News | Business
2 Jan 2026 18:07
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    Major electricity companies are taking a big step today, towards protecting national energy security

    Major electricity companies are taking a big step today, towards protecting national energy security


    Under agreements made by Genesis with Mercury, Meridian and Contact - an emergency coal reserve is being established at Huntly Power Station.

    The Commerce Commission approved the deals in November.

    Genesis Chief Executive Malcolm Johns says they allow the company to make significant needed investment - to keep all generation units operating.

    He says units that were going into retirement will now be around for another decade.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     02 Jan: Fire and Emergency received 15 calls between 12pm and one - as crews took strike action
     02 Jan: Authorities are working to get to the bottom of a major cyber security breach which may have exposed the personal health data of tens of thousands of Kiwis
     01 Jan: Hopes the new vocational education model kicking in from today will put industry in the driver's seat
     01 Jan: New agreements take effect today - for a strategic coal reserve stockpile at Huntly Power Station
     31 Dec: A gang of thieves has made off with tens of millions of euros - after drilling into a German bank vault in a daring holiday heist
     31 Dec: Recognition for the lawyer behind class action against two major banks
     31 Dec: One of the country's newest knights says philanthropy gives him purpose
     Top Stories

    RUGBY RUGBY
    Wellington Blaze coach Jonny Bassett-Graham is certain Georgia Plimmer can maintain her great form...even without opening partner Amelia Kerr More...

    BUSINESS BUSINESS
    Fire and Emergency received 15 calls between 12pm and one - as crews took strike action More...


     Today's News

    		 Cricket:
    A washout in the men's Twenty20 Super Smash game between Auckland and Wellington at Eden Park outer oval 17:56

     Soccer:
    Embattled Wellington Phoenix coach Giancarlo Italiano is expecting his players to fire up this weekend 17:27

     Cricket:
    Outgoing Australian cricketer Usman Khawaja has let rip at how he was covered in the mainstream media during his test career 17:26

     Accident and Emergency:
    A teenager stuck in strong waters around New Plymouth has safely made it back to shore 15:27

     Soccer:
    Strasbourg manager Liam Rosenior is the favourite to take over as the new manager of English Premier League club Chelsea 14:56

     Environment:
    Severe weather's expected to batter Northland and Auckland until the evening 14:46

     Cricket:
    Usman Khawaja has sent a parting message to the media ahead of his retirement from international cricket 14:26

     International:
    Crans-Montana ski resort fire survivors say they were 'trapped' as Australian confirmed as being among injured 14:16

     Business:
    Fire and Emergency received 15 calls between 12pm and one - as crews took strike action 14:06

     Motoring:
    Kiwi pop band Drax Project started off 2026 with a car crash, in the Coromandel 13:46

     News Search




    Power Search

    © 2026 New Zealand City Ltd