This is the eleventh post is the second of four related to the financial position of Hydro Tasmania with a focus on the balance sheet. All eighteen chapters are related to how Hydro Tasmania actually earns money, how the National Electricity Market shapes its fortunes, and why the numbers in its accounts now matter more […]

Read More… from Chapter 11: Hydro Tasmania – The Balance Sheet – What Hydro Really Owns and Owes

This post begins a series related to the financial position of Hydro Tasmania with a focus in this post on its underlying profit. This series of 18 chapters outlines how Hydro Tasmania actually earns money, how the National Electricity Market shapes its fortunes, and why the numbers in its accounts now matter more than at […]

Read More… from Chapter 10: Hydro Tasmania’s Underlying Profit – What It Is, What It Isn’t, and Why It Matters

This is the last of the foundation Chapters describing a little discussed but nevertheless important part of the NEM system – the role of Frequency Control Ancillary Services to Hydro Tasmania and its revenues. Tomorrow’s post will use the prior information and knowledge to have a meaningful look at Hydro’s Profit and Loss statement. Chapters […]

Read More… from Chapter 9: FCAS – Useful, Modest, and Now Mostly Contractual

This eighth post provides information on the new Renewable Electricity Guarantee of Origin (REGO) scheme and what is means for Hydro Tasmania. This is a quite complex (some may say nerdish) area and included to try and provide some background and context to the posts that follow related to the key issue – what all […]

Read More… from Chapter 8: REGOs -The New Certificate Scheme, and the Physical Reality That Limits Their Worth

This seventh post provides detail about how Hydro Tasmania’s Power Purchase Agreements (PPAs) impact on their financial performance. There are 18 Chapters in total. I will continue posting a new post daily, or thereabouts, related to how Hydro Tasmania actually earns money, how the National Electricity Market (NEM) shapes its fortunes, and why the numbers […]

Read More… from Chapter 7: PPAs -The Trojan Horse That Reshaped Tasmania’s Energy System

Over the next three weeks, I will continue posting a new post daily, or thereabouts, related to how Hydro Tasmania actually earns money, how the National Electricity Market shapes its fortunes, and why the numbers in its accounts now matter more than at any time in the past two decades. It also seeks to dismantle […]

Read More… from Chapter 6: LGCs – The $142 Million Problem Hidden in Plain Sight

Over the next three weeks, I will continue posting a new post daily, or thereabouts, related to how Hydro Tasmania actually earns money, how the National Electricity Market (NEM) shapes its fortunes, and why the numbers in its accounts now matter more than at any time in the past two decades. It also seeks to […]

Read More… from Chapter 5: Inter-Regional Revenues/Residuals (IRRs) Explained

Over the next three weeks, I will continue posting a new post daily, or thereabouts, related to how Hydro Tasmania actually earns money, how the National Electricity Market shapes its fortunes, and why the numbers in its accounts now matter more than at any time in the past two decades. It also seeks to dismantle […]

Read More… from Chapter 4: How the NEM Really Works for Tasmania

Tasmanians Deserve Straight Answers on Marinus – Not Marketing This piece is a rebuttal to the opinion piece published in the Mercury Newspaper today from Minister for Energy, Hon Nick Duigan MP. You can read it there or in the picture attached to this post. The following is my response to his comments. Tasmania’s energy […]

Read More… from Rebuttal to Opinion Piece from Minister Duigan

Over the next three weeks, I will be posting a new post daily, or thereabouts, related to how Hydro Tasmania actually earns money, how the National Electricity Market shapes its fortunes, and why the numbers in its accounts now matter more than at any time in the past two decades. It also seeks to dismantle […]

Read More… from Chapter 2 – Electricity and the NEM – The Basics Tasmania Was Never Told