Key Facts about Hydro Tasmania
- Australia's leading renewable energy generator producing 50 per cent of the nation's renewable energy. Country's largest water manager
- Values-based organisation committed to creating a sustainable future and increasing the value of the business
- Proud history in power engineering, dam construction and renewable development
- Basslink- supported world's longest undersea power cable project, enabling Hydro Tasmania to trade electricity 24/7 in the National Electricity Market
- World-class engineering consulting business providing sustainable water and energy solutions across the globe
- Wind farm development -Hydro Tasmania has wind farms in Tasmania, South Australia, China and India through Roaring 40s -a 50-50 joint venture with CLP
- Owns 28 operating power stations and 64 dams with total generating capacity of 2510 MW producing around 10 000 GWh per annum
- Total asset value of $3.4 billion
- Employs around 820 people with offices in Hobart, Melbourne, Adelaide and New Delhi
- Government Business Enterprise owned by the people of Tasmania
Our Vision
To be Tasmania's world-renowned renewable energy business
Our Values
Our organisation is fundamentally guided by our core values:
- We always behave with honesty and integrity
- We work together; respect each other and value our diversity
- We strive to deliver outstanding service
- We are committed to creating a sustainable future
- Our positive and determined approach ensures success
Our Mission
We will create a sustainable future and increase the value of our business through:
- world-class asset and resource management
- building our financial strength and delivering sustainable returns to our owners, the people of Tasmania
- developing renewable energy projects
- being the premier employer of the most capable people in our industry
- product innovation for customers in consulting, electricity and green markets
- becoming the first carbon neutral generator in Australia
- being easy to do business with
World-Class Asset and Resource Management
- Moving from Asset Maintainer to Asset Manager
- Maintain and improve required Level of Service; minimise the future whole-of-life cycle cost of owning and managing the asset portfolio
- Taking care of our water resources responsibly
Building Financial Strength
- Increasing revenues by growth in our customer base
- Investing in projects that add value
- Optimising costs to be recognised as excellent financial managers
- Delivering sustainable financial returns to our owners - the people of Tasmania
Developing Renewable Energy Projects
Responding to the Federal Government's renewable energy policy
Roaring 40s
- Musselroe and Waterloo
- Multitude of Chinese projects
New Hydro and System Enhancement
- Targeting 1000 GWh of additional production
- Reviewing Tasmanian hydro generation and diversion options
Remote Area Power Supplies
- Implement innovative renewable technology systems on King Island
Premier Employer of Most Capable People
Hydro Tasmania to be the place where people in the industry want to work.
- People beating down our doors to work for us
- Top benchmark levels of engagement
- Innovative and creative work environment
- Excellent at knowledge management and sharing
Product Innovation for Targeted Markets
Design products that:
- meet customer needs and solve clients' problems
- beat the competition/maximise revenue from our unique potential
Encourage and support new ideas all the way to realisation
Streamline processes to evaluate and implement new products and initiatives
Australia's First Carbon Neutral Generator
Aspire to be carbon neutral by 2012
- Reducing energy consumption through energy efficiency projects
- Substituting carbon intensive fuels
- Offsetting remaining emissions from credible sources
EasyTo Do Business With
External Customers
- Responsive to requests for product/service; customised by understanding their business
- Rapid pricing, decisions and deal closure where appropriate
Suppliers
- Mutual value proposition; long-term sustainable relationships
- Clear and consistent procurement process
- Clear quality/price expectations; prompt payment
Internal Services
- Cut bureaucracy - simplify process
- Responsive -"can do"
Where We See Ourselves in Five Years
- Leading sustainable energy business in Australia
- Extra 1000 GWh from feasible system enhancements identified
- Delivering annual sustainable dividends to our shareholders
- Debt reduced and value of business increased
- Roaring 40s pre-eminent wind energy business in Asia-Pacific
- Musselroe up and running
- Hydro Tasmania now carbon neutral
- Recognised globally as preferred employer in renewable energy market
- Staff engagement among the top quartile in Australia
- Hydro Tasmania a Customer and Supplier of choice
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