| • Market based framework in place • Tasmanian Renewable Energy Industry Development Board established • Part of ongoing national reform • Basslink transmission inter connector • Natural Gas Market in place | | •Hydro Tasmania 1,000 GWh extra • New arrangements for ancillary services market • Energy efficiency initiatives in place • Bass Strait Island vision underway • Carbon price effects established • New tariffs • Develop renewable friendly transmission grids • New projects in response to renewable energy targets scheme | | • Streamlined approvals process for renewable energy projects
• Investigate second transmission interconnector across Bass Strait
• Progress scale efficent network extensions • Smart grid pilot • Electricity substation redevelopment | | • Continued significant exports of clean electricity • Higher efficiency in end use • Continued diverse and renewable energy resources • Possible wave and tidal power scheme development • Investigate pumped Hydro storage to take advantage of increased renewable energy generation • Possible geothermal energy options • Continued wind energy development | |