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24 Jan 2026 22:47
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  •   Home > News > Business

    Fears about power shortages appear to have prompted the latest agreement between the major power companies

    Fears about power shortages appear to have prompted the latest agreement between the major power companies

    13 February 2025
    Mercury, Meridian and Contact will work with Genesis Energy to look into options, to keep its Huntly Power Station operating longer than previously planned.

    Transpower has warned of more shortages this winter, similar to those experienced last year.

    JMI Wealth Director Andrew Kelleher says the power station is important for securing supply when the system's under stress.

    He says that includes periods of low rainfall or low wind, or the morning and afternoon winter peaks.

    © 2026 Newstalk ZB, NZCity


     Other Business News
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     23 Jan: We could see our interest rates rise sooner than we hoping for, after the latest increase in inflation
     23 Jan: Inflation's risen again - and is now back above the Reserve Bank's target range
     23 Jan: Digital ‘tokenisation’ is reshaping the global financial industry. Is NZ ready?
     Top Stories

    RUGBY RUGBY
    Olympian Sam Tanner has records in his sights ahead of this evening's mile race at Cooks Gardens in Whanganui More...


    BUSINESS BUSINESS
    US copied Iran's Shahed drones — now they are deployed in the Middle East More...



     Today's News

    Environment:
    MetService has issued watches for rain and wind 21:56

    Law and Order:
    An 18 year-old has been arrested and charged in relation to a spate of burglaries last night in Cambridge 21:16

    Tennis:
    Despite battling cramp on a sweltering day seven of the Australian tennis Open, reigning back-to-back men's champion Jannik Sinner is in the box seat to progress to the fourth round 18:56

    Politics:
    Two women believed to have been killed in the Mount Maunganui campground landslide were friends 18:36

    International:
    US looks to South Korea to take 'primary responsibility' in monitoring Kim Jong Un and North Korea 18:16

    Law and Order:
    Pakuranga College is paying tribute to two of its students caught in the Mount Maunganui landslide 18:06

    Rugby:
    Olympian Sam Tanner has records in his sights ahead of this evening's mile race at Cooks Gardens in Whanganui 17:46

    Law and Order:
    Police have released the full list pf names of the six people unaccounted for following the landslide at the Mount Maunganui Campground on Thursday 17:26

    Lower South Island:
    Southland rider Josh Burnett has banked his third career win in cycling's Tour of Southland, finishing safely in the peloton to take the overall title by 10 seconds from Cambridge's Matthew Wilson 17:06

    International:
    Human remains found as New Zealand landslide search moves to recovery 16:56


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