Strong winds overnight stir up vegetation fire near Lake Tekapo
Firefighters are working to contain a vegetation fire at Lake Tekapo in the Mackenzie district.
Source: rnz.co.nz
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Genesis signs deal with Methanex for natural gas supply
Genesis Energy's Tekapo B Power Station. Photo: Genesis Energy The power company, which owned the fossil fuel-fired Huntly Power Station, said the electricity market was under stress due to low hydro levels and tight gas supply. The power system relied on Huntly to fill the void left by renewable sources, with the capacity to produce energy equivalent to 84 percent of the storage capacity of Lake Taupō. Genesis said the deal with Methanex to provide natural gas would also mean lower carbon emissions for the country, with gas emitting approximately half the emissions of coal on an energy equ...
Source: rnz.co.nz
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Genesis reveals strongest half-year result since listing
Genesis Energy has posted a strong half year result.
Source: nzherald.co.nz