Commerce Commission approves Huntly agreement

Genesis Energy’s Huntly Power Station. (Image: NZME)

Thu, 06 Nov 2025

The deal between the major electricity players to keep a Rankine unit running at Genesis Energy’s Huntly Power Station has been approved by the Commerce Commission.The regulator said the benefits of the arrangements likely outweighed any potential lessening of competition.With the decline of thermal generation in New Zealand, many in the electricity sector felt keeping the gas- and coal-fired 240-megawatt (MW) Rankine unit running was essential to back up the country’s mainly renewable generation fleet during times of short supply a...

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