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...

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