Miners to be required to set aside up to 10% of production for domestic users, state energy minister Matt Kean says
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New South Wales will require thermal coalminers reserve as much as 10% of their output for domestic coal-fired power stations and other users in a bid to share the burden more fairly among producers.
The move, announced on Thursday, is the latest government intervention in energy markets in a bid to limit price increases and avoid a repeat of last June’s supply shortages that helped trigger a suspension of the national electricity market.
Continue reading…Miners to be required to set aside up to 10% of production for domestic users, state energy minister Matt Kean saysFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastNew South Wales will require thermal coalminers reserve as much as 10% of their output for domestic coal-fired power stations and other users in a bid to share the burden more fairly among producers.The move, announced on Thursday, is the latest government intervention in energy markets in a bid to limit price increases and avoid a repeat of last June’s supply shortages that helped trigger a suspension of the national electricity market.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…