S&P Global Market Intelligence presents the most-read stories for the week ended Oct. 18.
1. Exelon Utilities CEO resigns as Illinois lobbying probe intensifies
Anne Pramaggiore stepped down as senior executive vice president of Exelon Corp. and CEO of Exelon Utilities effective immediately on Oct. 15. She will also leave the board of Exelon's Chicago-area utility subsidiary Commonwealth Edison Co.
2. 'We are collateral damage': Gas industry grapples with political winds
Political resistance to fossil fuels has buffeted a U.S. LNG export industry that is mostly optimistic about increasing its shipments of record-high domestic gas output to world markets.
3. In Big Oil's push into green power, offshore wind seen as natural 1st step
Sections of the U.K. seabed are set to be sold off for new offshore wind development. Not too long ago, these auctions would have been dominated by utilities and independent developers, but now the pool of bidders is widening to include some of Europe's largest oil and gas companies.
4. Study: Warren's fracking ban could lead to big drop in US oil production
Contenders to be the Democratic Party's nominee for U.S. president have outlined varying paths away from fossil fuels and toward a greener economy, some of which include some form of a hydraulic fracturing ban. While such a policy would affect a significant chunk of the nation's economy if enacted, not all oil and gas companies would feel it equally, a study by Canadian investment bank RBC Capital Markets concludes.
5. PacifiCorp's plan to retire coal units may signal battery storage viability
PacifiCorp's recently announced plan to retire nearly 2,800 MW of coal-fired generation by 2030 and nearly 4,500 MW by 2038 to make way for renewable energy and battery storage capacity could undercut the coal sector's argument that the fuel is necessary for reliable energy generation.