• Malcolm Johns: Genesis Energy CEO on the company's plan to produce 95 percent renewable electricity by 2030

  • Nov 30 2023
  • Length: 5 mins
  • Podcast

Malcolm Johns: Genesis Energy CEO on the company's plan to produce 95 percent renewable electricity by 2030

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  • Summary

  • Genesis Energy is making moves to meet its promise of producing 95 percent renewable energy by 2030.

    The company plans to use profits from Kupe gas field to support a $1.1 billion programme to build solar and wind generation and grid-scale battery storage.

    Chief executive Malcolm Johns says it's likely Genesis will meet their target within the coming years.

    "We're not starting from a cold start, we have a number of things under way, particularly in the area of solar and wind development. Battery will take us about 18 months to put in place, we're pretty confident."

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