Huntly Rankine unit will be retired in February if no deals done: Genesis

Huntly Rankine unit will be retired in February if no deals done: Genesis
One of Huntly Power Station’s Rankine units will require “tens of millions of dollars” to extend its life past next February to 2035. (Image: NZME)
Ian Llewellyn
 Watch: A gentailer warns it may cut generation capacity, while firms are struggling for contracts and other players push for wholesale deregulation.One of Huntly Power Station’s Rankine units will be retired in February if electricity market participants and regulators cannot agree on ways to pay for its future operation, says Genesis chief executive Malcolm Johns.Negotiations are continuing over whether to maintain Huntly’s generation capacity to ensure the electricity system has a buffer for energy security when the hydro la...

More Energy

Meridian says hydro is key to energy security and affordability
Markets

Meridian says hydro is key to energy security and affordability

Meridian says it has learnt lessons from winter 2024.

Investor days to test gentailer plans for new build and firming
Markets

Investor days to test gentailer plans for new build and firming

Investors want answers on build delays, capital plans and Huntly’s future.

Ian Llewellyn 19 Nov 2025
‘No new era of abundant gas’: BCG urges broader response
Infrastructure

‘No new era of abundant gas’: BCG urges broader response

“There is no silver bullet ... The challenge is doing all of it, fast.”

Ian Llewellyn 19 Nov 2025
EA flags cost-shifting in connection charges
Infrastructure

EA flags cost-shifting in connection charges

The electricity regulator links connection charges to cost-shifting onto new customers. 

Ian Llewellyn 17 Nov 2025