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17 Dec 2025 8:01
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      Home > News > Business

    Our largest electricity gentailer is welcoming two major announcements for the energy sector

    Our largest electricity gentailer is welcoming two major announcements for the energy sector


    The Government's announced it's widening the scope of its 200-million dollar co-investment fund, to support a broader range of projects.

    And the Commerce Commission has given final approval, for the big electricity gentailers, to build a coal stockpile at Genesis's Huntly Power Station.

    Genesis Chief Executive Malcolm Johns says the generation units at Huntly will no longer be retired.

    He says they give New Zealand another 10 years to solve the long term energy security issue.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     16 Dec: The Finance Minister's ruling out further cuts to new borrowing next year to get the Government books back to black
     16 Dec: Cocaine use continues to soar in New Zealand
     16 Dec: A new record median house price for Canterbury
     16 Dec: Consumer spending has been down for the first 14 days of December - 0.3 percent lower than last year
     16 Dec: The Government's making moves to acquire properties for North Canterbury's Woodend Bypass
     16 Dec: New data shows the service sector has now dipped in activity for six months in a row
     16 Dec: The services sector is blaming the weak economic environment for a downturn in activity
     Top Stories

    RUGBY RUGBY
    An Otago University student and rising rugby talent is recovering after a near-fatal fall from a Dunedin rooftop in September More...

    BUSINESS BUSINESS
    The Finance Minister's ruling out further cuts to new borrowing next year to get the Government books back to black More...


     Today's News

    		 Entertainment:
    Amanda Seyfried feels "protective" of Sydney Sweeney 7:50

     Health & Safety:
    Sick children face delays getting treatment at Dunedin Hospital, as its paediatric department struggles with staff shortages 7:47

     International:
    Today in History, December 17: Kim Jong-il's death kept secret 7:37

     Education:
    An Otago University student and rising rugby talent is recovering after a near-fatal fall from a Dunedin rooftop in September 7:37

     Accident and Emergency:
    Two climbers are missing at Aoraki Mount Cook for a third day, after failing to return from climbing one of New Zealand's most dangerous peaks 7:27

     Entertainment:
    Gwyneth Paltrow thinks she's been "really lucky" in her career 7:20

     Cricket:
    Jacob Duffy is relishing being the interim leader of the Black Caps pace attack 7:17

     Sailing:
    Kiwi sailor Andy Maloney is on the move in SailGP again, joining Artemis Sweden as flight controller 7:07

     Entertainment:
    Cynthia Erivo enters therapy after shooting a film 6:50

     Entertainment:
    Kimberly Wyatt never wanted to raise a family in Los Angeles - and the Anglophile singer now considers the UK to be her true home 6:20

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