S&P Global Market Intelligence presents the most read stories for the week ended March 22.
1. As Calif. solar records fall, curtailments of renewables rise
Following a winter of intense storms that officially ended California's yearslong drought, the state's sunshine has returned to full strength. California's still-growing fleet of solar power plants took advantage of that in recent days, setting new state records for harnessing sunlight.
2. US DOE official says carbon capture nearing commercial viability
The private sector could make "some very exciting announcements" about carbon capture technology within weeks, a U.S. Department of Energy official said at a March 19 industry event.
3. White House backs strategic power reserve that could favor coal, nuclear units
The U.S. electric grid could benefit from a voluntary electricity generation reserve that gives preference to nuclear and coal-fired units, the White House said in a new report.
4. CEOs of 2 big US oil, gas producers vow to rebuild investors' trust
The CEOs of two large independent producers said they know the "winning formula" to bringing investors back to the oil and gas patch: disciplined budgets that can generate free cash flow at low energy prices that can be returned to shareholders. The question they have is whether other producers will leave the wildcatter mentality behind the next time oil prices rise.
5. Analysts praise Williams' private equity JV amid muted investor reaction
Investors were lukewarm on Williams Cos. Inc.'s gas gathering and processing joint venture with the Canada Pension Plan Investment Board even as industry analysts praised the partnership's benefits for the pipeline heavyweight's balance sheet.