NSW to intervene in coal market to ‘even playing field’ among producers
by Peter Hannam from on (#67Z3Q)
Miners to be required to set aside up to 10% of production for domestic users, Matt Kean says
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New South Wales will demand thermal coalminers set aside as much as 10% of their output for domestic users in a bid to make price cap impacts more equal across the sector.
The move, announced on Thursday, is the latest government intervention in energy markets to limit price increases and avoid a repeat of last June's coal supply shortages that helped trigger a suspension of the national electricity market.
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