Delaware Liberal

Windpower Deal Winners

Yesterday, Jason and I, along with 3 other bloggers attended that Newark press conference for Bluewater Wind.  There are definitely winners in this deal.  You and I are winners.  Our rates will rise marginally, but we might not notice it by then, because the energy bills will be even further out of control.

John Carney is a huge winner.  I think that Bluewater mentioned him 5+ times during the meeting and they credit him with putting the pressure on the opposition using real levers of power, jobs and money.  John’s stock went way up yesterday, sorry Jack backers.

Of course, Bluewater Wind was a winner.  They now have an anchor client and they have a hell of a story to sell to other power companies.  I’m hoping for a maximally-sized wind park by the time they have to give the size to Delmarva in two years.

Gary Stockbridge won, too.  The concession that DeLuca put together for REC’s will be advantageous to Delmarva.  The fact that he get to spread this out to all customers will also be good for Delmarva, I believe.

Who are the losers?  Well I think that will have to wait for another post.  But it was wonderful seeing the turnout at the hastily-organized press conference.  Bonus points will be awarded to anyone that can guess who ended my attendance at the press conference by flipping me the bird across the room (Matthews, you don’t get a guess).

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