Latest Grid Stability News

Foresta Group Holdings has signed a non-binding term sheet with Genesis Energy to supply torrefied wood pellets for Huntly Power Station, marking a pivotal step toward reducing New Zealand’s coal dependency by 2028.

Quantum Graphite has lodged its final US$300 million financing application with the US EXIM Bank for Project Utile, alongside securing a new exploration license EL7019 in South Australia. The company is poised to release updated JORC 2012 exploration targets soon, underpinning its growth strategy.

Richmond Vanadium Technology has submitted its draft Environmental Impact Statement for the Richmond - Julia Creek Vanadium Project and progressed innovative metallurgical test work, positioning itself for a development decision in 2025.

Contact Energy’s December 2024 report reveals a nuanced operational landscape with slightly lower mass market sales but improved netback prices and significantly reduced generation costs, underscoring efficiency gains amid evolving market dynamics.