TasNetworks is a

Government of Tasmania The Tasmanian Government is the executive branch of the Australian state of Tasmania. The leader of the party or coalition with the Confidence and supply, confidence of the Tasmanian House of Assembly, House of Assembly, the lower house of the ...

State owned company A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goo ...

that is responsible for electricity transmission and

distribution Distribution may refer to: Mathematics *Distribution (mathematics), generalized functions used to formulate solutions of partial differential equations *Probability distribution, the probability of a particular value or value range of a varia ...

throughout

Tasmania Tasmania (; palawa kani: ''Lutruwita'') is an island States and territories of Australia, state of Australia. It is located to the south of the Mainland Australia, Australian mainland, and is separated from it by the Bass Strait. The sta ...

, Australia. It also owns and operates a

telecommunications Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of ...

network throughout the state. TasNetworks is a participant in the Australian

National Electricity Market The National Electricity Market (NEM) is an arrangement in Australia's electricity sector for the connection of the electricity transmission grids of the eastern and southern Australia states and territories to create a cross-state wholesale ele ...

(NEM) that operates an interconnected power system that extends from

Queensland Queensland ( , commonly abbreviated as Qld) is a States and territories of Australia, state in northeastern Australia, and is the second-largest and third-most populous state in Australia. It is bordered by the Northern Territory, South Austr ...

South Australia South Australia (commonly abbreviated as SA) is a States and territories of Australia, state in the southern central part of Australia. With a total land area of , it is the fourth-largest of Australia's states and territories by area, which in ...

. Tasmania is connected to the NEM via the Basslink interconnector, which is a HVDC submarine cable. TasNetworks is a regulated monopoly that receives its revenue cap from the Australian Energy Regulator. The company has two shareholders, the Minister for Energy and the

Treasurer of Tasmania Treasurer of Tasmania is the title held by the Cabinet minister who is responsible for the financial management of Tasmania’s budget sector. List of Tasmanian treasurers References {{Australian Treasurers Tasmania Tasmania ...

. TasNetworks was formed on 1 July 2014, following the merger of the transmission company Transend Networks and the distribution division of Aurora Energy; which became a retail-only business.

References

External links

Official website
{{Authority control Companies based in Tasmania Electric power distribution network operators in Australia Electric power monopolies Electric power transmission system operators in Australia Government-owned companies of Tasmania Government-owned energy companies Public utilities established in 2014 Telecommunications companies established in 2014 2014 establishments in Australia