Daniele Seitz
Daniele Seitz
discuss enormous everybody finally less obstacle polemics puts
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.
changes company insisted last year
The company has insisted that last year was an exceptional year. I don't think this (drop in earnings) changes much of their long-term outlook.
easy master save
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.
demand greater growth power prices rise
The rise in power prices was much greater than any kind of demand growth could have produced.
baltimore major mild reason sensitive trading
Baltimore has always been very sensitive to mild weather. That's a major reason they expanded their non-regulated trading business.
anxious bankruptcy bring company compliance happen itself matter
The company is anxious to get out of bankruptcy and to bring itself into compliance with the environment. This should happen in a matter of months.
class companies obviously rate realize
It's obviously the right thing to do. Most companies realize the residential class just can not get a rate shock.
commodity electricity goes number soon trading
Electricity is now trading as a commodity - as soon as there's a shortage, that number goes up.
carve harder intend market plants sell tough
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.
breathe cannot cheaply company customers happy higher hope people power prices sell shutting
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.