S&P Global Market Intelligence presents the most read stories for the week ended Oct. 5.
1. PJM submits FERC-mandated capacity market proposal, with a twist
Responding to federal regulators' determination that its existing capacity market design is unjust and unreasonable, the PJM Interconnection developed a proposal for mitigating the impact of state-subsidized resources on its capacity market.
2. Analyst says latest testimony shows Dominion/SCANA deal still 'doomed'
At least one Wall Street analyst believes that Dominion Energy Inc.'s proposed acquisition of SCANA Corp. is still "ultimately doomed" following new testimony filed in South Carolina.
3. Trump administration picks DOE policy director McNamee to be FERC commissioner
The White House moved to fill the fifth spot at the Federal Energy Regulatory Commission, announcing Oct. 3 that it intends to nominate U.S. Department of Energy official Bernard McNamee for a term that expires June 30, 2020.
4. Investors, others ask US SEC to mandate, streamline corporate ESG disclosures
Citing a boom in corporate sustainability disclosures and the challenges of trying to compare that information, a group of U.S.-based investors, related groups and securities law professors have asked federal regulators to establish mandatory standards for environmental, social and governance, or ESG, reporting.
5. Appalachian shale gas stocks flounder as production keeps outpacing market
The sugar high of share buybacks has worn off, and investors are walking away from Appalachia's shale gas producers as drillers continue to produce more and more natural gas into a glutted market.