Wellington, Feb 23 NZPA - Contact Energy says electricity retail prices need to rise, after reporting flat underlying earnings for the six months to the end of December.

Wellington, Feb 23 NZPA - Contact Energy is reporting a big jump in reported profit for the six months to the end of December, but its underlying earnings after tax were barely changed from a year earlier at $80.1 million.

Wellington, Oct 14 NZPA - Genesis Energy has reached a contractual arrangement with Meridian Energy that will extend the life of the massive Huntly thermal power station.

Wellington, Dec 17 NZPA - Legislation removing restrictions on new coal and gas-fired power plants has passed its first parliamentary hurdle. The two-page Electricity (Renewable Preference) Repeal Bill tonight passed its first reading by 63 votes to 58.