Western Power (networks Corporation)
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Western Power (networks Corporation)
Western Power is a statutory corporation established by the Electricity Corporations Act 2005 (WA). It is owned by the State Government of Western Australia and is accountable to the Minister for Energy. It is responsible for building, maintaining and operating the electricity network within the South West Interconnected System (SWIS), the poles and wires or energy grid. When the original Western Power Corporation was split it was separated into four independent companies: * Western Power - manages the physical network that transports electricity. It operates in the south west of WA, including the Perth metropolitan area. Western Power does not generate electricity or send electricity bills to customers. Its role is to manage the poles, wires, substations and other infrastructure that brings electricity to homes and businesses in the SWIS. * Horizon Power - manages the physical network that transports electricity in the north and regional areas of WA. Horizon power is also respons ...
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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 ...
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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 ...
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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 ...
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Electric Power Distribution Network Operators In 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 ...
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Electric Power Transmission System Operators In 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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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Verve Energy
Verve Energy was a Western Australian Government owned corporation responsible for operating the state's electricity generators on the state's South West Interconnected System (SWIS). It was split from the then vertically integrated Western Power Corporation, in 2006 during reforms to the state's electricity sector.On 1 January 2014, Verve ceased trading following a merger with Synergy, the WA State Government owned energy retailer for the South West Interconnected System. The retail and generating entity trades under the business name "Synergy". The company was merged into Synergy in 2014. Generators Verve Energy owned five major power stations, supplying electricity to the South West Interconnected System: * Muja Power Station, east of Collie * Collie Power Station, in Collie * Kwinana Power Station, in Naval Base heavy industrial suburb * Cockburn Power Station, in Cockburn * Pinjar Power Station, in Pinjar * Mungarra Power Station In addition it owned various ot ...
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Utility
As a topic of economics, utility is used to model worth or value. Its usage has evolved significantly over time. The term was introduced initially as a measure of pleasure or happiness as part of the theory of utilitarianism by moral philosophers such as Jeremy Bentham and John Stuart Mill. The term has been adapted and reapplied within neoclassical economics, which dominates modern economic theory, as a utility function that represents a single consumer's preference ordering over a choice set but is not comparable across consumers. This concept of utility is personal and based on choice rather than on pleasure received, and so is specified more rigorously than the original concept but makes it less useful (and controversial) for ethical decisions. Utility function Consider a set of alternatives among which a person can make a preference ordering. The utility obtained from these alternatives is an unknown function of the utilities obtained from each alternative, not the sum of ...
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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 ...
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