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27-01-2015, 03:20 PM
#1071
Originally Posted by Poet
Sounds great.
Last edited by Beagle; 27-01-2015 at 03:21 PM.
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27-01-2015, 03:56 PM
#1072
Originally Posted by Roger
We could put forward the motion of getting rid of Jenny at the first ASM, that would remove some unnecessary costs
Lets get serious about that. I'm in
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27-01-2015, 06:41 PM
#1073
Originally Posted by Poet
There will be no shortage of gas for increased electricity generation to meet the increased demand now evident.
Kupe is big.
Genesis is so well placed-producing gas through kupe and burning it at huntly
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27-01-2015, 07:47 PM
#1074
Roger - getting rid of Shipley might be good, ex Politicians on boards not usually good - think TTK (Sowry), PGG (Ruth Richardson), Lombard (Graham, Jefferies) and the list is probably bigger than my memory!
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27-01-2015, 08:18 PM
#1075
Member
The future for electricity in this country is not thermal but local generation. Read articles from overseas about new technology.
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27-01-2015, 09:38 PM
#1076
The future is uncertain and hydro is so cheap that it will remain the dominant form of generation for decades followed by geothermal.
Local generation is unlikely to beat the cost-effectiveness of our present generation and distribution to affect the sp of genesis for a very long-time.
Increased electricity charges of recent have not been the result of generation but that of lines companies and transpower upgrades
Thermal peaking stations are here to stay and plentiful gas will fuel it.
There has been major problems with local generation overseas- redundancy,not producing power when needed,big subsidies etc.
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27-01-2015, 11:19 PM
#1077
Originally Posted by fish
......
There has been major problems with local generation overseas- redundancy,not producing power when needed,big subsidies etc.
And the fact that it is cheaper to move electricity from where it is generated to where it is needed than it is to move fuel to local generation.
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28-01-2015, 08:11 AM
#1078
Originally Posted by fish
There will be no shortage of gas for increased electricity generation to meet the increased demand now evident.
Kupe is big.
Genesis is so well placed-producing gas through kupe and burning it at huntly
Yep, all the broker DCF models had Kupe running out of gas, (IIRC about 12 years from now ?), and dividend's reducing because of that. Now it appears gas reserves could be dramatically more plentiful, (read extremly durable long term supply) than previously thought. I think this is exceptionally good news for GEN.
Yep guys I'm no fan of ex pollies on boards or to senior management positions...almost invariably they're "soft appointments" and bring little genuine business acumen to the table.
Last edited by Beagle; 28-01-2015 at 08:14 AM.
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28-01-2015, 04:12 PM
#1079
Originally Posted by Roger
Yep guys I'm no fan of ex pollies on boards or to senior management positions...almost invariably they're "soft appointments" and bring little genuine business acumen to the table.
Some bring a history of failure. . .
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28-01-2015, 04:36 PM
#1080
Is Jenny up for Re-election in October at the AGM?
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