Hydro Tasmania

Hydro-Electric Corporation
Hydro Tasmania
FormerlyHydro-Electric Commission
Company typeGovernment enterprise
IndustryUtilities
Founded1929; 95 years ago (1929)
HeadquartersHobart, Tasmania,
Australia
Area served
Tasmania
Key people
R. Bolt (Chair)
I. Brooksbank (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
1290 (2023)
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 The Hydro, is the trading name of the Hydro-Electric Corporation, a Tasmanian Government business enterprise which is the predominant 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. Guy Barnett 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. Michael Ferguson MP. Hydro Tasmania was projected to pay the Tasmania Government a dividend of A$105 million in 2023.[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.