The following outcomes will indicate success The Government recognises that some of these against this vision: outcomes will be challenging and hard to measure and may take time to achieve. For this reason the timeframe for the Energy Strategy is Tasmanian electricity prices will be 20 years. amongst the lowest in Australia. Section three of the Energy Strategy briefly Tasmania’s State-owned energy discusses the context and circumstances that businesses will be more cost efficient exist in Tasmania’s energy markets relevant to thereby contributing to the lowest possible progressing our vision. energy prices. Consumers will have greater choice about Section four of the Energy Strategy describes how to meet their energy supply needs the actions that Government will pursue to and will pay competitive, fair and achieve the vision and its associated outcomes. predictable prices for those choices. The majority of these actions are short to medium term. The Strategy will be reviewed at Consumers’ energy needs will be met five year intervals as a minimum, to add to and through a safe, secure, and reliable update its actions. supply, supported by the minimum necessary regulatory arrangements. 3. Tasmanian energy issues Tasmanian businesses will secure increased productivity and reduced cost now and into the future – pressure through affordable and predictable power prices and improved When Tasmanians think of energy they energy efficiency. generally think of Hydro’. This era ‘the Tasmanian households will experience commenced 100 years ago and since then the less household budget pressure through history of the Hydro has been inextricably linked affordable and predictable power prices with Tasmania’s industrial, economic, and improved energy efficiency. geographic and cultural development. The contribution of energy to cost of living In essence, Tasmania’s renewable pressure for the most vulnerable provided a competitive advantage that customers will be reduced. helped drive our past prosperity, through Tasmania will be attractive for energy creating the energy system to support the intensive industry through the provision of attraction and growth of industries. competitive, predictable long term power offerings. The Hydro is an important part of Tasmania’s energy story but it is not the only part. For – Tasmania will continue to contribute example, many people are surprised to hear that significantly to renewable energy they probably spend more on fuel to run their car nationally reinforcing its reputation as the than for electricity to power their home. Wood renewable energy State. and LPG are also an important heating fuel for many Tasmanian households.
The following outcomes will indicate success against this vision: Tasmanian electricity prices will be amongst the lowest in Australia. Tasmania’s State-owned energy businesses will be more cost efficient thereby contributing to the lowest possible energy prices. Consumers will have greater choice about how to meet their energy supply needs and will pay competitive, fair and predictable prices for those choices. Consumers’ energy needs will be met through a safe, secure, and reliable supply, supported by the minimum necessary regulatory arrangements. Tasmanian businesses will secure increased productivity and reduced cost pressure through affordable and predictable power prices and improved energy efficiency. Tasmanian households will experience less household budget pressure through affordable and predictable power prices and improved energy efficiency. The contribution of energy to cost of living pressure for the most vulnerable customers will be reduced. Tasmania will be attractive for energy intensive industry through the provision of competitive, predictable long term power offerings. Tasmania will continue to contribute significantly to renewable energy nationally reinforcing its reputation as the renewable energy State. The Government recognises that some of these outcomes will be challenging and hard to measure and may take time to achieve. For this reason the timeframe for the Energy Strategy is 20 years. Section three of the Energy Strategy briefly discusses the context and circumstances that exist in Tasmania’s energy markets relevant to progressing our vision. Section four of the Energy Strategy describes the actions that Government will pursue to achieve the vision and its associated outcomes. The majority of these actions are short to medium term. The Strategy will be reviewed at five year intervals as a minimum, to add to and update its actions. 3. Tasmanian energy issues – now and into the future When Tasmanians think of energy they generally think of ‘the Hydro’. This era commenced 100 years ago and since then the history of the Hydro has been inextricably linked with Tasmania’s industrial, economic, geographic and cultural development. In essence, Tasmania’s renewable provided a competitive advantage that helped drive our past prosperity, through creating the energy system to support the attraction and growth of industries. The Hydro is an important part of Tasmania’s energy story – but it is not the only part. For example, many people are surprised to hear that they probably spend more on fuel to run their car than for electricity to power their home. Wood and LPG are also an important heating fuel for many Tasmanian households.
Tasmanian_Energy_Strategy_-_draft_for_public_comment_20141219.docx