Hydro Tasmania

Hydro-Electric Corporation
Hydro Tasmania
FormerlyHydro-Electric Commission
Company typeGovernment enterprise
IndustryUtilities
Founded1916; 108 years ago (1916)
HeadquartersHobart, Tasmania,
Australia
Area served
Tasmania
Key people
R. Bolt (Chair)
E. van Maanen (Acting CEO)
Products9,000 GWh of electricity
BrandsHydro Tasmania, Entura, Momentum Energy
ServicesElectricity generation
A$1,651 million (2023)
A$168 million (2023)
Total assetsA$4,882 million (2023)
OwnerGovernment of Tasmania
Number of employees
1395 (2024)
SubsidiariesMomentum Energy, Entura
Websitewww.hydro.com.au
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]

  1. ^ a b "Annual Report 2023" (PDF). Hydro Tasmania. 2022. Archived (PDF) from the original on 31 October 2023. Retrieved 1 November 2023.
  2. ^ "Our power stations". Hydro Tasmania. Retrieved 17 December 2012.