Crimps

Gas Too Volatile for Baseload Power, Says Utility CEO

Of course, commercial and industrial power consumers don’t like high prices, but it’s price volatility that bedevils their cash flows and crimps operations to the point of employee layoffs, Dominion Virginia Power CEO Paul D. Koonce told a Houston audience last week.

November 16, 2009

Gas Too Volatile for Baseload Power, Says Utility Chief

Of course, commercial and industrial power consumers don’t like high prices, but it’s price volatility that bedevils their cash flows and crimps operations to the point of employee layoffs, Dominion Virginia Power CEO Paul D. Koonce told a Houston audience Tuesday.

November 11, 2009