SNL Energy presents the most read stories for the week ended Oct. 6.
1. FERC's Powelson pledges 'not to destroy' energy markets despite DOE directive
Federal Energy Regulatory Commission member Robert Powelson has promised the agency will safeguard competitive wholesale electricity markets on the heels of a U.S. Department of Energy proposal to ensure full cost recovery for certain coal and nuclear power plants.
2. DOE push to boost baseload units could have narrow impact on coal sector
The coal industry has cheered a U.S. Department of Energy proposal to require full cost recovery for certain baseload plants, but the amount of coal-fired capacity eligible for relief under the proposal is a fraction of the nation's total.
3. Gas industry slams DOE reliability policy demand, 'thumb on the scale' approach
The U.S. natural gas industry sharply rebuked the U.S. Department of Energy's decree that the domestic power grid needs more regulation to assure reliability given its emphasis on helping coal and nuclear power.
4. As legal questions swirl, FERC to act on DOE grid proposal in 60 days
Many legal questions have emerged surrounding a U.S. Department of Energy proposal calling on federal regulators to ensure full cost recovery for certain nuclear and coal-fired assets. But what is certain, according to the Federal Energy Regulatory Commission's general counsel, is that the agency will act on the proposal within 60 days, as requested by Secretary of Energy Rick Perry.
5. Tax reform could revive C-corp versus partnership debate in energy sector
Thirty years after Congress sanctioned the tax advantages of oil and gas master limited partnerships, MLPs are under the spotlight as the Trump administration's federal tax overhaul framework zeroes in on pass-through businesses.