Insight
The case for coal to LNG switching in Japan and South Korea: nearly there?
Report summary
The recent uptick in coal prices has narrowed the price differential to spot LNG in Japan and South Korea, two primary market for the traded fuel in Asia. Both fuel types are going through a different price cycle. While coal prices have strengthened in the past few months on the back of supply reforms in China and production cutbacks elsewhere after years of losses, spot LNG, though stable, is under pressure due to emerging supply glut. Quite a contrast, and ideal recipe for competition! But, we are not there yet! Why?
Table of contents
- How sustainable is the coal price recovery?
- Can spot LNG fall further?
- So if there is an economic case, will utilities switch?
Tables and charts
This report includes 3 images and tables including:
- Historical switching and fuel prices
- Screening curves for Japan and South Korea
- Factors influencing coal-to-gas switching in Japan and South Korea
What's included
This report contains:
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