NEM
Daily NEM update for last 24h market signals
As at 6 Oct 2026, 6:35 am AEDT
Forward Outlook
Daily NEM Analysis
Regional average prices ranged from $102.7/MWh in Queensland to $129.1/MWh in NSW. The renewable energy share averaged 39.9 per cent, peaking at 67.6 per cent at 11:10. Victoria recorded the highest price of the day at $406.1/MWh at 06:25.
Today · Pre-dispatch figures forecast a peak price of $319.04/MWh in Queensland at 19:30, and $145.00/MWh in South Australia at 18:30.
NEM Market Notices
- #145488 MINIMUM SYSTEM LOAD
Cancellation of Actual Minimum System Load (MSL) MSL1 event in the SA Region on 05/10/2026.
- #145487 MINIMUM SYSTEM LOAD
Actual Minimum System Load MSL1 condition in the SA Region on 05/10/2026
- #145485 MINIMUM SYSTEM LOAD
Cancellation of Forecast Minimum System Load (MSL) MSL1 event in the SA Region on 11/10/2026.
- See all 404 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
A dispatchable capacity auction for the NEM seeking sixteen gigawatt-hours of energy storage, which concluded its bidding phase in August 2026.
Closes 18 Aug 2026 - CIS open 1,800 MW
The final scheduled renewable generation tender for the Wholesale Electricity Market aims to procure 1.8 gigawatts of new capacity.
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 |