power generation company in New Zealand that has been providing reliable and affordable energy solutions to its customers for over 20 years. The company is committed to decarbonisation and has been actively investing in renewable energy sources to reduce its carbon footprint and contribute to a sustainable future.

Contact Energy operates a diverse portfolio of power generation assets, including hydro, geothermal, and gas-fired power stations. The company's hydroelectric power stations are located in the Waikato River and generate around 15% of New Zealand's electricity. The geothermal power stations are located in the Taupo Volcanic Zone and produce around 20% of the country's electricity. The gas-fired power stations are located in Taranaki and provide backup generation during peak demand periods.

The company has set ambitious decarbonisation targets and aims to reduce its carbon emissions by 30% by 2030. To achieve this goal, Contact Energy has been investing in renewable energy sources such as wind and solar. The company has recently completed a 152 MW wind farm in Taranaki, which is capable of generating enough electricity to power around 70,000 homes. Contact Energy has also signed a corporate power purchase agreement (PPA) with a major New Zealand company to supply them with renewable energy from the wind farm.

Corporate energy is an important focus area for Contact Energy, and the company has been working with its customers to help them reduce their energy consumption and carbon footprint. Contact Energy offers a range of energy efficiency services, including energy audits, lighting upgrades, and building management systems. The company has also introduced a demand response program, which incentivizes customers to reduce their energy consumption during peak demand periods.

Corporate PPAs are another area of focus for Contact Energy, and the company has been actively signing agreements with major New Zealand companies to supply them with renewable energy. These agreements help to support the development of new renewable energy projects and provide a stable revenue stream for the company. Contact Energy has signed a number of corporate PPAs with companies in the food and beverage, retail, and manufacturing sectors.

Renewable energy is a key part of Contact Energy's strategy, and the company has been investing heavily in this area. The company has set a target to generate 80% of its electricity from renewable sources by 2030, and has already made significant progress towards this goal. Contact Energy has invested in a number of wind and solar projects, including the 152 MW Taranaki wind farm and a 6 MW solar farm in Taupo.

Contact Energy is also exploring new technologies such as battery storage and hydrogen to support the integration of renewable energy into the grid. The company has recently completed a battery storage trial in Taupo, which demonstrated the potential for battery storage to provide grid stability and support the integration of renewable energy. Contact Energy is also exploring the potential for hydrogen to be used as a fuel source for its gas-fired power stations, which could help to reduce carbon emissions.

In conclusion, Contact Energy is a leading power generation company in New Zealand that is committed to decarbonisation and renewable energy. The company operates a diverse portfolio of power generation assets, including hydro, geothermal, and gas-fired power stations. Contact Energy has set ambitious decarbonisation targets and is actively investing in renewable energy sources such as wind and solar. The company is also working with its customers to help them reduce their energy consumption and carbon footprint, and has signed a number of corporate PPAs to support the development of new renewable energy projects. Contact Energy is well positioned to play a leading role in the transition to a low-carbon future in New Zealand.