Transend Networks
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The electrical transmission company Transend Networks Pty Ltd was formed by the disaggregation of the Hydro Electric Commission in Tasmania, Australia, on 1 July 1998. This resulted in the division of the government-owned department into three new state-owned enterprises: Hydro Tasmania which generates the power, Transend Networks which transmits it across the state, and Aurora Energy, the retail arm, which sells and distributes it to customers.
This disaggregation was in anticipation of Tasmania joining the National Electricity Market (NEM) which took place on 1 May 2005. Market entry allows Basslink, a Market Network Service Provider, to connect Tasmania to the National electricity grid on the Australian mainland. Basslink commissioning was completed in June, 2006.
Transend Networks is a regulated business which receives it's revenue cap from the Office of the Tasmanian Energy Regulator (OTTER).
