public traded as nzx gne asx gne industry energy predecessor electricity corporation of new zealand founded 1999 1999 ; 17 years ago headquarters auckland new zealand key people dame jenny shipley chairman marc england chief executive services electricity natural gas lpg revenue nz 2 098m 1 operating income nz 345m 1 profit nz 105m 1 total assets nz 3 528m 1 total equity nz 1 825m 1 number of employees 931 1 parent new zealand government website genesisenergy.co.nz genesis energy limited formerly genesis power limited is a new zealand publicly listed electricity generation and electricity natural gas and lpg retailing company . it was formed as part of the 1998 99 reform of the new zealand electricity sector taking its generation capacity from the breakup of the electricity corporation of new zealand ecnz and taking retail customers from three local power boards in the lower north island . genesis energy is the largest electricity and natural gas retailer in new zealand with 26 % and 42 % market share respectively in the 2013 2014 financial year . in 2014 genesis produced 14 % of new zealand s electricity 2 and is the third largest electricity generating company in new zealand in terms of mw capacity gwh generation and revenue see comparison table at new zealand electricity market . contents 1 history 2 power stations 2.1 future generation developments 2.1.1 castle hill 2.1.2 rodney 2.1.3 slopedown wind farm 3 community and environmental investments 3.1 schoolgen 3.2 whio forever project 3.3 graeme dingle foundation 3.4 curtain bank 4 other developments 5 subsidiaries 5.1 energy online 5.2 infogen 6 see also 7 references 8 external links history edit genesis energy began business on 1 april 1999 after the reform of the new zealand electricity market and the breakup of the electricity corporation of new zealand ecnz . it took over the huntly power station tongariro power scheme and waikaremoana hydro scheme from ecnz and the hau nui wind farm and the kourarau hydro scheme from wairarapa electricity . it also inherited the retail arms of powerco central power and wairarapa electricity while powerco and central power concentrated on electricity distribution the distribution arm of wairarapa electricity merged with powerco on the same day . during 2000 to 2002 genesis energy purchased several electricity and gas retailing entities following changes to laws governing the electricity industry . these included electricity retail businesses of todd energy and electricity and gas customers from ngc now vector limited and energy online . in september 2013 the company announced a change of name from genesis power limited to genesis energy limited . 3 on april 17 2014 the national government sold a 49 % stake in genesis energy through an initial public offering at nz 1.55 per share . on august 25 2015 ceo albert brantley announced he would retire from seven years in the role by june of 2016 . 4 genesis energy named marc england as the next ceo on december 14 2015 . 5 marc england began his role as chief executive on may 2 2016 . power stations edit genesis energy owns and operates the coal and gas fired huntly power station new zealand s largest power station . genesis energy owns and operates a diverse portfolio of assets that includes hydroelectic thermal and wind generation . genesis energy operates three hydroelectic generating stations on the 361.8 mw tongariro power scheme rangipo 120 mw tokaanu 240 mw and mangaio 1.8 mw . the company also operates the 138 mw lake waikaremoana hydro scheme including the tuai 60 mw kaitawa 36 mw and piripaua 42 mw stations . on 1 june 2011 genesis energy purchased tekapo a 25 mw and b 154 mw hydroelectric power stations from meridian energy . 6 genesis energy operates the huntly power station a 953 mw coal and gas fired thermal plant on the waikato river . in addition to two gas coal fired generating units huntly has a 50 mw open cycle gas turbine unit and a 403 mw combined cycle gas turbine commissioned in june 2007 as a nz 500 million project . the first of the four coal fired units at the huntly power station was taken out of service in late 2012 . a second unit was placed into long term storage in december 2013 and permanently retired in june 2015 . 7 in august 2015 genesis announced a timetable to end coal fired electricity generation in new zealand by closing the last two coal fired units in 2018 . 8 the company also operates the 7.3 mw hau nui windfarm in the north island . genesis energy power stations 9 name fuel type location commissioned installed capacity mw annual average generation gwh hau nui wind south east of martinborough wellington 1996 7.3 22 huntly units 2 units coal gas steam turbine huntly waikato 1983 500 5695 huntly e3p unit 5 gas combined cycle turbine huntly waikato 2007 403 2410 huntly p40 unit 6 gas open cycle turbine huntly waikato 000000002004 06 01 0000june 2004 50.8 335 kaitawa hydroelectric lake waikaremoana hawke s bay 1948 36 91 mangaio hydroelectric south of turangi waikato region 2008 1.8 5.8 piripaua hydroelectric lake waikaremoana hawke s bay 1943 42 133 tekapo a hydroelectric lake tekapo 1955 25 160 tekapo b hydroelectric lake pukaki 1977 154 800 rangipo hydroelectric south of turangi waikato region 1983 120 580 tokaanu hydroelectric tokaanu waikato region 1973 240 763 tuai hydroelectric lake waikaremoana hawke s bay 1929 60 218 total 1889.9 11 212.8 future generation developments edit castle hill edit main article castle hill wind farm genesis energy has resource consents for a wind farm at castle hill 20 km north east of masterton in the northern wairarapa . it is planning up to 286 turbines over a 30 km2 12 sq mi area with a total installed capacity of up to 860 mw and potentially generating over 2000 gwh per year . 10 11 rodney edit main article rodney power station genesis energy has resource consent for the 480 mw rodney power station a planned gas fired combined cycle power station midway between helensville and kaukapakapa . slopedown wind farm edit in 2010 genesis energy purchased the slopedown wind from wind prospect cwp ltd. it is 15 km east of wyndham . genesis energy has not yet applied for resource consents . 12 community and environmental investments edit schoolgen edit genesis energy began its schoolgen programme in 2006 to teach students about solar power renewable energy and energy efficiency . the schoolgen program has created extensive teaching resources including ebooks that are free for any school in new zealand . it has also provided 85 new zealand schools with either a 2 4 or 6 kilowatt photovoltaic pv solar panel system at no cost to the schools . the largest solar array on a schoolgen school is 16 kilowatts on vauxhall school in auckland . the pv system allows these schools to generate a portion of their electricity from the sun while also teaching students about solar energy . 13 whio forever project edit genesis energy has partnered with the new zealand department of conservation to help save the endangered native whio or blue duck . the whio forever project includes a national recovery plan that will double the number of fully operational secure breeding sites throughout new zealand and boost pest control efforts . 14 graeme dingle foundation edit genesis energy has teamed up with the graeme dingle foundation previously known as foundation for youth development to support the roll out of their kiwi can programme in three huntly primary schools . the foundation s kiwi can programme teaches primary school children life skills values and self confidence so they can grow up with a positive outlook . curtain bank edit genesis energy is the major sponsor of the wellington curtain bank and the christchurch curtain bank . the curtain banks take donated second hand curtains or fabric and re cut and line them for distribution to households in need . this helps households in saving money on their energy bills and to create warmer healthier homes . other developments edit genesis energy is a founding member of awatea the new zealand marine energy association . the gasbridge lng project is a 50 50 joint venture between genesis and contact energy . subsidiaries edit energy online edit genesis energy purchased energy online in december 2002 from the newcall group limited . after continued growth energy online now services 70 000 customers with a primary focus on retailing energy services to an expanding customer base in the north island . infogen edit genesis energy retailed internet services to its customers through its infogen service . the service was outsourced and provided by orcon until it was purchased by orcon in 2009 . 15 see also edit electricity sector in new zealand references edit a b c d e f genesis energy august 2015 . annual report 2015 pdf . nzsx . energy in new zealand . mbie . august 2015 . genesis energy limited name and address change . nzx . 9 september 2013 . genesis profit up 12pct . stuff . retrieved 2015 12 31 . genesis energy names agl executive marc england as ceo . the national business review . retrieved 2015 12 31 . genesis energy set to acquire meridian energy hydro plants . power gen worldwide . pennwell corporation . 2011 05 16 . retrieved 2011 06 04 . statement of corporate intent . genesis energy . 30 june 2010 . genesis energy limited gne announces timetable to end coal fired generation in new zealand pdf press release . genesis energy . 6 august 2015 . list of generating stations november 2010 new zealand electricity authority . retrieved 2011 01 25 . genesis planning massive windfarm . nz herald . 30 august 2011 . project description castle hill wind farm genesis energy . retrieved 9 july 2011 . dixon alana 15 april 2011 . slopedown wind farm not a priority genesis . southland times . schoolgen . whio forever project . keall chris 14 august 2009 . orcon acquires two isps making it our fourth largest isp . national business review . external links edit official website energy online schoolgen whio forever genesis oncology trust v t e genesis energy limited power schemes tongariro power scheme power stations huntly power station rodney power station wind farms castle hill wind farm hau nui wind farm v t e electricity companies in new zealand generation contact energy genesis energy mercury energy meridian energy nova energy trustpower king country energy new zealand energy transmission transpower distribution north island centralines counties power eastland network electra horizon energy distribution northpower powerco scanpower the lines company top energy unison networks vector waipa networks wel networks wellington electricity south island alpine energy aurora energy buller electricity electricity ashburton electricity invercargill mainpower marlborough lines nelson electricity network tasman network waitaki orion otagonet joint venture the power company westpower retail contact energy ecotricity electra energy electric kiwi energy direct energy online genesis energy giving energy globug king country energy megaenergy mercury energy meridian energy nova energy opunake hydro p2power paua to the people payless energy powershop pulse energy tiny mighty power trustpower regulation and operation commerce commission electricity authority energy efficiency and conservation authority ministry of business innovation and employment transpower electricity sector in new zealand list of power stations in new zealand retrieved from https en.wikipedia.org w index.php title genesis energy limited & oldid 733349988 categories power companies of new zealandgovernment owned companies of new zealandpublic utilitiescompanies based in aucklandcompanies listed on the new zealand stock exchange navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia 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