Gentailers working together to keep Huntly running

Gentailers working together to keep Huntly running
It appears no one wants to use the c**l word. (Image: NZME)
Ian Llewellyn
The major electricity generators are working together to keep the Huntly power station’s Rankine units operating for longer.In an unusual joint statement, Genesis Energy, Mercury, Meridian, and Contact said they had entered into a non-binding heads of agreement to investigate the potential for Huntly Power Station Rankine units to “continue to play a key role managing ‘dry-year risk’ and enhance system security over a longer-term timeframe”.The Rankine units can run on gas, coal and even alternative fuels such as b...

More Markets

NZ sharemarket steady despite US slump
Markets Market Close

NZ sharemarket steady despite US slump

Financial adviser says investors holding their breath for reporting season.

ASB's $35.5m mystery payout to customers
Markets

ASB's $35.5m mystery payout to customers

CBA reveals A$33m remediation provision for ASB customers ahead of A$10b expected result.

Strong lead from US carries NZX 50 up 1.5%
Markets Market Close

Strong lead from US carries NZX 50 up 1.5%

"Bad news is good news," one analyst said.

Gregor Thompson 05 Aug 2025