Mentions of Genesis Energy in New Zealand Parliament debates
Genesis Energy has been mentioned in 110 parliamentary debates since November 2005.
Crown Entities Reform Bill
First Reading 4 Oct 2011
Hon RUTH DYSON
... were losing their jobs. The Minister came back with an extraordinary answer. She said that I should be aware that Genesis Energy had recently fronted up with some money to better support the blue duck. Well, that was extraordinary news. That was ...
... were losing their jobs. The Minister came back with an extraordinary answer. She said that I should be aware that Genesis Energy had recently fronted up with some money to better support the blue duck. Well, that was extraordinary news. ...
Estimates Debate - In Committee
In Committee 9 Aug 2011
Hon HEKIA PARATA
... ensured that there is better competition in the South Island by transferring Tekapō A and Tekapō B from Meridian to Genesis Energy. On the demand side, many members will have observed and, I hope, participated in the What’s My Number campaign, which ...
... ensured that there is better competition in the South Island by transferring Tekapō A and Tekapō B from Meridian to Genesis Energy. On the demand side, many members will have observed and, I hope, participated in the What’s My Number campaign,...
General Debate 15 Jun 2011
Dr JACKIE BLUE ...vernment’s majority share in Air New Zealand. We plan to offer investors shares in Meridian Energy, Mighty River Power, Genesis, Solid Energy, and Air New Zealand. This will free up between $5 billion and $7 billion to pay for new public assets ...
Budget Debate 9 Jun 2011
CHARLES CHAUVEL ... the debate, I was talking about the proposal in the Budget to privatise the power companies Meridian Energy, Genesis Power, and Mighty River Power, and also to sell the stake in Air New Zealand. I was setting out why Labour thought ...
Budget Debate 8 Jun 2011
CHARLES CHAUVEL
... of the Budget that concerns me the most. It is the proposal to sell off stakes in Air New Zealand, Meridian Energy, Genesis Energy, Mighty River Power, and Solid Energy.
... of the Budget that concerns me the most. It is the proposal to sell off stakes in Air New Zealand, Meridian Energy, Genesis Energy, Mighty River Power, and Solid Energy.
Budget Debate 7 Jun 2011
BRENDON BURNS
... the assertion that the Government wants to go down the track of selling 49 percent of State assets Meridian Energy, Genesis Energy, Mighty River Power, Solid Energy, and Air New Zealand. I put on record my opposition to those sales, and say that in ...
... the assertion that the Government wants to go down the track of selling 49 percent of State assets Meridian Energy, Genesis Energy, Mighty River Power, Solid Energy, and Air New Zealand. I put on record my opposition to those sales, and say ...
Taxation (Annual Rates and Budget Measures) Bill
In Committee 20 May 2011
BRENDON BURNS ... members think it is bad enough putting into hock State-owned enterprises like Meridian Energy, Might River Power, and Genesis, they will see nothing in comparison, in terms of public revolt, if the Government tries to sell the assets of ...
Third Reading 20 May 2011
Hon DAVID CUNLIFFE
... makes people pay twice for things they already own. Every New Zealander owns Mighty River Power, Meridian Energy, Genesis Energy, and 80 percent of Air New Zealand. New Zealanders own them already. They do not need to buy them twice, and of course ...
... makes people pay twice for things they already own. Every New Zealander owns Mighty River Power, Meridian Energy, Genesis Energy, and 80 percent of Air New Zealand. New Zealanders own them already. They do not need to buy them twice, and ...
BRENDON BURNS ... down of half of some of the major assets currently held by the Crown. We look at Mighty River Power, Meridian Energy, Genesis, Solid Energy, and Air New Zealand as being the principal assets that we hold, and we say it is absolutely essential ...
Budget Statement - Budget Debate
Budget Debate 19 May 2011
Hon BILL ENGLISH ...='1ex' class="Incorporation">The Government therefore intends to apply the Mixed Ownership Model to Mighty River Power, Genesis Energy, Solid Energy and Meridian Energy, along with reducing its shareholding in Air New Zealand, starting in 2012.
The Government therefore intends to apply the Mixed Ownership Model to Mighty River Power, Genesis Energy, Solid Energy and Meridian Energy, along with reducing its shareholding in Air New Zealand, starting in 2012. <...
Education
Early Childhood Education Facilities—Weymouth Primary School Centre 17 May 2011
Louisa Wall What impact does the Minister think these delays will have on 3-year-old Genesis Tupai and 4-year-old Daisy Broughton, who featured on Campbell Live last night and who are currently not enrolled in ...
General Debate 4 May 2011
Hon NANAIA MAHUTA ... is not a long-term solution that will help them. The Government wants to sell Meridian Energy, Mighty River Power, Genesis Power, Solid Energy—
Debate on Prime Minister’s Statement 10 Feb 2011
PHIL TWYFORD ... owned enterprises is a scam on the people of New Zealand. It is a fraud; we already own Meridian Energy, Solid Energy, Genesis, and Mighty River Power. Let us look at what Mr Key said in his Prime Minister’s speech to this House. Mr Key said ...
Debate on Prime Minister’s Statement 8 Feb 2011
Rt Hon JOHN KEY ... on mixed-ownership models whereby we will be looking to control 51 percent of Meridian Energy, Mighty River Power, Genesis, and Solid Energy. Let us understand the tests in those models. The first test is that the Crown will always, as a ...
Hon PAREKURA HOROMIA
... Let us talk about the power prices that he talked about in relation to the figure of 9 percent. Is it not funny that Genesis Energy recently increased its prices to consumers in Gisborne by 10 percent? That came on top of the 2.5 percent rise in GST. ...
... Let us talk about the power prices that he talked about in relation to the figure of 9 percent. Is it not funny that Genesis Energy recently increased its prices to consumers in Gisborne by 10 percent? That came on top of the 2.5 percent rise ...
CHRIS AUCHINVOLE ... I heard the Prime Minister say he was looking at a proposal for a partial sell-down in Solid Energy, Meridian Energy, Genesis, and Mighty River Power. Mixed ownership, a partial sell-down, and a guaranteed 51 percent Government investment—it ...
Estimates Debate - In Committee
In Committee 27 Jul 2010
Hon NANAIA MAHUTA ... impacts like power prices. What is the Minister’s track record on listening to these concerns? In December 2008 Genesis increased prices by up to 9 percent, and John Key said he was disappointed. In February 2009 Meridian Energy ...
Debate on Crown Entities, Public Organisations, and State Enterprises - In Committee
In Committee 29 Jun 2010
Genesis Power Ltd
Hon CLAYTON COSGROVE ... and it is reluctant to use taxpayers’ money, so these assets should go on the block. It is interesting to look at Genesis Power. In February 2010 Genesis Power announced a $64.6 million half-year profit. Given that demand for electricity ...
Hon CLAYTON COSGROVE ... poll in which 80 percent of New Zealanders said they did not want their remaining assets such as Crown entities like Genesis Power sold—full stop, end of story, game over. I make a prediction that two things will happen. The Government will ...
Hon DAVID CUNLIFFE ... is one of the three State-owned power generators and is subject to some very similar issues to those debated in the Genesis Power debate. I refer back to the previous Government speaker, Gerry Brownlee, who said in respect of the Government’s...
Hon DAVID CUNLIFFE ... not in New Zealand’s interests to sell Kiwibank, just as it is not in New Zealand’s interest to sell Meridian Energy, Genesis, or Mighty River Power, because those are crucial, strategic, monopoly assets in New Zealand. It is a sham that the ...
JOHN BOSCAWEN ... State—a record year. I say that because I believe that Government-owned electricity generators Mighty River Power, Genesis, and Meridian Energy will make more money than they have ever made before. In 2 days’ time we will have the emissions ...
JOHN BOSCAWEN ... Mercury is actually increasing the price by less. We ain’t seen nothing yet. What will drive those increases will be Genesis and Contact Energy, and particularly Genesis because it burns coal and gas. Genesis is sitting on a 1 million tonne ...
Electricity (Renewable Preference) Amendment Bill 2010
First Reading 16 Jun 2010
JONATHAN YOUNG ... alternate gas supplies when they thought that the gas supply in New Zealand was going to diminish. Contact Energy and Genesis at that particular point in time looked at importing gas. Interestingly enough they looked at liquefied natural gas (LN...
Carter Observatory Act Repeal Bill
Third Reading 26 May 2010
JOHN BOSCAWEN
... on the Waikato River. However, it has said that it will increase the wholesale price of electricity because Genesis Energy will pay for those emissions and will force up the wholesale price. As a consequence, Mercury Energy can go out to its ...
... on the Waikato River. However, it has said that it will increase the wholesale price of electricity because Genesis Energy will pay for those emissions and will force up the wholesale price. As a consequence, Mercury Energy can go ...
Budget Statement - Budget Debate
Budget Debate 20 May 2010
Dr RUSSEL NORMAN ...Sale” sign over our State-owned assets, such as Air New Zealand, Television New Zealand, Solid Energy, Meridian Energy, Genesis, New Zealand Post, and the Accident Compensation Corporation. John Key blames tax loopholes for his decision to ...
Smart Meters (Consumer Choice) Bill
First Reading 5 May 2010
CLARE CURRAN ... a stream of State-owned electricity companies came before the committee for their financial reviews: Meridian Energy, Genesis, Mighty River Power, Transpower, and the Electricity Commission. I asked every one of them the same question, and I ...
Environment Canterbury (Temporary Commissioners and Improved Water Management) Bill
In Committee 31 Mar 2010
JOHN BOSCAWEN ... and Windfall Profits from Water Management) Bill”. I say that simply because from 1 July companies such as Genesis will add a 5 percent increase to their power prices because they produce power from coal and gas. They will have to ...
Third Reading 31 Mar 2010
JOHN BOSCAWEN ... a 5 percent increase in the price of electricity without paying for any emissions, which their competitors, like Genesis Power, will have to do with regard to thermal energy. We will see windfall profits. We know the profits that ...
Children, Young Persons, and Their Families (Youth Courts Jurisdiction and Orders) Amendment Bill
In Committee 17 Feb 2010
Hon PAULA BENNETT ... focus groups with organisations that are used to working with these people. We heard from the University of Auckland, Genesis Trust, the Ōtara Boards Forum, and many other organisations. The group met three times to talk about what the ...
Electricity Industry Bill
Third Reading 23 Sep 2010
Hon JOHN CARTER ... to compete nationwide. This is being done by transferring the Tekapō A and Tekapō B stations from Meridian Energy to Genesis Power, and through virtual asset swaps between three State-owned enterprises via long-term hedge contracts. We are ...
CHRIS HIPKINS
... us be clear what this bill is all about. Firstly, it is about making the State-owned enterprises Meridian Energy and Genesis Energy more attractive for privatisation. The rearrangement of the assets is all about making them more attractive for ...
... us be clear what this bill is all about. Firstly, it is about making the State-owned enterprises Meridian Energy and Genesis Energy more attractive for privatisation. The rearrangement of the assets is all about making them more attractive ...
Dr KENNEDY GRAHAM ... it will reconfigure some of the assets of the three State-owned enterprises—Meridian Energy, Mighty River Power, and Genesis—amongst themselves. The Finance and Expenditure Committee heard 91 submissions. Many opposed provisions of the bill ...
In Committee 21 Sep 2010
Hon GERRY BROWNLEE
... more choice for people in that city than there is at the moment. That choice is driven directly out of the ability of Genesis Energy to ensure its own supply into that market.
On the issue of sustainability, I say that we were recently able to ...
... more choice for people in that city than there is at the moment. That choice is driven directly out of the ability of Genesis Energy to ensure its own supply into that market.
On the issue of sustainability, I say that we were recently able ...
CHRIS HIPKINS ... suppliers, and that is a major problem. At my house, which I moved into a year ago, the meter was installed by Genesis, but I have my power with Meridian Energy. Meridian Energy cannot access the technology in the smart meter that is in ...
Hon DAVID PARKER ... its rhetoric is about its desire to control power prices, because that is all it needed to do. It could have said to Genesis, or Meridian, or Mighty River Power, or all of them, exactly what the Labour Government had already said to Transpower,...
AARON GILMORE ... changes that have occurred in the marketplace to date that this bill will help enhance. Where I live in Christchurch, Genesis Power is going around actively campaigning for people to sign up with it, giving people $200 or $300 price discounts ...
Hon DAVID PARKER ... company, namely Meridian Energy Ltd, to give up some of its power stations on the Waitaki River and transfer them to Genesis Power Ltd. That means that we will have less efficient use of the resource.
Hon DAVID PARKER ... we have to contrive its improvement through the forced sale of assets in a nonsensical way, from Meridian Energy to Genesis, then we will ruin the Meridian brand, which is currently 100 percent renewables in respect of its own generation. ...
RAHUI KATENE
... this part of the bill. When the bill proposed to transfer ownership of both Tekapō A and Tekapō B power stations to Genesis Energy from Meridian Energy, Ngāi Tahu went on to high alert. Aoraki is the sacred mountain range and Waitaki is the ...
... this part of the bill. When the bill proposed to transfer ownership of both Tekapō A and Tekapō B power stations to Genesis Energy from Meridian Energy, Ngāi Tahu went on to high alert. Aoraki is the sacred mountain range and Waitaki is the ...
CHRIS HIPKINS
... Changing that system could result in potential losses of efficiency, conflict of interest between Meridian Energy and Genesis Energy during periods of low demand, reduced security of supply and reduced flood management. The transfer will require ...
... Tekapō A and Tekapō B out of the Meridian Energy - controlled Waitaki water catchment system and handing them over to Genesis will improve the situation. In fact, quite a lot of advice and evidence suggests otherwise. Even Treasury did not ...
CHRIS HIPKINS ... for some of what they are doing. They know there is no justification for the asset swaps between Meridian Energy and Genesis Power. They have not had the commercial business case and analysis done to prove that it is worthwhile. They know ...
Second Reading 20 Jul 2010
Hon GERRY BROWNLEE ... they own. The asset transfers include transferring Tekapō A and Tekapō B power stations from Meridian Energy to Genesis; transferring Whirinaki power station, currently owned by the Government for reserve purposes, to Meridian Energy; ...
CHRIS HIPKINS ... such as saying: “Meridian have been allowed to play with the Waitaki for a little while so now we’ll give it to Genesis and let them have a play with it.” We are talking about multimillion-dollar assets, and the least that the New ...
JOHN BOSCAWEN
... are State-owned enterprises, and two are privately owned. The three State-owned enterprises are Mighty River Power, Genesis Energy, and Meridian Energy.
The make-up of those companies is fundamental to this bill, which is why I think it is ...
... transfer of the ownership of the Tekapō A and Tekapō B power stations on the Waitaki River from Meridian Energy to Genesis Power. Secondly, it provides for a swap market—or a virtual asset swap, if you like—to provide forward electricity ...
JOHN BOSCAWEN ... we were talking about the structure of the New Zealand electricity industry. I was pointing out to the House that Genesis is our most expensive generator. Over 80 percent of the time it sets the wholesale price of electricity that all of ...
AMY ADAMS ... sure that the mechanics of the assets swap, in terms of the transfer of Tekapō A and Tekapō B from Meridian Energy to Genesis Power, would work properly and ensure in particular that third-party users of the Waitaki River system would not be ...
BRENDON BURNS ... power stations from Meridian Energy’s ownership and puts them into the ownership of its rival State-owned enterprise, Genesis. Mr Lusk—with not the most convincing body language, I have to say—said yes, Meridian Energy did support this to a ...
BRENDON BURNS ... with this whimsical scheme, which supposedly will deliver huge competition on the basis of an asset swap that gives Genesis some of the supply from the Tekapō scheme. That will mean at the other end of the deal that Meridian Energy, which ...
CHRIS AUCHINVOLE
... thus far have gone up by only 2.9 percent—2.9 percent—over the year from May 2009-10. If I throw in the facts that Genesis Energy is now offering very competitive rates in parts of the South Island where it has previously never competed before, and ...
... thus far have gone up by only 2.9 percent—2.9 percent—over the year from May 2009-10. If I throw in the facts that Genesis Energy is now offering very competitive rates in parts of the South Island where it has previously never competed ...
Hon DAVID PARKER ... efficient use of the water is nonsensical, and that is the greatest flaw of this bill. It forces Tekapō to be sold to Genesis or given to Genesis in an asset swap. It means that that water does not flow through Tekapō, the Pukaki, the Ōhau ...
First Reading 15 Dec 2009
Hon GERRY BROWNLEE ... retailers. The Tekapo A and Tekapo B stations, currently owned by Meridian Energy, are proposed to be transferred to Genesis Power. This will improve the geographic balance of the State-owned enterprises by giving Genesis Power a generation ...
Hon DAVID PARKER ... only if its customers agreed that the upgrade was necessary. It was a nonsense. Meridian Energy, Mighty River Power, Genesis, TrustPower, and Contact Energy would never agree. As a consequence, TrustPower never had any confidence that it ...
DAVID CLENDON ... inadequate to prevent the consenting of some projects, like the wholly unsustainable Rodney Power Station proposed by Genesis. The residents and other objectors very early in that process recognised there could be no certainty of gas supply to ...
Climate Change Response (Moderated Emissions Trading) Amendment Bill
In Committee 25 Nov 2009
JOHN BOSCAWEN ... to 2050 that some billions of dollars will be paid by ordinary New Zealanders. To whom? To the shareholders of Genesis and Meridian Energy, which is us, and to the shareholders of Contact Energy and TrustPower. So it is little wonder ...
In Committee 25 Nov 2009
JOHN BOSCAWEN
... on its emissions from its thermal power plants. That has the effect of costing Contact Energy—and another example is Genesis Energy, in respect of the Huntly power station—more to generate that electricity. It has been estimated that at $25 a tonne ...
... on its emissions from its thermal power plants. That has the effect of costing Contact Energy—and another example is Genesis Energy, in respect of the Huntly power station—more to generate that electricity. It has been estimated that at $25 a ...
In Committee 24 Nov 2009
JOHN BOSCAWEN ... audacity to come into this Chamber and talk about subsidies. Who are we subsidising? We are subsidising the owner of Genesis, we are subsidising the owner of Meridian Energy, we are subsidising the shareholders in TrustPower, and we are ...
Settlement Systems, Futures, and Emissions Units Bill
Second Reading 28 Oct 2009
JOHN BOSCAWEN ... windfall profits. So TrustPower, which owns a suite of hydro dams and is a company in private ownership, along with Genesis and the Meridian Energy, which are both companies that are State-owned enterprises and also have a suite of hydro ...
Questions to Ministers - Question No. 4 to Minister
Question No. 4 to Minister 24 Mar 2009
JEANETTE FITZSIMONS
I seek leave to table two documents. The first is a letter from Genesis Energy to the Electricity Commission, which is the source of one of those quotes I used. The other is from Genesis Energy to ...
I seek leave to table two documents. The first is a letter from Genesis Energy to the Electricity Commission, which is the source of one of those quotes I used. The other is from Genesis ...
Energy and Resources
Hydro-electricity Dams, Waitaki River—Sale by Meridian Energy to Genesis Energy 6 Sep 2011
Hon DAVID PARKER
... Government’s decision to require Meridian Energy to sell some of its hydro-electricity dams on the Waitaki River to Genesis Energy, and how have the proceeds of the sale been used?
... Government’s decision to require Meridian Energy to sell some of its hydro-electricity dams on the Waitaki River to Genesis Energy, and how have the proceeds of the sale been used?
Hon David Parker
Could steps like the requirement to sell those assets from Meridian Energy to Genesis Energy have been taken if Meridian Energy and Genesis Energy had been in partial private ownership; if so, how would the ...
Could steps like the requirement to sell those assets from Meridian Energy to Genesis Energy have been taken if Meridian Energy and Genesis Energy had been in partial private ownership; if so, how would ...
Hon David Parker
Is the Minister, then, now admitting that following the privatisation of shares in Meridian Energy and Genesis Energy, the Government’s ability to intervene in the market in order to get better prices is to be constrained?
Is the Minister, then, now admitting that following the privatisation of shares in Meridian Energy and Genesis Energy, the Government’s ability to intervene in the market in order to get better prices is to be constrained?
Electricity—Prices 5 May 2011
Hon David Parker
... either formally or informally, whether the Electricity Authority will overturn the extra $57 million charged by Genesis Energy for electricity over a mere 7-hour period on 25 and 26 March; if so, what is that decision?
... either formally or informally, whether the Electricity Authority will overturn the extra $57 million charged by Genesis Energy for electricity over a mere 7-hour period on 25 and 26 March; if so, what is that decision?
Hon David Parker
Has the Minister been advised whether the Electricity Authority will overturn the extra charging by Genesis Energy?
Has the Minister been advised whether the Electricity Authority will overturn the extra charging by Genesis Energy?
Hon David Parker
Does the Minister expect Parliament to believe that she did not learn from Mr Layton yesterday whether Genesis Energy will be forced not to charge that additional $57 million?
Does the Minister expect Parliament to believe that she did not learn from Mr Layton yesterday whether Genesis Energy will be forced not to charge that additional $57 million?
Hon David Parker
... with Mr Layton yesterday, she did not learn whether the authority will overturn the payment of the charges by Genesis Energy?
... with Mr Layton yesterday, she did not learn whether the authority will overturn the payment of the charges by Genesis Energy?
Hon David Parker
... either formally or informally, whether the Electricity Authority will overturn the extra $57 million charged by Genesis Energy for electricity over a mere 7-hour period on 25 and 26 March this year?
... either formally or informally, whether the Electricity Authority will overturn the extra $57 million charged by Genesis Energy for electricity over a mere 7-hour period on 25 and 26 March this year?
Power Prices—Minister’s Statement 21 Oct 2010
Hon Nanaia Mahuta
... advice, then, does the Minister have for a New Plymouth consumer like Mrs Joann Farley, who got a nasty surprise from Genesis Energy, which charged her 15 percent GST on her power bill for the September period?
... advice, then, does the Minister have for a New Plymouth consumer like Mrs Joann Farley, who got a nasty surprise from Genesis Energy, which charged her 15 percent GST on her power bill for the September period?
Hon Nanaia Mahuta
... advice does the Minister have for another New Plymouth consumer, Mr Gowan Duff, who got an even nastier surprise from Genesis Energy, which charged him 15 percent GST on his power bill for the months of August and September?
... advice does the Minister have for another New Plymouth consumer, Mr Gowan Duff, who got an even nastier surprise from Genesis Energy, which charged him 15 percent GST on his power bill for the months of August and September?
Electricity—Prices 23 Sep 2010
Hon Nanaia Mahuta
Is the 12 percent electricity price rise that Gisborne households will incur from Genesis Energy from October the “slower rate of increase” that households should expect under the Minister’s watch?
Is the 12 percent electricity price rise that Gisborne households will incur from Genesis Energy from October the “slower rate of increase” that households should expect under the Minister’s watch?
Power Prices—Measures to Address Excessive Increases 1 Jul 2010
Hon Dr NICK SMITH The Government is closely monitoring power price rises. We note that Meridian Energy, Genesis, and TrustPower have signalled no immediate price increase for consumers, and they collectively amount to over 50 ...
Hon Nanaia Mahuta How can consumers be confident that his persuasive powers will keep power prices down, given that Genesis, Contact Energy, and TrustPower all hiked prices by between 5 and 8.4 percent shortly after his warning to the ...
Electricity—Number of Households Changing Suppliers, March 2010 6 May 2010
Hon GERRY BROWNLEE ... the expert advisory group. It has agreed to reallocate Tekapo A and Tekapo B power stations from Meridian Energy to Genesis Power and to create virtual asset swaps amongst State-owned generators to facilitate a better market. The benefits ...
Kupe Gas Project—Benefits 18 Mar 2010
Charles Chauvel
... energy supply crisis, is he concerned that, despite having a contractor take all the gas that Kupe field can produce, Genesis Energy recently told the Commerce Committee that after 2016—
... energy supply crisis, is he concerned that, despite having a contractor take all the gas that Kupe field can produce, Genesis Energy recently told the Commerce Committee that after 2016—
Charles Chauvel
... is the Minister concerned at all, despite having a contract to take all the gas that the Kupe field can produce, that Genesis Energy recently told the Commerce Committee that after 2016 it does not have enough gas to run its existing gas-fired power ...
... is the Minister concerned at all, despite having a contract to take all the gas that the Kupe field can produce, that Genesis Energy recently told the Commerce Committee that after 2016 it does not have enough gas to run its existing gas-fired ...
Power Prices—Reduction 25 Feb 2010
Hon GERRY BROWNLEE
... that will beef up competition include the transfer of Tekapo A and Tekapo B power stations from Meridian Energy to Genesis Energy; requiring all major electricity generators to put in place an accessible electricity hedge market; allowing lines ...
... that will beef up competition include the transfer of Tekapo A and Tekapo B power stations from Meridian Energy to Genesis Energy; requiring all major electricity generators to put in place an accessible electricity hedge market; allowing ...
Electricity Market—Performance 9 Dec 2009
Hon GERRY BROWNLEE
... that I have announced today include transferring the Tekapo A and Tekapo B power stations from Meridian Energy to Genesis Energy; Meridian Energy, Genesis Energy, and Mighty River Power undertaking long-term hedge contracts for supply; requiring ...
... that I have announced today include transferring the Tekapo A and Tekapo B power stations from Meridian Energy to Genesis Energy; Meridian Energy, Genesis Energy, and Mighty River Power undertaking long-term hedge contracts for supply; ...
Electricity—Production and Delivery to Consumers 1 Apr 2009
Jeanette Fitzsimons Is the Minister concerned that the $74 million that Genesis has spent on planning for the Rodney gas-fired power station—which even it admits will probably never be built—actually...
Hon GERRY BROWNLEE The decisions around the Genesis proposals are operational matters and are not for any Minister to make, but what I would say is that the decision to ...
Energy Strategy—Goals 1 Apr 2009
Hon GERRY BROWNLEE ... generation that came on stream was generated from thermal sources. The Labour Government gave a gas guarantee to Genesis so that it could build the new, 385-megawatt gas-fired station at Huntly, and electricity generated from coal grew ...
Biofuels—Exemption from Excise and Road-user Charges 10 Mar 2009
Charles Chauvel
... consider bringing forward the building of the Rodney power station, at a cost of over half a billion dollars, when Genesis Energy told the Electricity Commission on 4 December last year that the plant had no resource consents, no gas pipeline ...
... consider bringing forward the building of the Rodney power station, at a cost of over half a billion dollars, when Genesis Energy told the Electricity Commission on 4 December last year that the plant had no resource consents, no gas ...
Charles Chauvel
I seek leave to table a letter from Genesis Energy to the Electricity Commission, dated 4 December 2008, which notes that the proposed Rodney power station has no ...
I seek leave to table a letter from Genesis Energy to the Electricity Commission, dated 4 December 2008, which notes that the proposed Rodney power station has ...
Electricity (Renewable Preference) Repeal Bill
Third Reading 18 Dec 2008
JEANETTE FITZSIMONS ... that told it what the next best thing to build was and the next best thing to run. We simply would not have got a Genesis Kaipara power station proposed under that situation. But, because we now have a competitive market, Genesis—because ...
JEANETTE FITZSIMONS ... person in one of the other generators that had they gone to their board with a business case like the one for the Genesis power station in Kaipara, it would have been their last board meeting. But it seems that a State-owned enterprise can ...
JONATHAN YOUNG ... 40 percent higher than that of indigenous gas. We can thank the last Government for that. We need to understand that Genesis, which proposed this, comes under the auspices of the Government. I would like to know why the former Minister did ...
In Committee 17 Dec 2008
Hon DAVID PARKER
... the Minister is part of the Government that owns on behalf of the taxpayer the major State-owned enterprises like Genesis Energy, Mighty River Power, and Meridian, which produce about two-thirds of New Zealand’s power. I ask why the Government ...
... have now got ourselves into because of the ridiculous so-called reforms of the Bradford years, and the plan now for Genesis to build more facilities using gas.
I ask one other question of the Minister in the chair, Gerry Brownlee. Last ...
Second Reading 17 Dec 2008
Hon DAVID PARKER ... that into electricity. We’re going to invest in a gas-fired power station.” If the Government is silly enough to let Genesis proceed with Rodney—it never came to the previous Government for shareholder approval, and probably would not have ...
Hon NANAIA MAHUTA ... Zealand said, in respect of this move by the Government: “The government will face more big power price hikes like Genesis’s 9 per cent rise unless it acts quickly to encourage more renewable generation,”. That remark was made today by the ...
JEANETTE FITZSIMONS ... Dr Nick Smith said in his first reading speech on the bill, because it was a very significant few words. He said “the genesis of this bill” several times. We know about the genesis of this bill; we know that Genesis was the genesis of this ....
Third Reading 17 Dec 2008
Hon GERRY BROWNLEE
... of trumpeting, the Government backed the development of the e3p plant at Huntly by underwriting a gas contract for Genesis Energy. That is a thermal plant built by a Government that was so committed to renewable energy. As if that was not enough, ...
... of trumpeting, the Government backed the development of the e3p plant at Huntly by underwriting a gas contract for Genesis Energy. That is a thermal plant built by a Government that was so committed to renewable energy. As if that was not ...
Hon GERRY BROWNLEE ... the establishment of the Electricity Commission, the man who made the decision to underwrite the gas contract for Genesis, and the man who made the decision to build Whirinaki—says he is going to stand up in a minute and give us a history ...
First Reading 17 Dec 2008
JEANETTE FITZSIMONS ... if anything goes wrong with them. Leaving aside the question of the risks of an LNG plant, I say that if we allow Genesis and Contact Energy to build an LNG reception plant in New Plymouth we will link the price of all electricity in New ...
RAHUI KATENE
... who are pushing boundaries and taking on the world of science, research, and technology. The event, hosted by Genesis Energy, included a project from Jake Martin of Cambridge High School. He explored the possibility of turning biomass energy ...
... who are pushing boundaries and taking on the world of science, research, and technology. The event, hosted by Genesis Energy, included a project from Jake Martin of Cambridge High School. He explored the possibility of turning biomass ...
Hon NANAIA MAHUTA ... a meeting to discuss local issues before the election. These include energy and climate change policy relating to the Genesis energy proposal to build a non-renewable energy gas-fired power station at Kaukapakapa. After the election, it is too ...
JONATHAN YOUNG ... built under the last Government’s oversight—are gas-fired thermal plants. The major players that this affects are Genesis and Contact Energy, which have embarked on a project to now import liquefied natural gas (LNG) in order to secure ...
Reinstatement of Business 9 Dec 2008
Genesis Power Limited
State Services
Crown-connected Organisations—Board Appointments 11 Sep 2008
Gerry Brownlee ... boards of important Crown entities like the New Zealand Transport Agency, the Auckland Regional Transport Authority, Genesis Power, GNS Science, and ONTRACK; if so, can he explain why the President of the Labour Party, Mr Mike Williams, who ...
Gerry Brownlee ... when Mr Williams was appointed to the New Zealand Transport Agency, the Auckland Regional Transport Authority, Genesis Power, GNS Science, and ONTRACK, or was it that he “doesn’t take a breath without Helen’s say-so” or that “he’s a ...
General Debate 10 Sep 2008
DARIEN FENTON ... Even in his own electorate of Helensville, which I have a small interest in at the moment, he is not fronting up. Genesis wants to build a monstrous great thermal power station in their backyard, and the residents are very concerned about ...
Electricity Industry Reform Amendment Bill 2007
Second Reading 5 Sep 2008
PETER BROWN ... the feasibility of amalgamating the three State-owned generators—that is, Mighty River Power, Meridian Energy, and Genesis Power. New Zealand First members want to give consideration to the feasibility of amalgamating those three. To answer ...
In Committee 5 Sep 2008
LINDSAY TISCH ... opportunity to articulate the Government’s point of view if he wants to take a call. Here is another one under gas—Genesis Power at the Huntly project in 2004 had 40 megawatts. I was fortunate to be there for the commissioning when that ...
Third Reading 5 Sep 2008
PETER BROWN ... old ECNZ days. Indeed, as I said earlier, there are people in New Zealand First who want us to look at amalgamating Genesis, Mighty River Power, and Meridian Energy into the old ECNZ, if for no other reason than that there would be only one ...
Climate Change (Emissions Trading and Renewable Preference) Bill
In Committee 2 Sep 2008
Hon GEORGINA TE HEUHEU ... been directly funded by a consumer levy, and the massive new 385-megawatt e3p combined-cycle gas turbine built by Genesis was, unusually, underwritten by the Government. Of the new generation built by this Government, 75 percent has been ...
JEANETTE FITZSIMONS ... which define a peaking plant. The section we could not make any progress with, and which is the out clause for Genesis, is new section 62G(1)(e), which says that if one is retiring some other fossil-fuelled plant then one can build a ...
SANDRA GOUDIE ... been directly funded by a consumer levy, and the massive new 385-megawatt e3p combined-cycle gas turbine built by Genesis was, unusually, underwritten by the Government. Of course, the current Minister of Finance, Dr Michael Cullen, thinks ...
Second Reading 28 Aug 2008
Hon TARIANA TURIA
... supporting the bill today, we look forward to learning more about this matter.
Three months ago two executives of Genesis Energy flew to Europe on a shopping trip to buy carbon credits. The writing was on the wall. How will Genesis respond to the ...
... supporting the bill today, we look forward to learning more about this matter.
Three months ago two executives of Genesis Energy flew to Europe on a shopping trip to buy carbon credits. The writing was on the wall. How will Genesis respond ...
Finance
State-owned Assets, Sales—Parameters 7 Sep 2011
Hon BILL ENGLISH ... member is talking about, at least $500 million is a one-off capital release as a result of the sale of assets between Genesis and Meridian Energy. The fact is that until this Government came into office and lifted the performance of these State-...
State-owned Assets, Sales—Ownership of Shares 6 Sep 2011
Hon David Cunliffe ...“2 Percent” reassessed the business case for asset sales in light of the increased $900 million in dividends, excluding Genesis, which is yet to report; and can he confirm that this recent increase in the dividend stream would be lost to the New ...
Hon David Cunliffe ... that that is a number the Minister is well acquainted with, has he revised downwards the expected proceeds of selling Genesis, Meridian Energy, and Mighty River Power; if so, by how much?
State-owned Assets—Crown Equity in Energy Companies and Air New Zealand 16 Jun 2011
Hon DAVID PARKER What was the combined increase in the value of the Crown’s equity in Meridian, Mighty River Power, Solid Energy, Genesis and Air New Zealand for each of the last five years?
State-owned Assets, Sales—Investment Protocol with Australia 15 Feb 2011
Dr RUSSEL NORMAN
... stop Australians from buying shares in New Zealand State-owned assets such as Meridian Energy, Mighty River Power, Genesis Energy, and Solid Energy, should a future Government privatise them?
... stop Australians from buying shares in New Zealand State-owned assets such as Meridian Energy, Mighty River Power, Genesis Energy, and Solid Energy, should a future Government privatise them?
Domestic Savings—Promotion 7 Aug 2008
Hon Dr MICHAEL CULLEN ... that Kiwibank is a non-core asset, that KiwiRail is a non-core asset, that Transpower is a non-core asset, that Genesis is a non-core asset, and so on, that is a very fascinating view and we have at last found the weasel words that ...
Commerce
Competition Law—Crown Companies 14 May 2008
Hon LIANNE DALZIEL
... will see State-owned enterprises and Crown research institutes other than Meridian Energy, Mighty River Power, and Genesis Energy treated as interconnected bodies in terms of the Act. This is a very positive announcement in terms of the potential ...
... will see State-owned enterprises and Crown research institutes other than Meridian Energy, Mighty River Power, and Genesis Energy treated as interconnected bodies in terms of the Act. This is a very positive announcement in terms of the ...
Justice
Election Advertising—Departmental Material 15 Apr 2008
Hon Bill English Can the Minister give the House a reassurance that Mr Mike Williams, who is also a member of the boards of Genesis, ONTRACK, which is the company that owns the railway tracks, the Auckland Regional Transport Authority, GNS Science, ...
Maiden Statement 1 Apr 2008
SU’A WILLIAM SIO ... that work extremely hard to provide leadership and opportunities for our youth. Youth projects such as 274, the Genesis Youth Project, and Mangare Making a Difference provide face to face engagement, with positive results. The Gifted ...
State Owned Enterprises
Genesis Energy, Board—Confidence 24 Mar 2009
JEANETTE FITZSIMONS
Does he have confidence in the board of Genesis Energy?
Does he have confidence in the board of Genesis Energy?
Jeanette Fitzsimons
How can the Minister have confidence in the board of Genesis Energy, when it told the Rodney District Council that it had “sufficient gas arrangements” to operate the proposed Rodney ...
How can the Minister have confidence in the board of Genesis Energy, when it told the Rodney District Council that it had “sufficient gas arrangements” to operate the proposed ...
Hon GERRY BROWNLEE
I am advised that the board of Genesis Energy has given the go-ahead for a consent to be sought, but has not made any decisions about the building of that plant.
I am advised that the board of Genesis Energy has given the go-ahead for a consent to be sought, but has not made any decisions about the building of that ...
Jeanette Fitzsimons
How can the Minister, then, have confidence in the board of Genesis Energy, when it proposes to build the Rodney gas-fired power plant and the Gasbridge liquefied natural gas (LNG) facility, ...
How can the Minister, then, have confidence in the board of Genesis Energy, when it proposes to build the Rodney gas-fired power plant and the Gasbridge liquefied natural gas (LNG) ...
Jeanette Fitzsimons
Has the chair of the board advised the Minister that Genesis Energy so far has spent $74 million of electricity consumers’ dollars just on planning for the power station, but that it ...
Has the chair of the board advised the Minister that Genesis Energy so far has spent $74 million of electricity consumers’ dollars just on planning for the power station, but ...
Hon GERRY BROWNLEE
I am unable to answer that question, because I do not know what conversations the Minister has had with the chair of Genesis Energy. But I do know that if it were not for Genesis Energy, the lights would have gone out in this country last year. It ...
I am unable to answer that question, because I do not know what conversations the Minister has had with the chair of Genesis Energy. But I do know that if it were not for Genesis Energy, the lights would have gone out in this country last ....
State-owned Enterprises—Social Responsibility Monitoring 14 Nov 2007
Hon TREVOR MALLARD Yes. Many are currently going on. The Genesis Oncology Trust is one example; the million freepost envelopes distributed to community groups by New Zealand Post is ...
Biofuel Bill
First Reading 16 Oct 2007
ERIC ROY
... bit about anaerobic activity on sewage to produce kerosene equivalents. I have heard and seen presentations from Genesis Energy, and it has very cautionary comments to make about lurching into fertility-hungry crops to produce ethanol. Genesis ...
... bit about anaerobic activity on sewage to produce kerosene equivalents. I have heard and seen presentations from Genesis Energy, and it has very cautionary comments to make about lurching into fertility-hungry crops to produce ethanol. ...
JEANETTE FITZSIMONS ... but we do know there are some very interesting trials going on—for example, with willow. I have spoken to Genesis Research and Development, the firm that is developing the Salix to ethanol projects, and it has this exciting vision ...
Electricity (Disconnection and Low Fixed Charges) Amendment Bill
First Reading 26 Jul 2007
PETER BROWN ... have a gas-fired power station in Ōtāhuhu tomorrow if it got the OK, and I would agree with it. I will go—I hope, if Genesis invites me—to the official opening of E3P, with glee. I ask members to imagine the situation we would have if E3P ...
Estimates Debate - In Committee
In Committee 18 Jul 2007
Hon HARRY DUYNHOVEN ... Thank God there was the ability for it to be dual-fuelled. What else have we done? The Government-owned company Genesis has built E3P on the site of the Huntly gas-fired power station—which is now largely coal-fired—and that particular ...
Hon HARRY DUYNHOVEN ... E3P was a massive mistake because it uses more fossil fuels. I just do not understand where he is coming from at all. Genesis—
Hon HARRY DUYNHOVEN
... like transmission line upgrades in order to ensure we can keep, as Mr Brownlee says, the lights on in our key cities. Genesis Energy says that the introduction of E3P—that massive, three-stage gas turbine at Huntly—will actually reduce New Zealand’s ...
... like transmission line upgrades in order to ensure we can keep, as Mr Brownlee says, the lights on in our key cities. Genesis Energy says that the introduction of E3P—that massive, three-stage gas turbine at Huntly—will actually reduce New ...
State-Owned Enterprises (AgriQuality Limited and Asure New Zealand Limited) Bill
Third Reading 21 Jun 2007
NATHAN GUY ... to reduce competition. Will the Minister for State Owned Enterprises be out there trying to create a merger between Genesis and Meridian Energy? I do not see any bill before the House about that, if we are to talk specifically about reducing ...
In Committee 20 Jun 2007
CHRISTOPHER FINLAYSON ... workable and effective competition. Where is the problem with State-owned enterprises competing? Mighty River Power, Genesis Power, and Meridian Energy compete. It is a fundamental point that the Minister really has to address. It was always ...
Second Reading 15 May 2007
NATHAN GUY
... will be beneficial when we have not had a problem for 10 years. If we were to amalgamate Meridian Energy and Genesis Energy, would we do that in a month? The answer would be no. Here we have a bill that the Government was trying to ram ...
... will be beneficial when we have not had a problem for 10 years. If we were to amalgamate Meridian Energy and Genesis Energy, would we do that in a month? The answer would be no. Here we have a bill that the Government was trying to ...
LINDSAY TISCH
... to compete. Already, in the energy sector, we have State-owned enterprises that compete. In the North Island we have Genesis Energy and Mighty River Power on the Waikato River, and in the South Island we have Meridian Energy. These three State-owned ...
... to compete. Already, in the energy sector, we have State-owned enterprises that compete. In the North Island we have Genesis Energy and Mighty River Power on the Waikato River, and in the South Island we have Meridian Energy. These three State-...
First Reading 3 Apr 2007
NATHAN GUY
... at a cost to the Crown and taxpayers.” Well, what about this? We have Meridian Energy, we have TrustPower, we have Genesis Energy—the list goes on and on.
... at a cost to the Crown and taxpayers.” Well, what about this? We have Meridian Energy, we have TrustPower, we have Genesis Energy—the list goes on and on.
Injury Prevention, Rehabilitation, and Compensation Amendment Bill 2006
Second Reading 20 Feb 2007
PETER BROWN
... He would sell everything, with due respect. The National Party would sell TVNZ, Air New Zealand, Meridian Energy, Genesis Energy, and Mighty River Power, and we know that it would privatise, at least, the Accident Compensation Corporation employers’...
... He would sell everything, with due respect. The National Party would sell TVNZ, Air New Zealand, Meridian Energy, Genesis Energy, and Mighty River Power, and we know that it would privatise, at least, the Accident Compensation Corporation ...
Prime Minister
State-owned Assets, Sales—Ownership of Shares 6 Sep 2011
Hon BILL ENGLISH
... be available again, because it consists of the proceeds of the asset swap that was done between Meridian Energy and Genesis Energy, which effectively released $500 million to the Government. Of course spending will be tight over the next 3 or 4 years,...
... be available again, because it consists of the proceeds of the asset swap that was done between Meridian Energy and Genesis Energy, which effectively released $500 million to the Government. Of course spending will be tight over the next 3 ...
State-owned Assets, Sales—Onselling Shares to Foreign Investors 6 Jul 2011
Rt Hon JOHN KEY ... to Phil Goff, but actually I reckon it is quite a good idea if the New Zealand Superannuation Fund buys shares in Genesis Power rather than buying them in an Australian energy company. I do not know about everyone else, but I happen to ...
State-owned Assets, Sales—Shares 14 Jun 2011
Hon BILL ENGLISH
... Energy, we see that those flows were less than $100 million per year for Mighty River Power, Solid Energy, and Genesis Energy. When we add Meridian’s special dividends, it puts the number up, on average, to about $300 million a year. So, as ...
... Energy, we see that those flows were less than $100 million per year for Mighty River Power, Solid Energy, and Genesis Energy. When we add Meridian’s special dividends, it puts the number up, on average, to about $300 million a year. So,...
State-owned Assets, Sales—Shares 8 Jun 2011
Hon David Cunliffe
I seek leave to table a compilation of data from the company accounts of Meridian Energy, Mighty River Power, Genesis Energy, and Solid Energy, which shows they—
I seek leave to table a compilation of data from the company accounts of Meridian Energy, Mighty River Power, Genesis Energy, and Solid Energy, which shows they—
State-owned Energy Companies—Financial Returns 6 Apr 2011
Rt Hon JOHN KEY ... Electricity Authority to investigate—and it is doing so. But that price hike took place with three primary players: Genesis, Mighty River Power, and Meridian Energy. They are all 100 percent State-owned enterprises. The prices in the ...
State-owned Enterprises—Shareholder Returns and Average Bond Rate 5 Apr 2011
Rt Hon JOHN KEY ... dividend return over the 9 years that Labour was in office for the three State-owned enterprises in the energy sector—Genesis, Mighty River Power, and Meridian Energy—was 72 percent. If gouging was happening, it was actually happening under a ...
Kiwibank—Privatisation 26 May 2010
Hon Phil Goff
Is the Prime Minister, then, prepared to rule out privatising Genesis Energy?
Is the Prime Minister, then, prepared to rule out privatising Genesis Energy?
Honorary Consul, Monaco—Possible Appointment 21 Feb 2008
Hon Bill English
... Transit, which plans and funds the highway network, a director of ONTRACK, which owns the rail network, a director of Genesis Energy, one of the largest electricity generators, and a member of the boards of the Auckland transport authority, which ...
... Transit, which plans and funds the highway network, a director of ONTRACK, which owns the rail network, a director of Genesis Energy, one of the largest electricity generators, and a member of the boards of the Auckland transport authority, ...
Energy Strategy—Carbon Neutrality 12 Dec 2006
Jeanette Fitzsimons
... fuelled power stations that are imminent: Contact Energy’s Ōtāhuhu C, Mighty River Power’s Marsden B coal station, and Genesis Energy’s gas station in Rodney, which, together with the almost built Huntly ep3 Power Station, total a 25 percent increase ...
... fuelled power stations that are imminent: Contact Energy’s Ōtāhuhu C, Mighty River Power’s Marsden B coal station, and Genesis Energy’s gas station in Rodney, which, together with the almost built Huntly ep3 Power Station, total a 25 percent ...
Conservation
Conservation, Department—Minister’s Support of Vision Statement 8 Sep 2011
Hon KATE WILKINSON ... fantastic job and, if the member really did have an interest in conservation, she would be aware that only last week Genesis gave $2.5 million to help with the blue duck programme.
Climate Change—Conservation Management 5 Dec 2006
Hon CHRIS CARTER ... that Project West Wind at Mākara was approved by the department; Project Aqua was approved by the department; and Genesis’ Tongariro hydro expansion was approved by the department. Why does the member continue to try to create an image ...
Climate Change Issues
Emissions Trading Scheme—Costs to Consumers 26 May 2010
Hon Dr NICK SMITH ... trading scheme and the complexities of the electricity market, to determine the exact impacts. I note that neither Genesis nor Meridian Energy is planning to increase its price in the short-term. The Government will be watching the power ...
Electricity—Emissions 23 Aug 2007
Hon DAVID PARKER
Today Genesis Energy released a report showing that in its first month of operation the E3P plant at Huntly has significantly reduced ...
Today Genesis Energy released a report showing that in its first month of operation the E3P plant at Huntly has significantly ...
Hon DAVID PARKER ... last year. This is good news. In the same announcement—and I think this was quite a significant announcement today—Genesis stated that its intention is to progressively retire Huntly into a drought-year reserve role. This is good news, and ...
Metiria Turei Can the Minister see any reason at all for Genesis to build a new gas-fired power station, or for that matter for Solid Energy to build a new lignite-fired power ...
Carbon Dioxide Emissions—Holcim Cement Plant 12 Jun 2007
Hon Dr Nick Smith Will the Minister responsible for Climate Change Issues be recommending that the Prime Minister officially open Genesis’ new E3P gas turbine at Huntly, which is being fired up as we speak, given that it is the biggest new generating ...
Greenhouse Gas Emissions—Fossil Fuel Usage 6 Dec 2006
Hon Dr Nick Smith
... of new generation coming on stream next year, of which 410 megawatts, or 80 percent, will be non-renewable—notably Genesis Energy’s ep3 at Huntly, and Mighty River Power’s Southdown gas extension? Who is telling the truth: his ministry or the Prime ...
... of new generation coming on stream next year, of which 410 megawatts, or 80 percent, will be non-renewable—notably Genesis Energy’s ep3 at Huntly, and Mighty River Power’s Southdown gas extension? Who is telling the truth: his ministry or ...
Carbon Neutrality—Prime Minister's Statement 21 Nov 2006
Hon Dr Nick Smith
... enterprises Mighty River Power, which wants to proceed with a 320 megawatt coal-fired power station at Whangarei, and Genesis Energy, which wants to proceed with a 230 megawatt gas-fired power station near Helensville, when both State-owned ...
... enterprises Mighty River Power, which wants to proceed with a 320 megawatt coal-fired power station at Whangarei, and Genesis Energy, which wants to proceed with a 230 megawatt gas-fired power station near Helensville, when both State-owned ...
Climate Change Response Amendment Bill
Second Reading 25 Oct 2006
PETER BROWN
... millions of dollars and the Yanks, the Americans, are pouring in billions of dollars. For the member’s information, Genesis Energy and Solid Energy New Zealand Ltd are spending significant sums of money in Australia, on research there, to address ...
... millions of dollars and the Yanks, the Americans, are pouring in billions of dollars. For the member’s information, Genesis Energy and Solid Energy New Zealand Ltd are spending significant sums of money in Australia, on research there, to ...
Wills Bill
First Reading 10 Oct 2006
CHRISTOPHER FINLAYSON ... Gabriel acted as a witness. However, there is no credible evidence to justify that. I do not think it is even in Genesis, and I am sure that the probate registrar would not have been impressed. Apparently, the oldest will was an ...
Auckland Issues
Auckland Issues—Minister's Statement 16 Nov 2006
Hon JUDITH TIZARD ... our energy supply. Mighty River Power is supplying an extra 40 megawatts of power to Auckland from next month. Genesis E3P will have an extra 380 megawatts going to Auckland around April. We are making housing more affordable through a ...
Water Supply, Auckland—Local Government Act 2 Aug 2006
Rodney Hide
Is she aware that Genesis Energy recently did not tell Watercare Services, because it was not required to do so, of its intention to shift a huge ...
Is she aware that Genesis Energy recently did not tell Watercare Services, because it was not required to do so, of its intention to shift a ...
Debate on Crown Entities, Public Organisations, and State Enterprises - In Committee
In Committee 16 May 2006
Genesis Power
CHRIS TREMAIN
I rise to speak on the review of State-owned enterprises, and particularly about the Genesis Energy review. State-owned enterprises exist to return a dividend to the Government—a dividend to the people of New Zealand—so...
I rise to speak on the review of State-owned enterprises, and particularly about the Genesis Energy review. State-owned enterprises exist to return a dividend to the Government—a dividend to the people of New ...
Hon CLAYTON COSGROVE
... whip an idea out, to see whether it flies. It takes a risk, and in that case that backfired.
Now let us look at Genesis Energy—a very, very solid performer. I can confirm, for the benefit of the National Party, that unlike it, we have no plans ...
... whip an idea out, to see whether it flies. It takes a risk, and in that case that backfired.
Now let us look at Genesis Energy—a very, very solid performer. I can confirm, for the benefit of the National Party, that unlike it, we have no ...
Hon CLAYTON COSGROVE
... of underfunded State-owned enterprises—and then put in place decent countermeasures. I pay tribute to the boards of Genesis Energy and Meridian Energy—
... of underfunded State-owned enterprises—and then put in place decent countermeasures. I pay tribute to the boards of Genesis Energy and Meridian Energy—
Hon Dr NICK SMITH
... a basic question like that.
Let us recite what happened. At the Commerce Committee, when the representatives of Genesis Energy were before us, they told us they were sick of this Government relying on the Huntly power station to bail it out. ...
... a basic question like that.
Let us recite what happened. At the Commerce Committee, when the representatives of Genesis Energy were before us, they told us they were sick of this Government relying on the Huntly power station to bail it ...
GORDON COPELAND
... Cosgrove, because at this point in the debate on the State-owned enterprises I want to talk about the ownership of Genesis Energy, Meridian Energy, and Mighty River Power. United Future believes that the current view of never selling any of the ...
... Cosgrove, because at this point in the debate on the State-owned enterprises I want to talk about the ownership of Genesis Energy, Meridian Energy, and Mighty River Power. United Future believes that the current view of never selling any of ...
Resource Management (Climate Protection) Amendment Bill
Second Reading 17 Jun 2009
NICKY WAGNER ... in the past—for example, in 1993 in the consenting of the Taranaki combined-cycle power plant, and in 2001 when Genesis Power was granted its consent for the new Huntly plant. As I said, this bill was born out of frustration. Jeanette ...
Second Reading 18 Jun 2008
JEANETTE FITZSIMONS ... the price on more than just the very margin of their emissions. A lot of people have become very concerned about the Genesis-proposed gas-fired power station in Rodney District, which really faces no great obstacle in terms of climate change ...
Hon Dr NICK SMITH ... in order to build a new diesel power plant at Whirinaki, which is currently running at full bore. When it came to Genesis Power, the Government offered to provide a Government guarantee so that the company would build a new gas-fired power ...
First Reading 29 Mar 2006
JEANETTE FITZSIMONS ... the carbon the plant emitted. That was one effect of the Resource Management Act as it stood at that time. In 2001 Genesis Power was granted consent for a new Huntly combined-cycle, gas-fired power station on the same site as its current ...
Energy
Energy Strategy—Gas-fired Power Station 9 Apr 2008
GERRY BROWNLEE Does he think Genesis Power’s proposed new 480 megawatt gas-fired power station at Rodney is consistent with the Government’s Energy ...
Hon DAVID PARKER
... and it would undermine efforts to achieve New Zealand’s 90 percent renewable energy target. But that is not what Genesis Energy now proposes. As the company itself has stated, it will comply with legislation. It has also been reported as ...
... and it would undermine efforts to achieve New Zealand’s 90 percent renewable energy target. But that is not what Genesis Energy now proposes. As the company itself has stated, it will comply with legislation. It has also been reported as ...
Gerry Brownlee
Is the Minister seriously asking the House to believe that Genesis Energy, a State-owned enterprise, would spend the thick end of $500 million building a new thermal power station, which is ...
Is the Minister seriously asking the House to believe that Genesis Energy, a State-owned enterprise, would spend the thick end of $500 million building a new thermal power station, ...
Hon DAVID PARKER
I am not at all embarrassed, and I do not think anything is hidden here. Not only is Genesis Energy looking at peaking plants but also Contact Energy has announced proposals for peaking plants. These are good advances. ...
I am not at all embarrassed, and I do not think anything is hidden here. Not only is Genesis Energy looking at peaking plants but also Contact Energy has announced proposals for peaking plants. These are good ...
Gerry Brownlee Does not the decision by Genesis to proceed with the new plant at Rodney confirm the unnatural distinction between so-called baseload generation and ...
Energy Supply—Thermal Generation 8 Apr 2008
Gerry Brownlee
Why, then, is the Government allowing Genesis Energy to progress a proposal to build a 240 to 400 megawatt gas-fired plant at Rodney—a plant that will be the biggest new ...
Why, then, is the Government allowing Genesis Energy to progress a proposal to build a 240 to 400 megawatt gas-fired plant at Rodney—a plant that will be the ...
Hon DAVID PARKER As has been reported in the Dominion Post just on Monday, Genesis has already confirmed that it will, of course, comply with the Government’s legislation and would not put any ...
Gerry Brownlee Why is the Government allowing Genesis to advance proposals to build a 240 to 480 megawatt gas-fired plant at Rodney at the same time as telling New ...
Gerry Brownlee
... be built at the moment, to make the 90 percent renewables target unattainable in the future; if so, will he be asking Genesis Energy to back off from the Rodney proposal?
Was the Minister aware of the Genesis proposal when he told the Wind Energy Association conference this morning that it would take only one or two gas-fired...
Clean-coal Technology—Progress 20 Mar 2008
Gerry Brownlee
... editorials, or was it a criticism of Harry Duynhoven, or of any one of the Government’s own agencies—Solid Energy, Genesis Energy, the Ministry of Research, Science and Technology, Crown Minerals—and the many other organisations mentioned by Mr ...
... editorials, or was it a criticism of Harry Duynhoven, or of any one of the Government’s own agencies—Solid Energy, Genesis Energy, the Ministry of Research, Science and Technology, Crown Minerals—and the many other organisations mentioned ...
Hon DAVID PARKER
There are more complexities to this issue than that member obviously understands. We are supporting Solid Energy, Genesis Energy, and other companies to do their bit to advance the work that needs to be done before carbon capture and storage can ...
There are more complexities to this issue than that member obviously understands. We are supporting Solid Energy, Genesis Energy, and other companies to do their bit to advance the work that needs to be done before carbon capture and ...
Electricity—Supply 16 Oct 2007
Gerry Brownlee
... thermal power stations reduces your long-term emissions,”, when only 2 months ago he defended the construction of Genesis Energy’s new thermal E3P plant by saying: “In fact, E3P is likely to back off Huntly and reduce and lower emissions.”; why ...
... thermal power stations reduces your long-term emissions,”, when only 2 months ago he defended the construction of Genesis Energy’s new thermal E3P plant by saying: “In fact, E3P is likely to back off Huntly and reduce and lower emissions.”;...
Peter Brown
... of a “cap and trade” emissions system, and in order to encourage renewable energy, is it possible that customers of Genesis Energy in the future will pay more for their power, simply because Genesis Energy generates a significant percentage of its ...
... of a “cap and trade” emissions system, and in order to encourage renewable energy, is it possible that customers of Genesis Energy in the future will pay more for their power, simply because Genesis Energy generates a significant percentage ...
Hon DAVID PARKER
... to dispatch all energy at the same price. The market price is set by the marginal cost of electricity generation; so Genesis Energy customers, or, indeed, customers of any company, will not be disadvantaged in particular.
... to dispatch all energy at the same price. The market price is set by the marginal cost of electricity generation; so Genesis Energy customers, or, indeed, customers of any company, will not be disadvantaged in particular.
Energy Safety—Reports 11 Oct 2007
Gerry Brownlee ... and the Government itself directly build the oil-fired Whirinaki power station, and give gas supply guarantees to Genesis for its E3P plant; or is the strategy just something you say you might do, but in fact not what you do?
Electricity—Supply 10 May 2007
Hon Dr MICHAEL CULLEN ... than we have had previously. Of course, the National Party opposed the agreement between shareholding Ministers and Genesis that enabled E3P to be constructed.
Resource Management Act—Meridian Energy 29 Mar 2007
Hon DAVID PARKER ...win’s comments were that the cost of carbon affects most carbon-intensive generation. I did not read it as an attack on Genesis or Huntly; I saw it as stating a reality that in a carbon-constrained world the generation that is most affected by ...
Electricity Supply—Reliance on Fossil Fuels 20 Feb 2007
Gerry Brownlee
... to tell him to get back in his box. Does the Minister agree with Mr Murray Jackson, Chief Executive Officer of Genesis Energy, who says that natural gas is critical to New Zealand’s energy security, with 25 percent of New Zealand’s electrical ...
... to tell him to get back in his box. Does the Minister agree with Mr Murray Jackson, Chief Executive Officer of Genesis Energy, who says that natural gas is critical to New Zealand’s energy security, with 25 percent of New Zealand’s ...
Electricity Costs—Senior Citizens 25 Jul 2006
Hon Dr Nick Smith
... sweetheart Colin James, and even the Government’s own power companies like Meridian Energy, Mighty River Power, and Genesis Energy all damning the Government’s energy policies, will the Minister accept that this area is just a shambles?
... sweetheart Colin James, and even the Government’s own power companies like Meridian Energy, Mighty River Power, and Genesis Energy all damning the Government’s energy policies, will the Minister accept that this area is just a shambles?
Electricity—Supply 6 Apr 2006
Hon Dr Nick Smith ... the Electricity Commission in respect of the risk of a power crisis this winter over the view of Meridian Energy and Genesis Power, when, effectively, the Electricity Commission yesterday said that it had it wrong and that Genesis Power and ...
Hon TREVOR MALLARD I would point out that, of Genesis Power, Meridian Energy, and the Electricity Commission, none of them thinks we have hit the minimum zone.
Hon Dr Nick Smith I raise a point of order, Madam Speaker. My question did not ask whether Genesis Power or Meridian Energy thought we had hit the minimum zone—which was the answer I got from the Minister. The ...
Electricity—Supply 2 Mar 2006
Hon Dr NICK SMITH
... consultant Bryan Leyland that “the risk of a severe shortage is quite high.”, and the supporting statements by Genesis Energy Chief Executive Murray Jackson; if not, why not?
... consultant Bryan Leyland that “the risk of a severe shortage is quite high.”, and the supporting statements by Genesis Energy Chief Executive Murray Jackson; if not, why not?
Hon Dr Nick Smith
Is the Minister aware that the chief executives of Meridian Energy and Genesis Energy, the Government’s two biggest power companies, told a select committee this morning that they have no confidence in ...
Is the Minister aware that the chief executives of Meridian Energy and Genesis Energy, the Government’s two biggest power companies, told a select committee this morning that they have no ...
Hon Dr Nick Smith
... that Keith Turner from Meridian Energy said that no further action was required, when both he and officials from Genesis Energy told the select committee this morning that the Government should fire up Whirinaki, a power plant that has been paid ...
... that Keith Turner from Meridian Energy said that no further action was required, when both he and officials from Genesis Energy told the select committee this morning that the Government should fire up Whirinaki, a power plant that has ...
Address in Reply 15 Nov 2005
PETER BROWN ...ber: there will be no further strategic asset sales. That means we will be keeping Meridian Energy, Mighty River Power, Genesis Power, Transpower, TVNZ, New Zealand Post, and Kiwibank. There will be no “for sale” notice on them. We will ensure ...
Hon NANAIA MAHUTA
... are involved in industry training. That has stimulated a whole lot of other sectors to look at Modern Apprenticeships—Genesis Energy, for example. I applaud its commitment to fund 60 Modern Apprentices in the electricity sector and to engage in local ...
... are involved in industry training. That has stimulated a whole lot of other sectors to look at Modern Apprenticeships—Genesis Energy, for example. I applaud its commitment to fund 60 Modern Apprentices in the electricity sector and to engage ...