Trading is dead. At least that’s what some analysts are saying about the electricity markets. “Trading died with Enron on Dec. 2, 2001,” says Mark Williams, an energy risk management expert at...
Rising Unit Costs & Credit Quality: Warning Signals
With increasing unit costs, the financial prospects and credit outlook for many utilities will depend on their success in passing along such costs to consumers.
In Fitch’s view, the sector’s credit recovery is now fading, and investors should exercise greater caution regarding the power and gas sector.