New Zealand's biggest energy players - Genesis, Meridian, Mercury and Contact - have formed a deal to stockpile coal at Huntly Power Station, and questions have been raised.

The energy companies say the shared strategic energy reserve will secure supply for the next decade. 

Minerals West Coast manager Patrick Phelps explained the nuances of this deal to the Afternoons team.

LISTEN ABOVE

New Zealand's biggest energy players - Genesis, Meridian, Mercury and Contact - have formed a deal to stockpile coal at Huntly Power Station, and questions have been raised.
The energy companies say the shared strategic energy reserve will secure supply for the next decade.&nbsp;
Minerals West Coast manager Patrick Phelps explained the nuances of this deal to the Afternoons team.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Patrick Phelps: Minerals West Coast manager explains why coal stockpiling deal is needed

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/92024384-cc89-44b3-995a-b3300023e676/transcript