Genesis News

Genesis regularly flexed its portfolio of fuels and generation assets to ensure a solid result during a year of exceptionally dry North Island conditions, multiple planned and unplanned market outages and the disruption of COVID-19.

Genesis reports operator Beach Energy has upgraded its reserves estimate in the Kupe gas and oil field (‘Kupe Venture Ltd’).

Genesis welcomes the Government’s proposal to look at solutions to alleviate New Zealand’s seasonal electricity generation shortfall, especially during dry years.

The closure of Rio Tinto’s Tiwai Point Aluminium Smelter is disappointing news, in particular, for the people of Southland who are most directly affected.

Genesis has taken powering Emirates Team New Zealand to a new level with an innovative installation of curved solar panels to the team’s base in Wynyard Quarter, Auckland

Due to challenging market conditions, driven by low hydro inflows, Genesis has taken steps to make additional capacity available to the market by making available a third Rankine unit to run concurrently with Unit 5 and Unit 6 if required through July and August.