5Principal objectives of electricity generators

#### 5 Principal objectives of electricity generators 5 Principal objectives of electricity generators > > (1) The principal objectives of an electricity generator are as follows: > > > > > (a) to be a successful business and, to this end: > > > > > > > (i) to operate at least as efficiently as any comparable businesses, > > > > > > > (ii) to maximise the net worth of the State’s investment in it, > > > > > > > (iii) to exhibit a sense of social responsibility by having regard to the interests of the community in which it operates, > > > > > (b) to protect the environment by conducting its operations in compliance with the principles of ecologically sustainable development contained in section 6 (2) of the [Protection of the Environment Administration Act 1991](/view/html/inforce/current/act-1991-060), > > > > > (c) to exhibit a sense of responsibility towards regional development and decentralisation in the way in which it operates, > > > > > (d) to operate efficient, safe and reliable facilities for the generation of electricity, > > > > > (e) to be an efficient and responsible supplier of electricity, > > > > > (f) to be a successful participant in the wholesale market for electricity. > > > (2) Each of the principal objectives of an electricity generator is of equal importance. > > > (3) The provisions of section 20E of the [State Owned Corporations Act 1989](/view/html/inforce/current/act-1989-134) do not apply to an electricity generator.