Cover image for Hydro-Electric Corporation - Trading As Hydro Tasmania
Agency:
Hydro-Electric Corporation - Trading As Hydro Tasmania
Agency Number:
Start Date:
01 Jul 1998
Description:
Hydro Tasmania is the trading name for the Hydro-Electric Corporation, which is a registered Government Business Enterprise wholly owned by the State of Tasmania.

Hydro Tasmania operates under and is subject to the Government Business Enterprises Act 1995 and the Hydro-Electric Corporation Act 1995. The Hydro's water licence is issued under the Water Management Act 1999.

The Hydro-Electric Corporation Act 1995 stated purpose was to modernise the legislation under which the Hydro-Electric Corporation (formerly the Hydro-Electric Commission) operates, to provide for it to continue as a Government Business Enterprise operating in the electricity supply industry and to provide for other purposes.

The administration of this Act is assigned to the Minister for Energy; and the department responsible to the Minister for Energy in relation to the administration of this Act is the Corporation.

The agency functions under the Act are as follows:
(a) to generate electricity
(b) to do all things necessary for, or related to, the generation of electricity
(c) to retail electricity if the Minister approves
(d) to perform other functions as agreed between the Corporation and the Minister.
It has the following powers:
(a) to construct, maintain and operate electricity infrastructure necessary for the generation of electricity
(b) to do all things necessary or convenient for, or related to, the generation of electricity, including the sale or trade of electricity
c) to acquire and trade in, and facilitate the acquisition of and trading in, electricity
(d) to participate in the National Electricity Market
(e) to develop, construct, operate and own Basslink and to participate in the development, construction, operation and ownership of Basslink and to use Basslink
(f) to enter into agreements in respect of the development, construction, operation and ownership of Basslink
(g) to do all things necessary or convenient for, or related to firstly its development, construction, operation and ownership of Basslink and its participation in the development, construction, operation and ownership of Basslink; and secondly its participation in the National Electricity Market
(h) to provide consultancy services in respect of electricity, environmental science, engineering or any other area of expertise in which the Corporation considers it has competence
(i) to carry out investigations, research and development.
Information Sources:
Hydro-Electric Corporation Act 1995, Hydro Tasmania annual report 2010-11
Legislation Administered:
Hydro-Electric Corporation Act 1995, Government Business Enterprises Act 1995, Water Management Act 1999
Legislation Creating:
Hydro-Electric Corporation Act 1995
Controlled Agencies:
Entura (TA2020)01 Jan 2008

Momentum Energy (TA1965)01 Jan 2009
Previous Agencies:
Hydro-Electric Commission (TA314)01 Jan 193030 Jun 1998

Hec Enterprises Corporation (TA1914)19 Aug 198701 Jul 1998
Series Created By Agency:
AG15 Diary kept by Bill Gaskell During Tasman Bridge Reconstruction05 Jan 197631 Dec 1976

AF227 General Correspondence (2)21 Jan 198704 May 2001