SNL Energy presents the most read stories for the week ended June 9.
1. Eversource enters 'lower risk' business with unconventional water deal
Some Wall Street analysts were admittedly left scratching their heads over Eversource Energy's proposed $1.68 billion purchase of New England's largest private water company, but agree the move makes strategic sense.
2. Here comes the boom: 9 Bcf/d of LNG capacity to hit US market by end of 2019
When it comes to U.S. exports of super-cooled natural gas, all eyes have been on Cheniere Energy Inc.'s Sabine Pass LNG terminal in Louisiana. But American LNG exports are just getting started.
3. Trump's 2 FERC nominees agree: Climate change is no hoax
Despite earlier apparent attempts to dodge the question, Neil Chatterjee, one of President Donald Trump's two nominees to fill empty seats on the U.S. Federal Energy Regulatory Commission, has acknowledged that climate change is real and at least partly a result of human activities.
4. US retail power sales likely to dip in 2017 to 10.12 billion kWh per day
Total retail power sales in the United States are expected to dip on the year, easing from 10.14 billion kWh per day in 2016 to 10.12 billion kWh per day this year before rising to 10.26 billion kWh in 2018, according to the latest "Short-Term Energy Outlook" released June 6 by the U.S. Energy Information Administration.
5. New liquefaction technique could 'unlock the true value of coal'
A new technique to liquefy coal could open up diverse markets for the commodity. "The coal industry has to reinvent itself. Those coal jobs are not just going to come out of thin air because some regulations are going to be rolled back," George Skoptsov, the president and CEO of H Quest Vanguard Inc., told S&P Global Market Intelligence. His company's new process for liquefying coal, however, "is a technology that can literally unlock the true value of coal. And of carbon in general."