SA Power Networks
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SA Power Networks
SA Power Networks is the sole electricity distributor in the state of South Australia, delivering electricity from high voltage transmission network connection points operated by ElectraNet. It is the successor to the Electricity Trust of South Australia. Ownership SA Power Networks arose from the split up of the generation, transmission, distribution and retail responsibilities of the former SA Government-owned Electricity Trust of South Australia and its subsequent privatisation in 1999. The distribution business is owned by the Hong Kong-based Cheung Kong Infrastructure Holdings (51%), and Spark Infrastructure (49%). SA Power Networks is structured as a partnership of CKI Utilities Development Limited, PAI Utilities Development Limited, each incorporated in the Bahamas; and Spark Infrastructure SA (No. 1) Pty Ltd, Spark Infrastructure SA (No. 2) Pty Ltd, and Spark Infrastructure SA (No. 3) Pty Ltd, each incorporated in Australia. Regulated electricity distribution SA Powe ...
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Electricity Trust Of South Australia
The Electricity Trust of South Australia (ETSA) was the South Australian Government-owned monopoly vertically integrated electricity provider from 1946 until its privatisation in 1999. Precursors Early days (1882–1900) Charles Todd, an early settler in Adelaide who oversaw telegraphic communications in the colony and beyond, also introduced the idea of electrical street lighting, necessitating a public electricity supply. An Act of Parliament created the South Australian Electric Company in 1882, but the company did not ever start to produce electricity, owing mainly to opposition by those holding interests in the South Australian Gas Company, which supplied power using natural gas. The South Australian Electric Light and Motive Power Company was registered in March 1895 and was authorised to provide power throughout the colony of South Australia. Previously, municipal councils had been empowered to provide electricity within their areas, but none did so. The company star ...
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ...
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Cheung Kong Infrastructure Holdings
CK Infrastructure Holdings Limited (CKI), is the largest publicly listed infrastructure company in Hong Kong with diversified investments in energy infrastructure, transportation Infrastructure, water Infrastructure and infrastructure related business, parented by CK Hutchison Holdings, businessman Li Ka Shing's flagship company. It is a leading player in the global infrastructure arena in Hong Kong, Mainland China, Australia, New Zealand, the United Kingdom, Continental Europe and North America. The chairman is Victor Li, the elder son of Li Ka Shing. CKI is currently a Hang Seng Index Constituent Stock ( bluechip). On 30 July 2010, CK Infrastructure, the former Hongkong Electric Holdings (subsequently renamed Power Assets Holdings Limited in February 2011) and the Li Ka Shing Foundation announced the acquisition of three UK electricity networks business from Électricité de France. On 20 January 2015, CK Infrastructure Holdings announced the acquisition of British company ...
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Spark Infrastructure
Spark Infrastructure Group is an Australian investment fund which owns and manages a portfolio of electricity infrastructure assets. Spark's principal investments are 49% stakes in both SA Power Networks and Victoria Power Networks; as well as a 15% stake in the NSW Power Networks consortium given the concession for TransGrid, the high-voltage transmission system for New South Wales. History The company debuted on the Australian Securities Exchange on 16 December 2005 with the stock symbol SKICA representing an instalment receipt with a final instalment due in March 2007 when the instalment receipts were transferred for SKI shares. In August 2021, a takeover bid from KKR, Ontario Teachers' Pension Plan and Public Sector Pension Investment Board was accepted by the board of directors A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprof ...
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Electricity Distribution
Electric power distribution is the final stage in the delivery of electric power; it carries electricity from the transmission system to individual consumers. Distribution substations connect to the transmission system and lower the transmission voltage to medium voltage ranging between and with the use of transformers. ''Primary'' distribution lines carry this medium voltage power to distribution transformers located near the customer's premises. Distribution transformers again lower the voltage to the utilization voltage used by lighting, industrial equipment and household appliances. Often several customers are supplied from one transformer through ''secondary'' distribution lines. Commercial and residential customers are connected to the secondary distribution lines through service drops. Customers demanding a much larger amount of power may be connected directly to the primary distribution level or the subtransmission level. The transition from transmission to distribut ...
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South Australia
South Australia (commonly abbreviated as SA) is a state in the southern central part of Australia. It covers some of the most arid parts of the country. With a total land area of , it is the fourth-largest of Australia's states and territories by area, and second smallest state by population. It has a total of 1.8 million people. Its population is the second most highly centralised in Australia, after Western Australia, with more than 77 percent of South Australians living in the capital Adelaide, or its environs. Other population centres in the state are relatively small; Mount Gambier, the second-largest centre, has a population of 33,233. South Australia shares borders with all of the other mainland states, as well as the Northern Territory; it is bordered to the west by Western Australia, to the north by the Northern Territory, to the north-east by Queensland, to the east by New South Wales, to the south-east by Victoria, and to the south by the Great Australian Bight.M ...
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ElectraNet
Electranet is a proposed smart electric grid which would allow people to sell electricity into the grid without any artificial caps. It was proposed in an op-ed article Al Gore wrote in a "My Turn" column for ''Newsweek'' in 2006. Like the internet, which widely distributed information, the Electranet would allow homeowners and small businesses to operate small generating power facilities and contribute to local and regional energy needs by selling power into the grid at a rate that is determined by free market forces. Like the internet, which led to a surge of productivity, the Electranet's distributed generation model is hoped to lead to innovative power generation through alternative sources and lowering greenhouse gas emissions. Electranet advocates predict that as more people participate in the Electranet, the cost of electricity will continue to go down until it becomes free. In a 2006 speech to NYU, Al Gore advocated deploying an Electranet as one way to reduce global war ...
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Government Of South Australia
The Government of South Australia, also referred to as the South Australian Government, SA Government or more formally, His Majesty’s Government, is the Australian state democratic administrative authority of South Australia. It is modelled on the Westminster system of government, which is governed by an elected parliament. History Until 1857, the Province of South Australia was ruled by a Governor responsible to the British Crown. The Government of South Australia was formed in 1857, as prescribed in its Constitution created by the Constitution Act 1856 (an act of parliament of the then United Kingdom of Great Britain and Ireland under Queen Victoria), which created South Australia as a self-governing colony rather than being a province governed from Britain. Since the federation of Australia in 1901, South Australia has been a state of the Commonwealth of Australia, which is a constitutional monarchy, and the Constitution of Australia regulates the state of South A ...
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Australian Energy Regulator
The Australian Energy Regulator (AER) is the regulator of the wholesale electricity and gas markets in Australia. It is part of the Australian Competition & Consumer Commission and enforces the rules established by the Australian Energy Market Commission. The AER was established in July 2005. The next year all 13 bodies previously responsible for energy regulation had transferred responsibility to the AER. Decisions made by the regulator are subject to appeal. Functions The AER's current functions are focused on regulating the natural monopoly transmission and distribution sectors of the national electricity market, monitoring the wholesale electricity market and enforcing electricity market rules. The AER's regulatory functions and powers are conferred upon it by the national electricity law and the national electricity rules. Under the national electricity law and national electricity rules, the AER's key responsibilities at the present time include: * regulating the revenues ...
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Essential Services Commission Of South Australia
{{Use dmy dates, date=November 2019 The Essential Services Commission of South Australia (ESCOSA) is the independent economic regulator established by the State Government of South Australia, to regulate prescribed essential utility services supplied by the electricity, Natural gas, gas, water, ports and Rail transport, rail industries. History ESCOSA was established under the ''Essential Services Commission Act 2002'' (ESC Act), which came into effect on 12 September 2002. It is the same body corporate as the former South Australia, Australian Independent Industry Regulator (SAIIR), which was previously responsible for some of the ESCOSA's regulatory functions . Functions Under the ESC Act, the functions of the ESCOSA are to: * regulate prices and perform licensing and other functions under relevant industry regulation Acts; *monitor and enforce compliance with and promote improvement in standards and conditions of service and supply under relevant industry regulation Acts; *m ...
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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 electricity market. The Australian Energy Market Commission develops and maintains the Australian National Electricity Rules (NER), which have the force of law in the states and territories participating in NEM. The Rules are enforced by the Australian Energy Regulator. The day-to-day management of NEM is performed by the Australian Energy Market Operator. NEM operations began on 13 December 1998 and currently covers Queensland, New South Wales, Australian Capital Territory, Victoria, Tasmania and South Australia. Western Australia and the Northern Territory are not connected to the NEM. The NEM comprises five regions, with the ACT being in the NSW region. Tasmania joined the NEM in May 2005 and became fully operational on 29 April 2006 when ...
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Nick Bolkus
Nick Bolkus (born 17 July 1950) is a former Australian Labor Party politician. He was a member of the Senate from July 1981 to June 2005, representing the state of South Australia. Early career Bolkus was born in Adelaide and educated at Adelaide High School and the University of Adelaide. He was very briefly a lawyer in 1974 and 1975 before moving into political advising as a research officer for a number of Australian Labor Party (ALP) members including Clyde Cameron. He unsuccessfully ran for the district of Torrens at the 1975 state election and for the Senate at the 1977 federal election. He entered politics as a Senator for South Australia following the 1980 Australian federal election. Parliamentary career Bolkus stayed on the back bench for his first seven years in Parliament. Bolkus was eventually promoted to the outer Ministry as Minister for Consumer Affairs and Minister Assisting the Treasurer for Prices (1988–90). Bolkus became a Cabinet Minister for five ye ...
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