New Genesis boss outlines thinking on the company's future

New Genesis boss outlines thinking on the company's future
Genesis boss Malcolm Johns has been thinking. (Image: Christchurch Airport)
Ian Llewellyn
Genesis Energy has given some indication about the direction of its strategic review and raised the possibility of using hydrogen at a key generation unit in the Huntly power station.The company held its annual shareholders’ meeting on Friday as it continued its review of operations that began with the arrival of new chief executive Malcolm Johns six months ago as the former head of Christchurch airport.The review is critical to the energy sector and the wider economy as the company’s Huntly power station plays a crucial role in fir...

More Energy

Glenbrook to get big grid-scale battery as Contact teams up with Tesla
Markets

Glenbrook to get big grid-scale battery as Contact teams up with Tesla

Contact Energy has teamed up with electric car company Tesla to build a grid-scale 100-megawatt battery at Glenbrook at a cost of up to $163 million.The company said the battery would enhance Contact’s renewable-energy flexibility and provide enough electricity for more than two...

Tech firms seek a miracle solution as AI exhausts grid
Technology

Tech firms seek a miracle solution as AI exhausts grid

Currently, coal plants are being reinvigorated because of the AI boom, an analyst says.

NZ needs to sell energy sector potential to global investors
Markets

NZ needs to sell energy sector potential to global investors

Meridian bullish on selling NZ to the world as hydrogen plans slip.

Ian Llewellyn 26 Jun 2024