Genesis Energy's Huntly portfolio displaying strong flexibility in FY25 Q3
Genesis Energy (NZX: GNE) has released its Q3 performance report for FY25, highlighting the Huntly portfolio's enhanced flexibility to manage renewable energy volatility. Preparations for winter 2025 have been a key focus, with Huntly Unit 1 scheduled to return from service in June. The coal stockpile was rebuilt to 474kt by quarter's end, with 735kt of future coal deliveries expected by August 2025. Negotiations are ongoing to maintain a third Huntly Rankine Unit out to around 2035.
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