The inception of Tasmania's first generation-retailer, or 'gentailer', last year proved costly. Aurora Energy recorded a 20 million dollars financial loss for the 2009/2010 year, the first in its 12 years of operation. The commissioning of a new gas-fired power station meant the distributor had to learn how to navigate the Tasmanian electricity market for the first time in the face of increased generation and retail competition. Six storms lashed the state throughout the year, strong enough to cause disruption but below the level for a major event day, adding to the loss. Despite these challenges, Aurora Energy CEO, Dr Peter Davis has high expectations for the year to come. With 10 per cent of the state's generation, a new award-winning safety device in every Tasmanian household and NBN Co's fibre-to-the-home roll-outs well on the way, Aurora Energy's goal is to lead the nation in communication, efficiency and safety.
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