‘Hope is not a strategy’: energy sector worries ahead of winter

‘Hope is not a strategy’: energy sector worries ahead of winter
Genesis says it is on top of coal supply for this winter and it has received support from other generators to pay for the coal stockpile. (Image: Getty)
Ian Llewellyn
The energy sector has been warned that it appears to be in a worse security of supply and affordability situation now than it was last winter.There were differing opinions on whether the energy sector is prepared for the coming winter, but there is agreement that people’s jobs, reputations, and the major players’ social licences are on the line.Many of the sector’s main players are in Christchurch at the New Zealand Downstream 2025 conference this week. While many business and policy developments are being discussed, one...

More Markets

NZ stocks retreat from record high, down 0.7%
Markets Market Close

NZ stocks retreat from record high, down 0.7%

The S&P/NZX 50 Index dropped 103.60 points, or 0.76%, to 13,467.26.

Jamie Gray 10 Oct 2025
Govt looks to put its Chorus investment on the block
Infrastructure

Govt looks to put its Chorus investment on the block

The finance minister said there's no policy reason for Govt to hold Chorus securities.

Rebecca Howard 10 Oct 2025
Latest cap raise values Sharesies at $750m
Markets

Latest cap raise values Sharesies at $750m

In its eighth raise since 2017, Sharesies values its shares at $205 apiece.

Pattrick Smellie 10 Oct 2025
Green Cross Health's prescription for growth
Markets Small Cap Wrap

Green Cross Health's prescription for growth

Medical group gets tentative approval to become a PHO, Savor, Paysauce, and more.