Diesel generation: Channel puts forward a back-to-the-future option

There was once an oil-fired generation plant at Marsden Pt. (Image: NZME)

Thu, 27 Feb 2025

Channel Infrastructure says it could facilitate the set-up of a diesel-fired electricity generation plant to fill a potential energy shortage, but it will be for others to take the risk and the expense.Channel on Thursday reported a solid set of books for the 12 months to Dec 31.Revenue increased 7% to $139.8 million, with higher terminal fees, reflecting a 3% increase in fuel throughput, indexation and additional private storage revenue. Earnings (ebitda) from continuing operations was $95.1m, up 9%.The company, which used to run the now-close...

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