TasNetworks

Tasmanian Networks Pty Ltd
TasNetworks
Company typeState owned company
IndustryPublic utility
PredecessorTransend Networks, Aurora Energy (distribution)
Founded1 July 2014 (2014-07-01)
Headquarters
Lenah Valley, Tasmania
,
Australia
Area served
Tasmania
ServicesElectricity transmission and distribution, Telecommunications
OwnerGovernment of Tasmania
Websitewww.tasnetworks.com.au

Tasmanian Networks Pty Limited, trading as TasNetworks, is a Tasmanian Government State owned company that is responsible for electricity transmission and distribution throughout Tasmania. It also owns and operates a telecommunications network throughout the state.[1]

TasNetworks is a participant in the Australian National Electricity Market (NEM) that operates an interconnected power system that extends from Queensland to South Australia. Tasmania is connected to the NEM via the Basslink interconnector, which is a 370 km (230 mi) HVDC submarine cable.

TasNetworks is a regulated monopoly that receives its revenue cap from the Australian Energy Regulator.[2] The company has two shareholders, the Minister for Energy and the Treasurer of Tasmania.[3] TasNetworks was formed on 1 July 2014, following the merger of the transmission company Transend Networks, which disbanded, and the distribution division of Aurora Energy; which became a retail-only business.[4]

See also

References

  1. ^ "About TasNetworks". Retrieved 23 November 2017.
  2. ^ "Australian Energy Regulator - TasNetworks". Retrieved 17 August 2014.
  3. ^ "Corporate governance". TasNetworks. Retrieved 15 July 2016.
  4. ^ "Tasmania throws switch on retail energy competition". Australian Broadcasting Corporation. 1 July 2014. Retrieved 17 August 2014.