Genesis Energy confirms end to Solid Energy coal contract

Wed, 19 Aug 2015

By Pattrick Smellie Aug. 20 (BusinessDesk) - Genesis Energy confirmed it will terminate its coal supply contract with state-owned coal miner Solid Energy, which was placed into voluntary administration last week ahead of an attempt to sell its assets over the next 2 1/2 years. Genesis uses coal at its Huntly power station, where it has two 250 Megawatt units capable of running on both natural gas and coal. It plans to close those units by the end of 2018 and already has 720,000 tonnes of coal stockpiled, which along with natural gas suppl...

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