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Hydro Tasmania confirms it has terminated the Basslink Services Agreement (BSA) as announced by the Minister for Energy and Emissions Reduction today.

Momentum Energy, a subsidiary of Hydro Tasmania, has been awarded 4.5 stars out of five in the Green Electricity Guide by Greenpeace Australia, putting it at number 3 nationally.

Hydro Tasmania and Tasmanian Gas Pipeline (TGP) have reached agreement on terms for a gas transportation contract commencing on 1 January 2022.

Acting CEO Ian Brooksbank said Lisa is perfectly placed to lead Momentum Energy into its next phase of growth.

Hydro Tasmania welcomes the release of the draft 2022 Integrated System Plan (ISP) which has confirmed the importance of Marinus Link to unlocking Tasmania’s dispatchable energy capacity and long duration storage opportunities, now identifying it as an “actionable project”.

Hydro Tasmania has notified the Australian Energy Regulator (AER) of an access dispute between it and the Tasmanian Gas Pipeline (TGP) about the terms of a new contract to provide the Tamar Valley Power Station with gas pipeline access.

Hydro Tasmania’s Victorian-based retail business Momentum Energy has delivered ahead of schedule on the State Government’s commitment to bring more than 70 jobs to Tasmania.

Hydro Tasmania is meeting increased demand for new connections on King and Flinders islands by investing $1.3 million on two new crane trucks, which will arrive on the islands this Christmas.

Hydro Tasmania is aware of the announcement by Keppel Infrastructure Trust and Basslink interconnector continues to operate through this process.