Hydro Tasmania | |
Formerly | Hydro-Electric Commission |
Company type | Government enterprise |
Industry | Utilities |
Founded | 1916 |
Headquarters | Hobart, Tasmania, Australia |
Area served | Tasmania |
Key people | R. Bolt (Chair) E. van Maanen (Acting CEO) |
Products | 9,000 GWh of electricity |
Brands | Hydro Tasmania, Entura, Momentum Energy |
Services | Electricity generation |
A$1,651 million (2023) | |
A$168 million (2023) | |
Total assets | A$4,882 million (2023) |
Owner | Government of Tasmania |
Number of employees | 1395 (2024) |
Subsidiaries | Momentum Energy, Entura |
Website | www |
Footnotes / references [1] |
Hydro Tasmania, known for most of its history as the Hydro-Electric Commission (HEC) or simply The Hydro, is the trading name of the Hydro-Electric Corporation, a Tasmanian Government business enterprise which is the main electricity generator in the state of Tasmania, Australia. The Hydro was originally oriented towards hydro-electricity, due to Tasmania's dramatic topography and relatively high rainfall in the central and western parts of the state. Today, Hydro Tasmania operates thirty hydro-electric and one gas power station, and is a joint owner in three wind farms.[2]
The Minister for Energy, currently the Hon. Nicholas Duigan MP, has portfolio responsibility for Hydro Tasmania. Hydro Tasmania operates under the Government Business Enterprises (GBE) Act 1995 and the Hydro-Electric Corporation Act 1995, and has a reporting requirement to the Treasurer of Tasmania, currently the Hon. Guy Barnett MP. Hydro Tasmania was projected to pay the Tasmanian Government a dividend of A$122 million in 2024.[1]