Basslink is a high-voltage direct current (HVDC) cable link crossing Bass Strait, connecting the Loy Yang Power Station, Victoria on the Australian mainland to the George Town substation in northern Tasmania. It can supply some of the peak load capacity to the mainland of Australia and take some of the excess base load capacity off the coal fired generators on the mainland to supply Tasmania, leading to all round economic and pollution savings. Tasmania benefits in that its need to invest in further base load generation facilities is deferred or eliminated, and it can profit by selling peak load power into a market in which prices are generally higher.