Commerce Commission gives provisional nod to Huntly Power Station deal

Huntly Power Station is key to energy security. (Image: NZME)

Tue, 30 Sep 2025

On the eve of Cabinet’s decisions on electricity market reforms, the Commerce Commission has indicated it will give clearance to a key part of the puzzle – securing the future of the Huntly Power Station.ComCom has issued a draft determination proposing to authorise Genesis, Contact, Meridian and Mercury in a series of agreements referred to as the Strategic Energy Reserve Huntly Firming Option (HFO).The HFO deal would see them share the costs and risks of maintaining Huntly’s Rankine 2 unit and gain rights to its generation a...

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