Case for closing Taranaki plant 'accelerating' - Contact

Mon, 10 Aug 2020

Rising gas and carbon costs are “accelerating the case” for replacing Contact Energy’s biggest gas-fired power station with renewables, the company said. But the company notes that a "clearer picture” of demand is needed before it can commit to a 150-megawatt development of a new plant at the Tauhara geothermal field to replace the ageing 377 MW Taranaki Combined Cycle plant at Stratford. “It is a matter of when – not if – Tauhara will play an important role in New Zealand’s transition to a low-carbon future,” Contact chief executive Mike...

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