NEM
Daily NEM update for last 24h market signals
As at 1 July 2026, 5:36 am AEST
Forward Outlook
Daily NEM Analysis
The NEM average price settled at 105.90 dollars per megawatt hour with a total renewable energy share of 37.1 percent. Demand peaked across most mainland regions between 17:55 and 19:05, while Tasmania maintained the lowest regional price average. Coal and wind dominated the generation mix, contributing a combined 72.5 percent of total output.
Why it matters · The daily average of 105.90 dollars sits 9 percent below the 7-day average, continuing a volatile trend following a mid-week peak of 167.40 dollars. This price level occurred despite a relatively low 37.1 percent renewable share and significant battery discharge, indicating tight correlation between fossil fuel generation and evening demand peaks.
Today · Forward projections indicate a Queensland price peak of 319.04 dollars at 19:30, while other regional peaks remain below 150.00 dollars.
NEM Market Notices
- #144280 GENERAL NOTICE
Network Service Provider Classification Update - Basslink
- #144366 INTER-REGIONAL TRANSFER
Inter-regional transfer limit variation - Tailem_Bnd South_East 1 275kV LINE - SA region - 30/06/2026
- #144365 NON-CONFORMANCE
NON-CONFORMANCE Region QLD1 Tuesday, 30 June 2026
- See all 180 notices
Reserve & Outages
No major dispatchable outages forecast in the next 14 days.
Tenders
- CIS closed 4,000 MW
Australia's largest dispatchable-capacity auction to date — roughly 4 GW of four-hour-equivalent clean storage (about 16 GWh). Bids closed in February 2026; awards expected around mid-2026.
Closes 6 Feb 2026 - NSW LTESA open 2,500 MW
NSW's biggest generation LTESA round yet — 2.5 GW of solar and wind. Adds a new hybrid-generation LTESA so renewables-plus-battery projects can bid as a single package. Registrations close 22 June 2026, bids 6 July; winners late 2026.
Closes 6 July 2026 - NSW LTESA open 1,500 MW
Up to ~12 GWh of long-duration storage (8-hour-plus duration) from big batteries or pumped hydro, around 1.5 GW of power. Registrations close 22 June 2026, bids 6 July; winners late 2026, with assets due online by 2034.
Closes 6 July 2026 - CIS open 5,000 MW
Seeks 5 GW of renewable generation across the NEM, but excludes NSW this round. Carve-outs steer ~1.6 GW to Victoria and 300 MW to Tasmania, with 500 MW reserved for projects carrying First Nations equity. Winners due November 2026.
Closes 20 July 2026
No awards in the last 30 days
Connection Queue
No material change in the connection queue this month.
| Region | Solar | Wind | Battery | Other | Net |
|---|---|---|---|---|---|
| NSW | — | — | — | — | — |
| VIC | — | — | — | — | — |
| QLD | — | — | — | — | — |
| SA | — | — | — | — | — |
| TAS | — | — | — | — | — |
| Total | — | — | — | — | — |