S&P Global Market Intelligence editors' picks for the best stories for the week ended Aug. 16.
1. JEA solicitation seeks strategies to 'future-proof' Fla. utility
Jacksonville, Fla., utility JEA wants companies interested in taking over the state's largest municipal utility to explain how they intend to embrace the changes transforming the power sector.
2. Market awaits record low prices as UK starts offshore wind showdown
Several of Europe's largest utilities are battling it out in a renewable energy auction in the U.K. that began on Aug. 9, with as much as 6 GW of new offshore wind capacity up for grabs.
3. Leadership changes sweep through oil and gas sector
From producers to utilities, the oil and gas industry's revolving door of CEOs, CFOs and COOs is significantly busier than usual. Since the beginning of June, at least 19 C-suite executives have announced plans to leave their posts in the oil and gas sector.
4. New Occidental faces hostile audience after closing Anadarko deal
Occidental Petroleum Corp. has closed on what ended up being a $55 billion acquisition of Anadarko Petroleum Corp., which has made Occidental CEO Vicki Hollub, the company's board of directors and Anadarko shareholders very happy.
5. US power generators reporting savings, other benefits from phasing out coal
Power generators across the U.S. are not only sticking to plans to retire coal-fired power plants despite the pro-coal Trump administration, they are touting the cost savings of doing so while pushing a further transition away from the fuel.
6. Trade tariffs slow margin recovery at wind turbine makers
Wind turbine suppliers are struggling with unpredictable headwinds as the trade war between the U.S. and China threatens to slow a long-awaited recovery in equipment margins.