Genesis mothballs second Huntly unit earlier than expected

Genesis mothballs second Huntly unit earlier than expected
By Pattrick Smellie Sept. 27 (BusinessDesk) – Genesis Energy is to mothball the second of four generating units at its ageing Huntly power station more than a year earlier than previously signalled as flat demand and a surge in new, lower cost generation has made it surplus to requirements. Genesis spokesman Richard Gordon said the decision was made after observing that, even with a severe drought earlier this year, the so-called “third unit” had run very little. The company had previously talked about taking the unit out of commission some...