Genesis Power

Genesis Power

Genesis Power Limited (trading as Genesis Energy) is a New Zealand state-owned electricity generation and electricity, natural gas and LPG retailing company. It was formed as part of the 1998-99 reform of the New Zealand electricity sector, taking it generation capacity from the breakup of the Electricity Corporation of New Zealand (ECNZ) and taking retail customers from three local power boards in the Lower North Island.

Genesis is the largest electricity and natural gas retailer in New Zealand, with 27% and 43% market share respectively in 2011-2012. In 2011, Genesis produced 16% of New Zealand's electricity,and is the third largest electricity generating company in New Zealand in terms of MW capacity, GWh generation and revenue (see comparison table at New Zealand electricity market).

Read more about Genesis Power:  History, Power Stations, Other Developments

Famous quotes containing the words genesis and/or power:

    If only he would not pity us so much,
    Weaken our fate, relieve us of woe both great
    And small, a constant fellow of destiny,
    A too, too human god, self-pity’s kin
    And uncourageous genesis . . .
    Wallace Stevens (1879–1955)

    We are expected to put the utmost energy, of every power that we have, into the service of our fellow men, never sparing ourselves, not condescending to think of what is going to happen to ourselves, but ready, if need be, to go to the utter length of self-sacrifice.
    Woodrow Wilson (1856–1924)