Hydro Tasmania
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.
The 140 m (460 ft)-high concrete arch Gordon Dam, built in 1974; one of the many assets owned and operated by Hydro Tasmania. | |
Trade name | Hydro Tasmania |
|---|---|
| Formerly | Hydro-Electric Commission |
| Company type | Government enterprise |
| Industry | Utilities |
| Founded | 1929 |
| Headquarters | Hobart, Tasmania, Australia |
Area served | Tasmania |
Key people | R. Bolt (Chair) I. Brooksbank (CEO) |
| Products | 9,000 GWh of electricity |
| Brands | Hydro Tasmania, Entura, Momentum Energy |
| Services | Electricity generation |
| A$1,651 million (2023) | |
Net income | A$168 million (2023) |
| Total assets | A$4,882 million (2023) |
| Owner | Government of Tasmania |
Number of employees | 1290 (2023) |
| Subsidiaries | Momentum Energy, Entura |
| Website | www |
| Footnotes / references | |
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.