News - January, 2009

23 December 2009

CPI increase for Bass Strait islands’ electricity tariffs

The price of electricity for customers on King and Flinders Islands will increase by 1.46 per cent from 1 January 2010, equivalent to the rise in the Consumer Price Index.

7 December 2009

Hydro Tasmania announces CEO departure

Hydro Tasmania Chairman Dr David Crean today announced that CEO Vince Hawksworth will leave the business in May next year to take on a new role as CEO of TrustPower NZ.

12 November 2009

West Coast celebrates opening of Upper Lake Margaret Power Scheme

The $14.7 million Upper Lake Margaret Power Scheme was officially opened today by Premier David Bartlett.

29 October 2009

Strong performance results in profit turnaround

Hydro Tasmania recorded an operational profit of $38 million for 2008/09, a turnaround of almost $100 million from the previous year.

2 October 2009

Early completion of Momentum Energy purchase

Australia’s leading renewable energy business Hydro Tasmania has completed its purchase of Momentum Energy.

29 June 2009

Closure of Lake Pedder Chalet

As announced in April, the Lake Pedder Chalet at Strathgordon will be closed to the public from 1 July 2009.

3 June 2009

Catagunya Dam 38 million dollar upgrade underway

Hydro Tasmania is using world-leading innovative technology on the $38 million upgrade of the Catagunya Dam in the Derwent Valley.

21 May 2009

Auditor-General’s report welcomed

Hydro Tasmania has welcomed the Auditor-General’s finding that it had appropriately managed its currency and interest rate hedges around the Basslink project.

30 April 2009

Hydro Tasmania welcomes COAG renewable energy target

Hydro Tasmania has welcomed the Council of Australian Governments’ endorsement of the final design and commitment to implementing the 20 per cent renewable energy target by 2020.

24 April 2009

Cloud seeding program details released

Hydro Tasmania has announced details of its 2009 cloud seeding program.

The season will begin on 28 April and continue until 31 October.