A Japanese Fuel Battle Is Heating Up - November 14, 2013
Replacing lost power
The nuclear disaster at Fukushima essentially shut down all nuclear power plants in Japan. Coal and liquified natural gas imports have been key replacements. In its third quarter earnings call, Cloud Peak Energy noted that, "The outlook for international markets continue to be positive in the medium term due to a sustained Asian demand growth." Management highlighted demand from China, but also announced sending test coal to Japanese utilities.