11 Quotes by Daniele Seitz
- Author Daniele Seitz
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I think that it at least puts this enormous obstacle out of the way. Now that the polemics are over everybody can finally discuss things with less emotion.
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You almost conceptually expect that gasoline prices will be just about as volatile as petroleum and oil prices. It's hard to do the same with electricity.
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You have a company that cannot sell its power and customers who are going to have higher prices to pay. That's the price of shutting down the plant. I hope people are happy they can breathe better, but nothing comes cheaply in energy.
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Electricity is now trading as a commodity - as soon as there's a shortage, that number goes up.
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The rise in power prices was much greater than any kind of demand growth could have produced.
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Probably most of the plants they intend to sell are in the Southeast. It is a tough market and very regulated, so it was harder for them to carve a place there.
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Baltimore has always been very sensitive to mild weather. That's a major reason they expanded their non-regulated trading business.
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It's obviously the right thing to do. Most companies realize the residential class just can not get a rate shock.
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He can, if he does the restructuring smartly, save more than he will be paid. He is a master at this, and it is not an easy task.
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