Malcolm Johns: Genesis Energy CEO on the company's plan to produce 95 percent renewable electricity by 2030 - Heather du Plessis-Allan Drive

Genesis Energy is making moves to meet its promise of producing 95 percent renewable energy by 2030.

The company plans to use profits from Kupe gas field to support a $1.1 billion programme to build solar and wind generation and grid-scale battery storage.

Chief executive Malcolm Johns says it's likely Genesis will meet their target within the coming years.

"We're not starting from a cold start, we have a number of things under way, particularly in the area of solar and wind development. Battery will take us about 18 months to put in place, we're pretty confident."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.