All-renewables Meridian calls for Genesis to keep coal-fired power station open

Fri, 06 Nov 2015

By Pattrick Smellie Nov. 6 (BusinessDesk) - All-renewables electricity generator Meridian Energy has initiated talks with rival Genesis Energy to preserve access to two ageing gas and coal-fired electricity plants at the Huntly power station, which Genesis intends to close next year. Chief executive Mark Binns told shareholders at the Meridian's annual meeting decisions since March to close 1,100 Megawatts of gas and coal-fired generation capacity would leave New Zealand exposed to possible electricity shortages by the end of the decade i...

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