Contact well-positioned for looming gas market disruption

Mon, 10 Aug 2020

Contact Energy said it is well-positioned to manage its generation fleet through the gas market disruption coming from the closure of the Tiwai Point aluminium smelter. But executives said there needs to be wider discussion across the country about the implications of that for supply security and the broader economic impact. The pending closure of the smelter next August, coupled with new wind and geothermal generation coming online, will leave about 7,000 gigawatt-hours of renewable electricity “floating around the North Island” looking...

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