Tiwai Point and old Huntly station look set to run past 2018, says MRP

Mon, 22 Feb 2016

By Pattrick Smellie Feb. 23 (BusinessDesk) - Both the Tiwai Point aluminium smelter and the remaining two gas and coal-fired units at Genesis Energy's ageing Huntly power station will remain in operation past 2018, Mighty River Power's chief executive Fraser Whineray says, based on electricity futures market pricing. At a media briefing for the Auckland-based electricity generator and retailer's half-year profit, Whineray stressed the judgement was not MRP's but that of the market, as indicated by the current trend in the price of electri...

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