PRB unleashed--by Nova Scotia Power, which was well prepared

摘要

U.S. Coal Review predicted in June that Nova Scotia Power would at least be strongly inclined to purchase Powder River Basin coal under a tender for 2009 supplies. The utility's decision to do so - 150,000 to 200,000 tons - might seem surprising until one considers NSP's circumstances and motivation. NSP is heavily exposed to South America, and in particular, to Venezuela. It seems likely that NSP was not interested in adding to that exposure.