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The plant provided up to 10 percent of the state’s electricity, sparking concern that the closure may lead to more frequent outages and drive up the already skyrocketing price of energy.
NSW power generators were paying barely $33 a tonne for some of their coal as the NSW government intervened with a coal reservation scheme and a $125 coal price cap
Coal giant Glencore urged the government to explain how a coal price cap will save households as BHP said the cost of mining NSW coal may soon exceed the cap.