S&P Global Market Intelligence presents the most read stories for the week ended Sept. 7.
1. PJM stakeholders tackle questions on FERC capacity market order
PJM Interconnection stakeholders will have another opportunity to develop some consensus on reforms to the grid operator's capacity market now that the Federal Energy Regulatory Commission has extended a deadline for comments.
2. Coal sector report to DOE: 'Assess, support, reform, renew' to optimize fleet
A report created by a coal industry-led council recommends the U.S. Energy Department take on a four-step strategy to assess and support the existing U.S. fleet of coal-fired power plants through reformed regulations and renewed investment in coal generation technology.
3. Southwestern Energy stock slides after $1.87B Fayetteville Shale sale
Investors were disappointed with the announced $1.87 billion sale of Southwestern Energy Co.'s Fayetteville Shale operations to a young, private-equity-backed driller, but the sale could be good news for midstream operator Boardwalk Pipeline Partners LP, analysts said.
4. With Trans Mountain pipeline sale, Kinder Morgan dodges debacle of delay
Kinder Morgan Inc. ended its 13-year tenure as owner of the Trans Mountain pipeline system, and its long-hoped-for expansion might be no closer to reality than it was in 2005 amid a regulatory and legal process that could drag on in Canadian courts and before regulators for years.
5. US Senate passes FERC rate challenge, merger review bills
The U.S. Senate on Sept. 4 passed by voice vote two bills directly impacting the Federal Energy Regulatory Commission. One of those bills aims to ensure that stakeholders have a way to challenge rate changes that go into effect automatically due to FERC's failure to act, and the other seeks to reconcile the thresholds for determining when the agency is required to approve various kinds of transactions.