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Genesis and Partners Eye Huntly Power Station Extension to Bolster NZ Energy Security
8:51am on Monday 2nd of June, 2025 AEST
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Energy
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Genesis and Partners Eye Huntly Power Station Extension to Bolster NZ Energy Security
8:51am on Monday 2nd of June, 2025 AEST
Key Points
Genesis, Mercury, Meridian, and Contact sign non-binding agreement
Potential extension of Huntly Power Station Rankine Units beyond planned retirements
Response to winter 2024 supply pinch from gas decline, low hydro, and weak wind
Exploring commercial terms including strategic fuel reserves and decade-long options
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