Mercury boss Stew Hamilton says sector needs more than Huntly, warns about radical reform

Mercury runs several dams on the Waikato River. (Image: NZME)

Tue, 05 Aug 2025

Mercury Energy is supportive of the long-term deal to keep the Huntly Power Station at full capacity, but the company and the sector need other backup plans to ensure energy security, says chief executive Stew Hamilton.Speaking as he approached a year in his new job, Hamilton also said that while Mercury was supportive of some of the ideas about market reform, he warned that radical change might do more harm than good.The major players said on Monday they had reached a deal with Genesis about its Huntly station and, in particular, on whether on...

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