Genesis Energy chairwoman Barbara Chapman and chief executive Marc England dismiss the idea of nuclear power in NZ at the company's annual meeting in October. In contrast, it is nuclear energy that might need help to compete. “Nuclear power is for baseload; you top up with renewables.”Might it make sense to use nuclear power as a baseload power source in New Zealand, despite its relatively high cost? CATHERINE HARRIS/Stuff Genesis Energy chief executive Marc England says the fact nuclear power can’t be switched on and off quickly would limit its value to NZ. “l’ll just be very clear that we have no plans to get involved in nuclear energy.

Source: Stuff April 27, 2022 02:10 UTC