The upside/downside risk of storing and hedging is that the market might come down below the price of what you're committed to. That's why [utility companies] don't go out and commit 100%, because they can't predict. The weather ... is not a science.
There are not yet any comments on this quote. Why not register / login and be the first?
This quote is just one of 2 total Chuck Seel quotes in our collection. Chuck Seel is known for saying 'The upside/downside risk of storing and hedging is that the market might come down below the price of what you're committed to. That's why [utility companies] don't go out and commit 100%, because they can't predict. The weather ... is not a science.' as well as some of the following quotes.
The upside/downside risk of storing and hedging is that the market might come down below the price of what you're committed to. That's why [utility companies] don't go out and commit 100%, because they can't predict. The weather ... is not a science.
![The upside/downside risk of storing and hedging is that the market might come down below the price of what you're committed to. That's why [utility companies] don't go out and commit 100%, because they can't predict. The weather ... is not a science. -Chuck Seel](/quoteImage/131790/The-upsidedownside-risk-of.jpg)
This quote is just one of 2 total Chuck Seel quotes in our collection. Chuck Seel is known for saying 'The upside/downside risk of storing and hedging is that the market might come down below the price of what you're committed to. That's why [utility companies] don't go out and commit 100%, because they can't predict. The weather ... is not a science.' as well as some of the following quotes.