New Huntly power contracts a sign of things to come

How to manage costs and risks is at the heart of Genesis's new contracts for Huntly generation. (Image: Getty)

Tue, 30 Aug 2022

Genesis Energy is opening a tender today to secure future generation from the Huntly power station as insurance against volatile wholesale electricity markets.It could be a sign of things to come as the sector works out how to manage thermal generation as it pushes closer to 100% renewable electricity.Genesis has asked for registrations of interest in its Market Security Option (MSO) from other generators, retailers or large electricity users.Essentially, it offers an option to secure megawatt capacity from the coal and gas-fired Huntly plant b...

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