Page 2 - Malcolm Johns News Today

Genesis Energy and joint venture partner, FRV Australia, have begun construction of their 63 megawatt (MW) solar farm at Lauriston, on the Canterbury Plains.

Construction has begun on a $104 million solar farm on the Canterbury Plains, with power set to start flowing by the end of this year.

New Zealand’s gas production is falling at a faster rate than forecasts, while demand has not, Genesis Energy chief executive Malcolm Johns says. Power...

Genesis Energy says it will not be raising its power prices any time soon, despite a slump in its first-half earnings. Competitor Mercury NZ said on Tuesday...

Genesis Energy said its earnings dropped in the first half as generation costs rose due to lower hydro inflows and the extended outage of its gas-powered...

The result comes on the back of the higher cost of generation, an outage at its major Huntly station, and lower gas production.

National grid operator Transpower says New Zealand needs to up its investment in flexible power systems if it is to meet increased demand this winter. The...

Nine months into his job at the helm of Genesis Energy, Malcolm Johns — former chief executive of Christchurch Airport — says the level of risk inherent in...

The Huntly power station would still be needed for peak demand, but coal use would be reduced and replaced with biomass and possibly hydrogen, while gas would be needed for the transition, Genesis said.

Genesis Energy said it planned to use profits from the Kupe gas field to support a $1.1 billion programme to build new renewable generation and grid-scale...