Huntly's future now in Commerce Commission's hands

Genesis boss Malcolm Johns says the deal to secure the future of Huntly Power Station is a fair and legal one. (Image: NZME)

Ian Llewellyn

Mon, 04 Aug 2025

The Commerce Commission will now decide whether a deal to secure the future of Huntly Power Station is a market-driven effort to ensure energy security or the major players acting as a cartel to entrench their market dominance.On Monday morning, Genesis said it had reached an agreement with Mercury, Meridian and Contact to ensure the life of one of its three Rankine units would be extended beyond February 2026.Genesis chief executive Malcolm Johns told BusinessDesk recently that the company needed certainty of income over a 10-year period to ma...

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