NEM
Daily NEM update for last 24h market signals
As at 27 Oct 2026, 6:39 am AEDT
Forward Outlook
Daily NEM Analysis
The NEM average price was $84.5/MWh, with regional averages ranging from $73.5/MWh in TAS to $100.7/MWh in QLD. The renewable share peaked at 74.7 per cent at 11:45, and SA recorded 16.0 hours of negative prices, reaching negative $101.2/MWh at 16:20.
Today · Pre-dispatch forecasts show prices peaking at $225.79/MWh in QLD at 22:30, with NSW reaching $219.43/MWh at the same time.
NEM Market Notices
- #145817 RECLASSIFY CONTINGENCY
Cancellation of a Non-Credible Contingency Event: Mudgeeraba - Terranora No.757 110 kV line and Mudgeeraba - Terranora No.758 110 kV line in QLD1 due to Lightning.
- #145816 RECLASSIFY CONTINGENCY
Reclassification of a Non-Credible Contingency Event: Mudgeeraba - Terranora No.757 110 kV line and Mudgeeraba - Terranora No.758 110 kV line in QLD1 due to Lightning.
- #145815 NON-CONFORMANCE
NON-CONFORMANCE Region QLD1 Tuesday, 27 October 2026
- See all 439 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 closed 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 closed 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 closed 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 - CIS closed 4,000 MW
A dispatchable capacity auction for the NEM seeking 16 GWh of storage, with bids having concluded in August 2026.
Closes 18 Aug 2026 - CIS closed 1,800 MW
The final renewable generation tender for the Wholesale Electricity Market in Western Australia seeking 1.8 GW.
Closes 22 Oct 2026
No awards in the last 30 days
Connection Queue
This month: +5,247 MW battery, led by NSW.
| Region | Solar | Wind | Battery | Other | Net |
|---|---|---|---|---|---|
| NSW | +1,883 MW | — | +6,474 MW | +4,876 MW | +13,233 MW |
| VIC | +1,374 MW | −136 MW | +1,436 MW | −51 MW | +2,624 MW |
| QLD | −1,745 MW | −3,295 MW | −3,045 MW | −607 MW | −8,692 MW |
| SA | +13 MW | +85 MW | −162 MW | +144 MW | +80 MW |
| TAS | +312 MW | +400 MW | +544 MW | — | +1,256 MW |
| Total | +1,837 MW | −2,946 MW | +5,247 MW | +4,363 MW | +8,501 MW |
| Region | Solar | Wind | Battery | Other | Total |
|---|---|---|---|---|---|
| NSW | 2,367 MW | — | 1,957 MW | 998 MW | 5,322 MW |
| VIC | 476 MW | 3,252 MW | 301 MW | — | 4,029 MW |
| QLD | 3,305 MW | 3,860 MW | 7,832 MW | 857 MW | 15,854 MW |
| SA | — | 35 MW | 1,065 MW | — | 1,101 MW |
| TAS | 288 MW | — | 144 MW | — | 432 MW |
| Region | Solar | Wind | Battery | Other | Total |
|---|---|---|---|---|---|
| VIC | 150 MW | — | — | 86 MW | 236 MW |
| QLD | 125 MW | — | — | — | 125 MW |
| SA | 87 MW | — | 322 MW | — | 409 MW |