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Synergy (electricity Corporation)
Synergy is a corporation owned by the Government of Western Australia. Synergy is Western Australia’s largest energy retailer and generator with more than one million industrial, commercial and residential customers, generating total annual revenue of more than $3.2 billion (2014/15 financial year). History Synergy, Verve Energy, Horizon Power and Western Power were created in 2006 as a result of the breakup (disaggregation) of Western Power Corporation. With effect from 1 January 2014 the retailer (Synergy) merged with the state-owned generation business (Verve Energy). That new company is also called Synergy. Area served (retail electricity) Synergy sells electricity to customers connected to the South West Interconnected System (SWIS) covering the area from Kalbarri in the north to Albany in the south and east to Kalgoorlie. Legal basis The corporation was created by enactment of the ''Electricity Corporations Act 2005''. It's official legal name is the "Electricity ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-granted Monopoly
economics, a government-granted monopoly (also called a "de jure monopoly" or "regulated monopoly") is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement. As a form of coercive monopoly, government-granted monopoly is contrasted with an '' unregulated monopoly'', wherein there is no competition but it is not forcibly excluded. Amongst forms of coercive monopoly it is distinguished from government monopoly or state monopoly (in which ''government agencies'' hold the legally enforced monopoly rather than private individuals or firms) and from government-sponsored cartels (in which the government forces ''several independent'' producers to partially coordinate their decisions through a centralized organization). Advocates for government-granted monopolies often claim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Energy Companies
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned en ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Power Companies Of Australia
Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of an electric charge, which can be either positive or negative, produces an electric field. The movement of electric charges is an electric current and produces a magnetic field. When a charge is placed in a location with a non-zero electric field, a force will act on it. The magnitude of this force is given by Coulomb's law. If the charge moves, the electric field would be doing work on the electric charge. Thus we can speak of electric potential at a certain point in space, which is equal to the work done by an external agent in carrying a unit of positiv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of Western Australia
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy In Western Australia
Western Australia, like other Australian states and high-income countries, is a heavy energy user by global standards. The most distinctive features of Western Australia's energy systems are the massive export of natural gas, its independence from the interconnected cross-state gas and electricity networks in eastern Australia, and the presence of two separate large-scale grids and many microgrids to provide power for the sparsely populated state. Natural Gas Western Australia is the source of over 60% of Australia's natural gas, and over 80% of this production is exported as liquified natural gas. The vast majority of production is from offshore wells off the north-western coast of the state. Domestic gas is piped to industry in the Pilbara and the major population centres in the south-west. There is, however, no pipeline connecting Western Australia's gas network to the eastern states of Australia. Western Australia has a domestic gas reservation policy that requires g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Perth, Western Australia
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Energy Commission Of Western Australia
The State Energy Commission of Western Australia was an Australian energy provider. It was established on 1 January 1975 as an amalgamation of the State Electricity Commission of Western Australia (established 1945) plus the Fuel and Power Commission. It was involved in the buying of the Fremantle Gas and Coke Company as part of the WA Inc events. On 1 January 1995 it was split up into separate gas and electricity utilities, named AlintaGas and Western Power Corporation Western Power Corporation (WPC), owned by the Government of Western Australia, was Western Australia's major electricity supplier from 1995 until 2006. It was formed in 1995 when the monopoly electricity and gas supplier, the State Energy Com ... respectively. References External links Australian Science at Work - State Electricity Commission of Western Australia (1945 - 1975) Defunct utility companies of Western Australia Energy in Western Australia Defunct government agencies of Western Aus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Power Stations In Western Australia
This is a list of active power stations in Western Australia. Candidates for this list must already be commissioned and capable of generating 1 MW or more of electricity. There are several independent electricity grids in Western Australia; the "Grid" column in the following tables indicates which grid each power station is connected to. Coal fired These fossil fuel power stations burn coal to power steam turbines that generate some or all of the electricity they produce. Total max. capacity: 1677 MW Gas turbine These gas turbine power stations use gas combustion to generate some or all of the electricity they produce. Total max. capacity: 4314 MW Gas (thermal) These power stations use gas combustion to power steam turbines that generate some or all of the electricity they produce. Total max. capacity: 274 MW Gas (reciprocating) These power stations use gas combustion in reciprocating engines to generate some or all of the electricity they produce. To ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Regulation Authority (WA)
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alinta Energy
Alinta Energy is an Australian electricity generating and gas retailing private company owned by Hong Kong-based Chow Tai Fook Enterprises (CTFE). It was sold for $4 billion and was approved Treasurer Scott Morrison in 2017. Alinta Energy has an owned and contracted generation portfolio of up to 1,957 MW, approximately 1.1 million combined electricity and gas retail customers and around 800 employees across Australia and New Zealand. In March 2011, due to a deleveraging transaction by the TPG Group, Alinta became Alinta Energy. Alinta Energy was acquired by Hong Kong-based Chow Tai Fook Enterprises in 2017. Chow Tai Fook Enterprises also acquired Loy Yang B power station with assists from Alinta Energy staff. In May 2018, Alinta Energy was announced as the principal partner of the Australian Men's cricket team on a four-year deal, the longest in Australian Cricket history. The Alinta Energy logo will feature on the players' kits for all international matches played in Austr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alinta
Alinta was an Australian energy infrastructure company. It has grown from a small, Western Australia-based gas distributor and retailer to the largest energy infrastructure company in Australia. It was bought in 2007 by a consortium including Singapore Power and various parties which include the now defunct Babcock & Brown funds. Alinta Limited was known as Westnet Infrastructure Group Limited for a time. In March 2011, due to a deleveraging transaction by the TPG Group, Alinta became Alinta Energy. Alinta Energy was acquired by Hong Kong-based Chow Tai Fook Enterprises in 2017. The successor to the retail gas business is now called Alinta Energy. History In January 1995, the vertical monopolist energy supplier, the State Energy Commission of Western Australia, was dis-aggregated into separate gas and electricity corporations, leading to the formation of AlintaGas. (The word Alinta is derived from the word for flame in a traditional language of the Yorta Yorta nation f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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