Outgoing Genesis CEO warns market on energy ‘subsidy’
Huntly a better option for energy security than Onslow scheme but cost must be shared, says England.
Genesis Energy CEO Marc England address the company’s annual meeting on his last day in the job.
After announcing a 10% earnings upgrade from turning off costly thermal power in the first quarter, outgoing Genesis Energy chief executive Marc England told shareholders at its annual meeting the company would not subsidise the market with back-up generation.
Genesis, whose big gas and coal-fired
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