Coal market slump to be probed in fuels conference

A possible recovery will also be tackled.

According to a release, the 2nd Argus Australia Power Generation Fuels 2013 conference will be held in Sydney on 27 February. This highly anticipated event will continue to focus on thermal coal and liquefied natural gas (LNG), as we see a convergence of market issues set to transform Australia’s energy and electricity markets.

The Hon Minister Chris Hartcher MP, the Minister for Resources and Energy New South Wales Government will be delivering the Ministerial welcome address at the conference.

Speakers at the conference will examine how the role of LNG in Australia’s power generation matrix will continue to grow and evolve amid high costs and stiff competition from the US.

With significant export-influenced price hikes, we are looking at a supply crunch for domestic and industrial users of gas. This conference will highlight the global pricing mechanisms used in gas and coal and how they will affect domestic pricing in Australia.

Key issues affecting the current depressed coal market and its potential recovery will also be discussed. It will focuses on the supply/demand outlook and trading patterns of these power generation fuels and how their changing dynamics will affect the electricity sector.