Coal fired power plants are being forced to close in New Zealand, due to flat consumer and industrial demand for electricity combined with lower renewable energy costs. Genesis Energy, the country's major energy producer, said it is closing its last two coal plants in a number of years after the company said it has been running "at the margin of the market for 2018".
Coal fired power plants are being forced to close in New Zealand, due to flat consumer and industrial demand for electricity combined with lower renewable energy costs. Genesis Energy, the country's major energy producer, said it is closing its last two coal plants in 2018 after the company said it has been running "at the margin of the market for a number of years".