Expect higher generation costs: Genesis
Genesis says a lower gas supply will increase power generation costs.
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Latest fromGenesis Energy Limited
Build Partners collapse: Who wants $12.7m from construction company?
The amount is far worse than the approximately $5m initially thought to be owed.
Genesis cuts earnings forecast as Kupe well disappoints
Genesis' gas well in the Kupe field, KS-9, came up short.
Spark to take solar power from Genesis’ Lauriston project
Genesis Energy has signed up Spark to take power from its Laurison solar project.
Times Newspapers in liquidation, owes $962,000
IRD debts put at $475,000, unsecured creditors owed $433,000, staff are owed $51,000.
Editorial: NZ needs a sensible approach to ensure continuous power supply
OPINION: Hydro and wind power are all good until it doesn't rain or blow a gale.
Genesis to resume coal buying as gas shortage looms
Genesis Energy expects to be buying coal again by the end of the year.
Stock Takes: Market doldrums, big payday for UBS, banks to report
A struggling sharemarket is pricing in NZ interest rates staying higher for longer.
‘No fad’: The nitty-gritty of how Genesis is using gen AI
"It's not a fad." Getting to grips with generative AI, day-to-day.
Genesis' $104m solar project will power 13,000 homes
Genesis Energy marks start of $104m solar power project.
Genesis boss warns NZ's gas production is falling quickly but demand not
Genesis Energy says gas production is falling at a faster rate than forecasts.
Keeping the lights on after Gabrielle: Inside the Waikaremoana Power Scheme
For weeks after Cyclone Gabrielle, Hawke's Bay's power nearly all came from one place.
Property Insider: Contentious retirement village survey, who wants $500k+ from failed builder
More than 300 NZ retirement villages and 71 operators ranked according to best practice.
Market close: NZ stocks on firm note, reporting season disappoints
The NZ market eked out a slight gain despite a surge among international markets.
Genesis' first-half profit slides, but no price hikes planned
Lower rainfall and a major outage helped drive Genesis Energy's profit down sharply.
Wobbles for Air New Zealand and Qantas, good times for Auckland’s port and airport
It's often not sunny when company results are announced, but a few big firms defied gloom.
Genesis first-half profit zapped after Huntly outage
Lower hydro inflows and gas turbine wobbles impact Genesis Energy.
Genesis scholarships support Huntly students
Te Wharekura o Rakaumanga and Huntly College teachers selected 15 students.
After the rains: A return to normal for power company profits
The power sector is likely to report slightly reduced earnings for the December half year.
Iwi leader wins the right to sue seven big polluters
Mike Smith gets his day in court against seven major emitters.
Govt-owned Genesis, Saudis and Canadians build $104m solar farm
Canterbury is first, Northland is likely to be next.
Market close: Shares dip as interest rate cut question weighs on investors
Transport stocks were also under pressure after Maersk said it’s avoiding the Red Sea.
Sustaining the next generation
It’s a big job, but together we can help Aotearoa thrive.
Genesis CEO on risks in the electricity system
Johns says NZ demand for renewable energy is not growing 'anywhere near' fast enough.
Genesis Energy to use Kupe profits for strategic reset
The power generator has outlined a new strategic plan.
Meridian chairman: Sell these state assets
"The Crown can use those funds elsewhere."
NZ energy likely to change under National-led government
The energy sector is poised for a reversal of the oil and gas exploration ban.
Power move: Whanganui woman saves Rugby World Cup viewing
'We were all annoyed about the timing but Val was the one who got on the phone.'
Tūhoe claim Genesis management ‘far more destructive than Gabrielle’
Genesis Energy denies causing damage to the lake environment.
Genesis says up to 200 jobs could go after review
Genesis Energy said it's part of a strategy to simplify the company.
Genesis Energy board, CEO quizzed on soggy share price
Relative underperformance of share price put down to usage of fossil fuels.
Mood of the Boardroom: Energy security under threat - Genesis boss
MBIE estimates that generators will need to import gas in the next decade.
Renewables race: The $30b electricity transition
Why NZ power companies are undertaking a once in a generation infrastructure programme.
What the big power companies can teach NZ Inc
OPINION: The power companies have been a bright spot in the reporting season.