Genesis Energy Limited
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Genesis Energy Limited
Genesis Energy Limited, formerly Genesis Power Limited is a New Zealand publicly listed 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 its 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. The New Zealand Government owns a 51% share of the company. Genesis Energy is the largest electricity and natural gas retailer in New Zealand with 26% and 39% market share respectively in the 2015–2016 financial year. In 2015, Genesis produced 14% 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). History Genesis Energy began business on 1 April 1999, after the reform of the N ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Hau Nui Wind Farm
The Hau Nui Wind Farm is a 15-turbine wind farm located approximately south-east of Martinborough, in the South Wairarapa District of New Zealand. Hau Nui (Māori for "big wind") was the first wind farm built in New Zealand. The wind farm was built in two stages and the completed capacity is 8.65 MW. Site Hau Nui wind farm is located on a ridge adjacent to White Rock Road, the main road between Martinborough and White Rock. Stage 1 is situated on Range Road near its intersection with White Rock Road. Stage 2 is located approximately one kilometre south of Stage 1 on Range Road. The site has an average wind speed of . Turbines Hau Nui has a total of fifteen Enercon E-40 wind turbines. The seven Stage 1 turbines are third-generation turbines, delivering 550 kW each. The eight Stage 2 turbines are later versions of the same Enercon E-40 model, each generating 600 kW each. The turbines in both stages are tall to the hub, and have rotor diameters of . Transmission Elect ...
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Martinborough
Martinborough ( mi, Wharekaka) is a town in the South Wairarapa District, in the Wellington region of New Zealand. It is 65 kilometres east of Wellington and 35 kilometres south-west of Masterton. The town has a resident population of The town is home to the South Wairarapa District Council. History and culture European settlement John Martin is regarded as the town’s founder and set out the first streets in the pattern of the Union Flag in the 19th century. Before Martinborough was established the southern part of the region was known as Waihenga, a point that seems to be lost at times in the history of the district. A feature is the colonial architecture, one example of which is the historic Martinborough Hotel, built in 1882. Prior to the expansion of viticulture, Martinborough was largely a rural service town for nearby farms. Marae The local Hau Ariki Marae and Te Whare Wananga o Tupai meeting house are affiliated with the Ngāti Kahungunu hapū of Ngāti Hikawera o ...
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Wind Power
Wind power or wind energy is mostly the use of wind turbines to electricity generation, generate electricity. Wind power is a popular, sustainable energy, sustainable, renewable energy source that has a much smaller Environmental impact of wind power, impact on the environment than burning fossil fuels. Historically, wind power has been used in sails, windmills and windpumps but today it is mostly used to generate electricity. Wind farms consist of many individual wind turbines, which are connected to the electric power transmission Electrical grid, network. New Onshore wind farm, onshore (on-land) wind farms are cheaper than new Coal-fired power station, coal or Gas-fired power plant, gas plants, but expansion of wind power is being hindered by fossil fuel subsidies. Onshore wind farms have a greater visual #Impact on environment and landscape, impact on the landscape than some other power stations. Small onshore wind farms can feed some energy into the grid or provide power t ...
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Wind Turbine
A wind turbine is a device that converts the kinetic energy of wind into electrical energy. Hundreds of thousands of large turbines, in installations known as wind farms, now generate over 650 gigawatts of power, with 60 GW added each year. Wind turbines are an increasingly important source of intermittent renewable energy, and are used in many countries to lower energy costs and reduce reliance on fossil fuels. One study claimed that, wind had the "lowest relative greenhouse gas emissions, the least water consumption demands and the most favorable social impacts" compared to photovoltaic, hydro, geothermal, coal and gas energy sources. Smaller wind turbines are used for applications such as battery charging for auxiliary power for boats or caravans, and to power traffic warning signs. Larger turbines can contribute to a domestic power supply while selling unused power back to the utility supplier via the electrical grid. Wind turbines are manufactured in a wide range of ...
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Gas Turbine
A gas turbine, also called a combustion turbine, is a type of continuous flow internal combustion engine. The main parts common to all gas turbine engines form the power-producing part (known as the gas generator or core) and are, in the direction of flow: * a rotating gas compressor * a combustor * a compressor-driving turbine. Additional components have to be added to the gas generator to suit its application. Common to all is an air inlet but with different configurations to suit the requirements of marine use, land use or flight at speeds varying from stationary to supersonic. A propelling nozzle is added to produce thrust for flight. An extra turbine is added to drive a propeller (turboprop) or ducted fan (turbofan) to reduce fuel consumption (by increasing propulsive efficiency) at subsonic flight speeds. An extra turbine is also required to drive a helicopter rotor or land-vehicle transmission (turboshaft), marine propeller or electrical generator (power turbine). Greater ...
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Combined Cycle
A combined cycle power plant is an assembly of heat engines that work in tandem from the same source of heat, converting it into mechanical energy. On land, when used to make electricity the most common type is called a combined cycle gas turbine (CCGT) plant. The same principle is also used for marine propulsion, where it is called a combined gas and steam (COGAS) plant. Combining two or more thermodynamic cycles improves overall efficiency, which reduces fuel costs. The principle is that after completing its cycle in the first engine, the working fluid (the exhaust) is still hot enough that a second subsequent heat engine can extract energy from the heat in the exhaust. Usually the heat passes through a heat exchanger so that the two engines can use different working fluids. By generating power from multiple streams of work, the overall efficiency can be increased by 50–60%. That is, from an overall efficiency of the system of say 34% for a simple cycle, to as much as 64% ...
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Waikato River
The Waikato River is the longest river in New Zealand, running for through the North Island. It rises on the eastern slopes of Mount Ruapehu, joining the Tongariro River system and flowing through Lake Taupō, New Zealand's largest lake. It then drains Taupō at the lake's northeastern edge, creates the Huka Falls, and flows northwest through the Waikato Plains. It empties into the Tasman Sea south of Auckland, at Port Waikato. It gives its name to the Waikato region that surrounds the Waikato Plains. The present course of the river was largely formed about 17,000 years ago. Contributing factors were climate warming, forest being reestablished in the river headwaters and the deepening, rather than widening, of the existing river channel. The channel was gradually eroded as far up river as Piarere, leaving the old Hinuera channel through the Hinuera Gap high and dry. The remains of the old course are seen clearly at Hinuera, where the cliffs mark the ancient river edges. The Wai ...
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PennWell Corporation
Endeavor Business Media is an American business-to-business media company founded by Chris Ferrell and others in December 2017. The company is headquartered in Nashville, Tennessee Tennessee ( , ), officially the State of Tennessee, is a landlocked state in the Southeastern region of the United States. Tennessee is the 36th-largest by area and the 15th-most populous of the 50 states. It is bordered by Kentucky to th .... History Endeavor Business Media acquires and operates trade publications, websites, marketing solutions and events. In 2018 Endeavor acquired the publication assets of SouthComm and seven other companies. The company acquired several publications and events from British company Clarion Events, who had previously acquired these assets from PennWell Corporation, and from Informa Intelligence, a division of Informa, in 2019. References {{Reflist Publishing companies of the United States ...
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Meridian Energy
Meridian Energy Limited is a New Zealand electricity generator and retailer. The company generates the largest proportion of New Zealand's electricity, generating 35 percent of the country's electricity in the year ending December 2014, and is the fourth largest retailer, with 14 percent of market share in terms of customers as of December 2015. Meridian was one of three electricity companies formed from the break-up of the Electricity Corporation of New Zealand (ECNZ) in 1998–99, taking over the Waitaki River and the Manapouri hydro schemes. Originally a state-owned enterprise wholly owned by the New Zealand Government, the company was partially privatised in October 2013 by the Fifth National Government, with the government retaining a 51.02% shareholding. Today, Meridian operates seven hydroelectric power stations and one wind farm in the South Island of New Zealand, four wind farms in the North Island, and two wind farms in southern Australia – one in South Australia a ...
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Hydroelectricity
Hydroelectricity, or hydroelectric power, is Electricity generation, electricity generated from hydropower (water power). Hydropower supplies one sixth of the world's electricity, almost 4500 TWh in 2020, which is more than all other Renewable energy, renewable sources combined and also more than nuclear power. Hydropower can provide large amounts of Low-carbon power, low-carbon electricity on demand, making it a key element for creating secure and clean electricity supply systems. A hydroelectric power station that has a dam and reservoir is a flexible source, since the amount of electricity produced can be increased or decreased in seconds or minutes in response to varying electricity demand. Once a hydroelectric complex is constructed, it produces no direct waste, and almost always emits considerably less greenhouse gas than fossil fuel-powered energy plants.
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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