Territory Stories

Statement of Corporate Intent 2022-2023, Territory Generation Power Generation Corporation (Trading as Territory Generation)

Details:

Title

Statement of Corporate Intent 2022-2023, Territory Generation Power Generation Corporation (Trading as Territory Generation)

Other title

Tabled paper 565

Collection

Tabled Papers for 14th Assembly 2020 -; Tabled Papers; ParliamentNT

Date

2022-07-26

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

Publisher name

Legislative Assembly of the Northern Territory

Place of publication

Darwin

File type

application/pdf

Use

Copyright

Copyright owner

Legislative Assembly of the Northern Territory

License

https://www.legislation.gov.au/Details/C2019C00042

Parent handle

https://hdl.handle.net/10070/874709

Citation address

https://hdl.handle.net/10070/874710

Page content

Page 10 of 18 2022-23 SCI Objective KPI Measure Target Action Area Finance We achieve our agreed controllable SCI outcomes We monitor and report the impact of uncontrollable events against our SCI We have an accepted and transparent understanding of the cost of system services Achievement of budgeted outcomes EBITDA/ROA/EBIT Capital program delivered within approved base currency budget Debt to equity < = across SCI period Revenue growth > operating expenditure growth Controllable costs < = previous year Dividends proposed Program completion within +/- 10% of approved budget Understanding, measuring and actively managing financial drivers with a focus on financial discipline and sustainability Sustainability We ensure sustainability by effectively managing the social, environmental and economic performance No reportable environmental harm incidents Target = 0 Continue to safely, reliably and responsibly provide energy system services to achieve a decreasing carbon intensity trend on all systems in which we operate An ongoing overall reduction in CO2 Continuous reduction on prior year emissions Darwin Katherine Energy Storage System constructed in accordance with project schedule Constructed and commissioned Objective KPI Measure Target Action Area Stakeholders & Customers We are a trusted supplier delivering safe and reliable products and services WESAs negotiated and approved System Average Interruption Duration Index (SAIDI) for regulated network Approved by Board Target < 10 year average Continue to engage with stakeholders and customers with a focus on creating valued outcomes