Huntly power station: Security of supply or market dominance? ComCom to decide

Huntly power station: Security of supply or market dominance? ComCom to decide
Huntly coal stockpile helps keeps the lights on but at what cost? (Image: NZME)
Ian Llewellyn
The Commerce Commission must decide based on conflicting submissions from industry whether to approve a deal that would keep one of Genesis Energy’s coal-capable Huntly Rankine units available into the 2030s.At issue are the Huntly Firming Options (HFO), an arrangement between Genesis and the other three gentailers: Contact, Meridian and Mercury.The HFO deal would mean they share the costs of maintaining Huntly’s Rankine 2 unit and gain rights to its generation at prices linked to its coal-based costs. Without the deal, Genesis has...

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