ANNUAL REPORT 2021-22
ii
ANNUAL REPORT 2021-22
ANNUAL REPORT 2021-22
FRONT COVER: Image 1 - Electrical Apprentice,
Brieanna McSweeny, at Owen Springs Power Station
Image 2 OMT Mechanical, David Lewis, at
Katherine Power Station.
ABOVE: Yulara Power Station from the air with
Uluru in the background.
Acknowledgement of Country
Territory Generation acknowledges the Traditional
Custodians and Elders of the country on which we
work and live, and recognise their continuation of
cultural, spiritual and educational practices. We pay
our respect to the Elders past, present and emerging.
Aboriginal and Torres Strait Islander readers are
advised that the following report may contain images
and names of people who have died.
2021-22 financial year highlights
Welcome
Territory Generation is the Northern Territory's largest electricity producer and we are
committed to supporting government renewable energy targets. Using gas, diesel and
renewable technologies, we generate electricity for the Territory's major population centres
and support the reliable operation of the power systems. We supply wholesale electricity,
capacity for meeting demand load and Essential System Services, including frequency and
voltage control, network support and black start services. We are focused on supporting the
Northern Territory's power systems through the transition to lower costs and renewables in
line with Northern Territory Government policies.
The 2021-22 annual report of Power Generation Corporation (trading
as Territory Generation) summarises operations and achievements for
the financial year 2021-22.
The annual report is tabled in the Northern Territory Parliament as a
reporting mechanism for Territory Generation's Shareholding Minister,
Portfolio Minister and the Northern Territory Parliament.
As per sections 41 and 44 of the Government Owned Corporations
Act 2001 (the Act), the report includes information about
Territory Generation's:
.
primary services and responsibilities
significant activities of the year, major project highlights, key
achievements and outcomes
financial management and performance in compliance with the Act.
The report also provides information for stakeholders who have
an interest in the provision of electricity generation services in the
Northern Territory.
This is Territory Generation's eighth annual report following structural
reforms to the Northern Territory electricity industry.
670%
Increase
Take 5s
(See page 11)
1,053
Safety
conversations
across 8 power
stations
(See page 11)
IMPROVED
SYSTEM
Mobile safety
reporting
(See page 11)
25
Engineers on
credentialling
program
(See page 23)
T
1,536
GWh electricity
produced
($
$16.9M
Net profit
after tax
(See page 6)
(See page 26)
$8.47M
Dividend
declared
(See page 26)
$286.8M
Electricity
sales
(See page 26)
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