Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Genesis Energy moves forward on Rodney Project

4 October 2005 Media Statement

Genesis Energy moves forward on Rodney Project

A step forward has been made by Genesis Energy on its path to providing electricity generation to its residential and commercial customers in the Rodney district and north of Auckland.

Genesis Energy today announced it has secured an option for an 18 hectare site adjacent to State Highway 16 between Helensville and Kaukapakapa for a proposed natural gas-fuelled power station. The station will have an ultimate capacity of 360MW and is scheduled to be commissioned for the summer of 2008/09.

The option to buy means Genesis Energy has reached an agreement with the property’s landowners to purchase the land should the project attain the necessary consents to proceed.

Genesis Energy has also engaged in discussions with Rodney District Council to ensure the project meets environmental standards and fits into the region’s infrastructure needs before beginning community consultation and the resource consent process.

Genesis Energy chief executive Murray Jackson is pleased to see the project moving ahead and believes the proposal that goes to the consent phase will have the backing of the community.

“We are set on making sure our proposed power station meets the expectations of Rodney’s residents and that we end up reaching an outcome that is agreeable to all parties,” said Mr Jackson.

In the process of planning new generation for the region, Genesis Energy investigated a wide range of generation types and settled on a natural gas-fuelled plant, reasons being, it is a highly efficient and reliable means of generating electricity, and is currently the best source of baseload generation.

Genesis Energy will shortly begin extended consultation with neighbours, the residents of Rodney, local iwi, environmental groups and other interested parties. This will allow the company to get a feel for important issues in the district and discuss the implications of the project with the local community. Provided community consultation is successful, the resource consent process will begin after consultation.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news