NSW to intervene in coal market to ‘even playing field’ among producers

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.

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