Genesis sends coal warning to electricity sector

Genesis sends coal warning to electricity sector
Part of the Genesis coal stockpile. (Image: BusinessDesk)
Ian Llewellyn
Genesis Energy has told the rest of the electricity sector that if users wants coal to cover a potential energy shortage next year, they had better start making arrangements.The sector fears that next winter could be as tight as the last with the lack of gas increasing the risk of electricity shortages if there is not enough rain over the hydro lakes in the next six months.Genesis said it was increasing the coal supply for next winter as a result of the country’s gas supply issues and changes in supply chain processes.It aims to stoc...

More Energy

BlackRock writes down fund after SolarZero collapse
Finance

BlackRock writes down fund after SolarZero collapse

SolarZero was placed into liquidation in November. 

Staff reporters 01 Jan 2025
Keith Turner: Gong a nod to whole sector's work
Policy New Year Honours 2025

Keith Turner: Gong a nod to whole sector's work

55-year career spanning entire energy industry earns CNZM.

Ian Llewellyn 31 Dec 2024
ComCom delays Manawa takeover deal decision
Markets

ComCom delays Manawa takeover deal decision

Due on Dec 24, the decision will now be in March.

Ian Llewellyn 20 Dec 2024