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Diving Gas Costs Spark Potential Rare Switch From Coal in Japan

June 4, 2019, 2:13 PM

With seasonal spot prices of liquefied natural gas at the cheapest in a decade, some utilities in the biggest buyer are considering burning more of the fuel instead of coal, according to people with knowledge of the plan.

Japanese power generators have started discussions with traders about sourcing additional LNG imports from the spot market to help boost their gas use, the people said, asking not to be identified as the information isn’t public. The plans, which would require lowering run rates at coal plants while raising them at gas-fired facilities, haven’t been finalized and would likely only be implemented ...