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:
Momentum Energy (TA1965)01 Jan 2009

Entura (TA2020)01 Jan 2008
Previous Agencies:
Hec Enterprises Corporation (TA1914)19 Aug 198701 Jul 1998

Hydro-Electric Commission (TA314)01 Jan 193030 Jun 1998
Renewables Tasmania (TA2219)01 Jan 200026 Aug 2021
Series Created By Agency:
AF227 General Correspondence (2)21 Jan 198704 May 2001