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Topic: Hydro Tasmania


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In the News (Tue 14 Feb 12)

  
  Basslink shock for Hydro Tasmania - Business - Business - theage.com.au
THE opening of the Basslink power cable between Tasmania and Victoria this year is expected to cut Hydro Tasmania's annual profit for 2006-07 by $10 million, according to former chief executive Geoff Willis.
Hydro promoted Basslink as a way of enhancing its operations, by allowing it to import cheap Victorian power during off-peak times and saving its hydro power for high price peaks on the mainland.
Hydro is hobbled by debt of $1 billion and Mr Willis recently asked the Tasmanian Government to contribute a further $300 million in equity.
www.theage.com.au /news/business/basslink-shock-for-hydro-tasmania/2006/08/02/1154198206485.html   (543 words)

  
 IN-SHP News
Hydro Tasmania is an equal partner in the venture, sharing 50% of the capital required to develop the project and the revenue from electricity generation.
Hydro Tasmania was selected from a large field of hydro developers to partner SA Water in the development and has delivered the project implementation on budget and on time.
Willis acknowledged Hydro Tasmania's alliance partner in the design and construction of the mini hydro facility, the Tasmanian-based Tyco Tamar, which was the major subcontractor on the project.
www.inshp.org /news/shownews.asp?id=52   (250 words)

  
 CLP joins Tasmania in wind farm venture - Business Asia by Bloomberg - International Herald Tribune
SYDNEY Hydro Tasmania, the largest Australian hydroelectric power producer, said Thursday that it had agreed to form a partnership with CLP Holdings, the biggest electricity supplier in Hong Kong, to invest in wind energy generation in Australia and Asia.
Hydro Tasmania, based in Hobart and owned by the Tasmanian state government, has been seeking a partner to help build wind energy generators and capitalize on demand for renewable energy.
Hydro Tasmania, the trading name of Hydro-Electric Corp., has been investing in wind generation to complement its hydropower and gas-fired plants.
www.iht.com /articles/2005/09/22/bloomberg/sxclp.php   (470 words)

  
 theage.com.au - The Age
Hydro Tasmania has hit back at recent criticism of the BassLink interconnection that is planned to carry power between Tasmania and Victoria.
A spokesman for Hydro Tasmania said claims by wind-power specialist Pacific Hydro that the cable would bring unfair competition to the mainland because it was being subsidised by the Tasmanian taxpayer were untrue.
The Hydro spokesman said the direct-current technology was not suitable for long undersea cables, and would require expensive converter stations to operate.
www.theage.com.au /articles/2002/09/08/1031115972691.html   (375 words)

  
 Tasmanian Times
HYDRO Tasmania and the State Government will be grilled until the seats collapse from the squirming during Government Business Enterprise hearings this week over the power company’s debts.
Neither the Proponent nor Hydro Tasmania have demonstrated any flaws of analysis in my presentation of October 2001 to the JAP, yet the draft Report ignores this by the inclusion of Table 4.2 “Macroeconomic impacts and employment” with data taken directly from the discredited CREA report.
This outcome is consistent with the submission by the CEO of Hydro Tasmania, Geoff Willis who, in his presentation to the Panel in October, said that the project had a 50% chance of failing to break-even if costs were to increase by 10%.
tasmaniantimes.com /index.php/weblog/comments/the-energy-disaster   (3872 words)

  
 Hydro Tasmania - Wikipedia, the free encyclopedia
Hydro Tasmania, known for most of its history as The HEC, is the predominant electricity generator in the state of Tasmania, Australia.
The Hydro is mainly involved with hydro-electricity, with power stations including 27 hydro-electric, one thermal and two diesel power stations.
Hydro Tasmania was formed on the dis-aggregation of the Hydro Electric Commission on July 1, 1998.
en.wikipedia.org /wiki/Hydro_Tasmania   (886 words)

  
 Australian Wind Energy Association   (Site not responding. Last check: 2007-10-16)
The partnership was formalised with Hydro Tasmania giving a Notice to Proceed to the Danish manufacturer for construction of the plant for Hydro Tasmania's wind farm developments.
While the turbine contract included commercially sensitive information, Hydro Tasmania indicated that the project value, including operations and maintenance support and civil works, was likely to amount to some $200 million over the life of the agreement.
Hydro Tasmania to develop Bluff Point wind farm Hydro Tasmania announced today that it will now proceed with Stage Two of the 130 megawatt Woolnorth wind farm project.
www.auswea.com.au /auswea/htmlfiles/HydroTasVestpurchase.htm   (617 words)

  
 Hydro said no to bribe | Mercury - The Voice of Tasmania
HYDRO Tasmania was asked to pay a bribe to help secure an international contract.
Hydro Tasmania Consulting and the Hydro's Roaring 40s joint venture with China Light and Power (CLP Group) have been developing overseas business opportunities in India, Korea, China and New Zealand in the past year.
Hydro is also involved in the development of the Okura windfarm in Hawkes Bay, New Zealand.
www.news.com.au /mercury/story/0,22884,20862207-3462,00.html   (560 words)

  
 02/21/00 -- Tasmania hydro lodges 130 MW Australia wind plan   (Site not responding. Last check: 2007-10-16)
The application to the Circular Head Council is for a staged development, with the first 10 MW of capacity to be connected to the state's grid by January/February 2001.
The Hydro has forecast that up to 400 MW of wind-fired power could be developed in the state, offering potential for green energy to be sold through the Basslink transmission line which is expected to link Tasmania with Victoria be the end of 2002.
Tasmania has power demand around 1,100 MW, which is currently met by hydro-electricity produced by the state-owned generator, but further increases in hydro capacity have been constrained by environmental issues.
www.climateark.org /articles/2000/1st/tasclima.htm   (223 words)

  
 DPIW - Heemskirk Wind Farm   (Site not responding. Last check: 2007-10-16)
Hydro Tasmania has proposed to establish a 160 MW wind farm (the proposed Heemskirk Wind Farm) on the West Coast of Tasmania between Granville Harbour and Trial Harbour.
Hydro Tasmania submitted an application for a Permit to the West Coast Council on 21 January 2003 and a DPEMP in support of its application.
On 19 March 2004, Hydro Tasmania advised the Board that an error had been identified in the avian collision risk models used in the DPEMP, and that the model was therefore to be reviewed and revised.
www.dpiw.tas.gov.au /inter.nsf/WebPages/SSKA-5HZV5H?open   (910 words)

  
 Hydro Tasmania Selects Changepoint
Hydro Tasmania Consulting provides a range of professional, technical, project management and other services to customers within and outside Hydro Tasmania, which consists of approximately 2000 projects per annum ranging in value up to $2.5 Million(AUD).
Hydro Tasmania is Australia's pre-eminent generator of electricity from renewable energy sources, contributing over 60 percent of Australia's renewable energy.
Hydro Tasmania's electricity generating assets have a worth of about $3 billion with a total generating capacity of 2262 MW.
www.compuware.com /pressroom/news/2004/3464_ENG_HTML.htm   (477 words)

  
 IRIS Tasmania: Energy
Tasmania also has Australia's largest wind farm, Woolnorth in the far north west, which has a capacity of around 65MW.
Tasmania formally joined the National Electricity Market (NEM) in May 2005, in preparation for the completion of the Basslink high voltage undersea cable between Tasmania and Victoria (which was completed in April 2006).
Tasmania is also connected into the Australian natural gas network by a sub-sea transmission pipeline.
www.iris.tas.gov.au /infrastructure/energy   (292 words)

  
 Brand Tasmania >> Innovate >> issue 67 - Story A rose for Princess Mary
Tasmania's own royal, Crown Princess Mary of Denmark, has had a delicate cream-and-honey coloured rose named after her.
Hydro Tasmania returned a $44.3 million profit after tax for the 2005-06 financial year, with revenue of over half a billion dollars.
Hydro Tasmania also paid the Basslink security deposit upon its successful commissioning by British owner National Grid, which decided in November to divest itself of the cable.
www.brandtasmania.com /BrandIndividual.php?t=Story&issue=67&tl=7   (920 words)

  
 Hydro Tasmania and Asian energy giant to co-invest in renewable energy partnership
Hydro Tasmania and Asian energy giant to co-invest in renewable energy partnership
Hydro Tasmania, Australia's leading renewable energy business, and CLP Power Asia Limited, the pre-eminent power developer, owner and operator in Asia, today announced they will jointly pursue renewable energy developments in Australia and overseas.
"Hydro Tasmania does not have the capacity to take on more debt on its balance sheet, nor the cash flow to pursue wind farm developments on its own.
renewableenergyaccess.com /rea/market/business/viewstory?id=36944   (905 words)

  
 Energy: Renewable Energy
Tasmania is unique within Australia as the only State that generates over 90% of its electricity from hydro-electric power schemes.
Hydro has been the predominant source of electricity since the first power stations were built in the early 1900's.  To date, there are 29 hydro-electricity power plants in seven different catchment areas through out Tasmania.
Hydro Tasmania's first wind farm development on King Island has resulted in substantial diesel fuel savings for the island.  The next wind development is the 130MW Woolnorth wind farm on the west coast of Tasmania.
www.dier.tas.gov.au /energy/renewable_energy   (658 words)

  
 Venture backs wind power - Business - Business - smh.com.au
Hydro Tasmania and China Light and Power plan to spend $1.5 billion building 1000 megawatts of wind generation by 2010 as part of their new joint venture.
Originally Hydro Tasmania planned to set up a wind business purely on Australian soil but the Federal Government's 2004 decision not to raise the mandated renewable energy target meant the company had to find other opportunities.
Hydro Tasmania's contribution is two existing wind farms, one in Tasmania, and a half stake in a South Australian facility.
www.smh.com.au /news/business/venture-backs-wind-power/2005/09/23/1126982229203.html   (274 words)

  
 Hydro Tasmania accounts are 'tight' | NEWS.com.au
TASMANIA'S independent Auditor-General Mike Blake has warned that Hydro Tasmania is perilously close to losing control of its finances.
But Mr Blake's major concerns surround Hydro Tasmania, its high levels of borrowings and its big demands for capital expenditure improvement in the face of a lack of working capital.
Mr Blake says while Hydro has decreased its debt this year, its liabilities, mainly because of the $92 million annual fee it pays for using the Basslink cable to the mainland, are greatly in excess of its revenue.
www.news.com.au /story/0,23599,20801022-1244,00.html   (436 words)

  
 Planet Ark : Hydro Tasmania eyes Australia mainland wind power
Hydro Tasmania is examining sites in Victoria, South Australia and Western Australia, but Willis said work was at a very preliminary stage.
Hydro Tasmania provides the island state's power from hydro-electricity schemes, but environmental battles in the 1980s halted expansion plans.
Hydro Tasmania has government approvals for the 130 megawatt Woolnorth Wind Farm and is looking at sites at Musselroe and Granville in Tasmania as well as further afield.
www.planetark.org /dailynewsstory.cfm/newsid/13592/story.htm   (535 words)

  
 80-20 Software - News : 80-20 helps flow of compliance at Hydro Tasmanian
When John DeGroot was given the job of managing corporate governance at power utility Hydro Tasmania, there were plenty of business scandals in the press to focus his mind on the problem.
Adding urgency to the project is the introduction of regulatory changes at Hydro, which manages more than 50 dams and generates 60per cent of Australia's renewable energy.
Previously a state industry regulator as well as an operator, Hydro has been restructured as a power generator and has a new set of industry and government rules to abide by.
www.80-20.com /news/in_the_news/compliance_hydro_tasmanian.asp   (703 words)

  
 Hydro Tasmania Three Peaks Race - the ultimate endurance challenge.   (Site not responding. Last check: 2007-10-16)
Thirteen teams entered for the 19th Hydro Tasmania Three Peaks Race are finalising preparations for the Good Friday race start.
The Hydro Tasmania Three Peaks Race is a non-stop event, commencing at Beauty Point just north of Launceston on the Tamar River and finishing in Hobart on the Derwent River.
The east-coast course around Tasmania affords the best combinations of suitable mountains, coastal centres, accessibility for followers, press crews and the public.
www.threepeaks.org.au   (641 words)

  
 Hydro Tasmania awarded for commitment to sustainability
Hydro Tasmania's commitment to sustainability was recognised in this year's Tasmanian Awards for Environmental Excellence by winning the Sustainable Business Award.
Hydro Tasmania Chief Executive Officer, Geoff Willis, said the award acknowledges the growing reputation Hydro Tasmania has for its sustainable business practices.
Hydro Tasmania is nominated for the National Banksia Awards which will be announced on 22 July 2006.
www.renewableenergyaccess.com /rea/news/printstory?id=45257   (294 words)

  
 Tasmanian Times
The truth is that Hydro’s financial strength and technical expertise were essential in the successful completion of Basslink and the natural gas project, a critical infrastructure, might I say, that has saved Tasmania from an economic catastrophe that would otherwise have been an inevitable result of the current drought.
The truth is that the generation of Tasmanians who built the Hydro deserve better than to have their legacy trampled by a grubby tactic adopted by people who would never bear the responsibility of governing our State and have no policy ideas of their own.
The truth is that the world-class employees of Hydro Tasmania deserve better than to have their efforts vilified and their significant achievements ignored for short-term political advantage.
tasmaniantimes.com /index.php/weblog/comments/2500   (2986 words)

  
 Hydro Tasmania warns Govt on handout bid
Hydro Tasmania says its position in the national electricity market could suffer if the State Government rejects its bid for a $300 million handout.
Hydro says its finances have been depleted by the need to buy gas turbines, in the wake of several years of below-average rain.
Tasmania's Opposition says the State Government could be forced to sell parts of Hydro Tasmania, to help ease the company's debt problem.
www.abc.net.au /news/items/200605/1643913.htm?tasmania   (287 words)

  
 News: Hydro Tasmania demands damages from Ericsson - Mobile Monday
It has filed and served a counter-claim against the telecommunications giant which is suing the Hydro and Tasmania Police for millions of dollars in a long-running dispute over a digital radio network, The Sunday Tasmanian reports.
The Hydro is seeking damages for what it argues is Ericsson’s serious under-performance and alleged breaches of its contractual arrangements.
Hydro Tasmania external communications spokeswoman Helen Brain said that in the mid-1990s Ericsson entered into a long-term contract with Hydro Tasmania for the provision of operational mobile radio services.
www.mobilemonday.net /mm/story.php?id=3981   (277 words)

  
 Planet Ark - Hydro Tasmania signs wind power deal with Vestas   (Site not responding. Last check: 2007-10-16)
HOBART - Hydro Tasmania said yesterday it had signed a contract with Danish wind turbine manufacturer Vestas Wind Systems for six 1.75 megawatt turbines for a A$20 million first-stage of a wind farm development.
State-owned Hydro Tasmania said the 10.5 MW project was the first step in a 130 MW wind farm development at Woolnorth on the state's west coast, for which development approval is still pending.
Hydro Tasmania has identified potential wind generation of up to 1,000 MW on Tasmania's west coast, which is in the wind-blasted "Roaring Forties" of the Southern Hemisphere.
www.planetark.com /avantgo/dailynewsstory.cfm?newsid=9125   (188 words)

  
 Vanteck Subsidiary Awarded Contract to Supply a VRBPower System to Hydro Tasmania
Hydro Tasmania's wind farm at Huxley Hill on King Island is Australia's second commercial wind farm installation.
About Hydro Tasmania Hydro Tasmania is Australia's pre-eminent generator of electricity from renewable energy sources, contributing over 60 percent of Australia's renewable energy.
Hydro Tasmania has over 3 billion dollars of generating assets with a total generating capacity of 2262 MW, and is the largest dam owner in Australia with over 50 large dams.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/07-26-2002/0001772376&EDATE=   (682 words)

  
 DPIW - Musselroe Wind Farm   (Site not responding. Last check: 2007-10-16)
Dorset Council has received a development application from Hydro Tasmania to establish a 140 MW wind farm (the proposed Musselroe Wind Farm) on the 'Cape Portland' property in north east Tasmania.
In October 2003 Hydro Tasmania submitted an additional DPEMP relating to an alternative alignment for part of the transmission line
Hydro Tasmania was also requested by the EMPC Board to provide supplementary information to address public and government comments.
www.dpiw.tas.gov.au /inter.nsf/WebPages/CDAT-5L98GS?open   (468 words)

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