Genesis News

Genesis Energy submission – Climate Change Commission 2021 Draft Advice for Consultation
29 March 2021
Genesis Energy (Genesis) is committed to ‘empowering New Zealand’s sustainable future’. We share the ambitions of the Climate Change Commission (the Commission) and commend the work undertaken to date.
Kiwis split on how New Zealand can be carbon neutral by 2050
23 March 2021
Nearly 70% of New Zealanders expect climate change to have a lot or a reasonable impact on their lives over the next decade but are split on the best way for the country to achieve...
Genesis delivers strong first half EBITDAF of $217 million
25 February 2021
Strong retail margins and lowered fuel costs help to offset reduced hydro inflows and challenging gas market conditions
$26.5m Tekapo Intake Gate Project completed, will protect from alpine fault earthquakes
22 February 2021
After nearly two years of construction, the $26.5m Tekapo Intake Gate Project is complete on time and under budget, protecting one of the South Island’s key hydro power stations from alpine fault earthquake risks.
Genesis to make third Rankine available to cover drought and gas shortages
15 February 2021
Challenging market conditions, driven by a dry summer and supply side constraints in the gas market, have prompted Genesis to make a third 250MW Rankine unit available to support the country’s electricity needs.
Genesis assessing 6,000 GWh of renewable generation options for development by 2025
12 February 2021
Genesis is assessing 6,000GWh of renewable generation options after starting a closed RFP process with 11 partners.