NEM
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NEM
Daily analysis
Wednesday 22 April 2026
Trading day 2026-04-22
Prices
Trading day · 04:00 → 04:00 AEST · 30-min average
NSW VIC QLD SA TAS
| Region | Avg | VWAP | Min | Max | Neg | Cap |
|---|---|---|---|---|---|---|
| NSW | $51 | $53 | -$2 | $98 | 1 | 0 |
| QLD | $41 | $44 | -$3 | $93 | 12 | 0 |
| SA | $71 | $83 | -$4 | $361 | 8 | 0 |
| VIC | $39 | $43 | -$4 | $101 | 14 | 0 |
| TAS | $83 | $84 | $22 | $102 | 0 | 0 |
Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.
Demand
NSW
Peak
9,192MW
18:05
Trough
5,909MW
14:00
Energy
350.7GWh
QLD
Peak
7,776MW
17:55
Trough
4,536MW
10:00
Energy
289.5GWh
SA
Peak
1,739MW
18:35
Trough
472MW
13:35
Energy
59.6GWh
VIC
Peak
6,191MW
18:05
Trough
3,784MW
11:50
Energy
230.9GWh
TAS
Peak
1,122MW
18:00
Trough
787MW
11:55
Energy
45.1GWh
FCAS
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $9,300 | 0 | $20 | 22 Apr, 07:25 |
| LOWERREG | $5,216 | 0 | $21 | 22 Apr, 07:35 |
| RAISE60SEC | $1,268 | 0 | $1 | 22 Apr, 17:20 |
| RAISE6SEC | $549 | 0 | $2 | 22 Apr, 17:00 |
| RAISE5MIN | $143 | 0 | $0 | 22 Apr, 18:45 |
| LOWER5MIN | $43 | 0 | $0 | 22 Apr, 14:40 |
| LOWER60SEC | $18 | 0 | $0 | 22 Apr, 14:45 |
| LOWER6SEC | $4 | 0 | $0 | 22 Apr, 15:20 |
| Total | $16,541 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| LOWER6SEC | $72,550 | 0 | $20 | 22 Apr, 07:35 |
| LOWER60SEC | $61,152 | 0 | $20 | 22 Apr, 07:20 |
| LOWER5MIN | $14,511 | 0 | $6 | 22 Apr, 07:20 |
| RAISEREG | $6,780 | 0 | $20 | 22 Apr, 06:15 |
| LOWERREG | $4,820 | 0 | $26 | 22 Apr, 07:20 |
| RAISE6SEC | $156 | 0 | $0 | 22 Apr, 17:25 |
| RAISE60SEC | $61 | 0 | $0 | 22 Apr, 04:30 |
| RAISE5MIN | $39 | 0 | $0 | 22 Apr, 17:15 |
| Total | $160,067 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $15,095 | 0 | $20 | 22 Apr, 07:25 |
| LOWERREG | $6,410 | 0 | $21 | 22 Apr, 07:35 |
| RAISE60SEC | $2,167 | 0 | $1 | 22 Apr, 17:20 |
| RAISE6SEC | $1,198 | 0 | $2 | 22 Apr, 17:00 |
| RAISE5MIN | $294 | 0 | $0 | 22 Apr, 18:45 |
| LOWER60SEC | $115 | 0 | $0 | 22 Apr, 14:45 |
| LOWER5MIN | $104 | 0 | $0 | 22 Apr, 14:40 |
| LOWER6SEC | $17 | 0 | $0 | 22 Apr, 15:20 |
| Total | $25,399 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISE60SEC | $6,958 | 0 | $80 | 22 Apr, 16:25 |
| LOWERREG | $3,309 | 0 | $21 | 22 Apr, 07:35 |
| RAISEREG | $2,778 | 0 | $24 | 22 Apr, 06:15 |
| RAISE6SEC | $1,981 | 0 | $6 | 22 Apr, 15:45 |
| RAISE5MIN | $923 | 0 | $4 | 22 Apr, 06:05 |
| LOWER60SEC | $88 | 0 | $1 | 22 Apr, 12:05 |
| LOWER5MIN | $71 | 0 | $0 | 22 Apr, 14:40 |
| LOWER6SEC | $49 | 0 | $0 | 22 Apr, 12:05 |
| Total | $16,158 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $13,222 | 0 | $20 | 22 Apr, 06:00 |
| RAISE6SEC | $8,473 | 0 | $41 | 22 Apr, 06:45 |
| LOWERREG | $5,578 | 0 | $4 | 22 Apr, 15:20 |
| LOWER6SEC | $4,181 | 0 | $48 | 22 Apr, 04:10 |
| RAISE60SEC | $1,879 | 0 | $3 | 22 Apr, 06:00 |
| LOWER60SEC | $1,219 | 0 | $0 | 22 Apr, 04:05 |
| RAISE5MIN | $267 | 0 | $0 | 22 Apr, 06:00 |
| LOWER5MIN | $25 | 0 | $0 | 22 Apr, 05:55 |
| Total | $34,843 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 850 MW at 18:00 as NSW spot hit $87/MWh.
Peak moment
Fleet discharged 1,028 MW at 18:00 as QLD spot hit $82/MWh.
Peak moment
Fleet discharged 607 MW at 20:00 as VIC spot hit $72/MWh.
Peak moment
Fleet discharged 364 MW at 18:30 as SA spot hit $171/MWh.
Peak moment
Fleet discharged 2,680 MW at 18:00 as TAS spot hit $87/MWh.
Discharged
3,154MWh
peak 850 MW · 18:00
Charged
2,622MWh
peak 570 MW
Net
+531MWh
discharge − charge
Round-trip
120%
discharge / charge ratio
Discharged
3,514MWh
peak 1,028 MW · 18:00
Charged
3,687MWh
peak 602 MW
Net
-173MWh
discharge − charge
Round-trip
95%
discharge / charge ratio
Discharged
2,573MWh
peak 607 MW · 20:00
Charged
3,414MWh
peak 510 MW
Net
-841MWh
discharge − charge
Round-trip
75%
discharge / charge ratio
Discharged
1,226MWh
peak 364 MW · 18:30
Charged
1,469MWh
peak 284 MW
Net
-243MWh
discharge − charge
Round-trip
83%
discharge / charge ratio
NEM-wide
Discharged
10,466MWh
peak 2,680 MW · 18:00
Charged
11,192MWh
peak 1,768 MW
Net
-726MWh
discharge − charge
Round-trip
94%
discharge / charge ratio
Fleet net dispatch · spot-price overlay · 30-min average
Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1QLD | 3,514MWh | -173 |
#2NSW | 3,154MWh | +531 |
#3VIC | 2,573MWh | -841 |
#4SA | 1,226MWh | -243 |
Generation Mix
- Coal56.7% · 107.3 GWh
- Gas1.7% · 3.2 GWh
- Hydro4.6% · 8.6 GWh
- Wind9.7% · 18.3 GWh
- Solar (utility)13.5% · 25.5 GWh
- Solar (rooftop)11.7% · 22.1 GWh
- Battery1.7% · 3.2 GWh
- Other0.5% · 1.0 GWh
- Coal55.1% · 109.1 GWh
- Gas3.4% · 6.7 GWh
- Hydro4.8% · 9.4 GWh
- Wind10.8% · 21.4 GWh
- Solar (utility)11.6% · 23.0 GWh
- Solar (rooftop)12.6% · 25.0 GWh
- Battery1.8% · 3.5 GWh
- Coal53.8% · 85.0 GWh
- Hydro0.9% · 1.4 GWh
- Wind29.6% · 46.8 GWh
- Solar (utility)4.7% · 7.4 GWh
- Solar (rooftop)9.4% · 14.9 GWh
- Battery1.6% · 2.6 GWh
- Gas20.6% · 6.7 GWh
- Wind38.8% · 12.7 GWh
- Solar (utility)9.1% · 3.0 GWh
- Solar (rooftop)27.8% · 9.1 GWh
- Battery3.7% · 1.2 GWh
- Hydro69.8% · 17.5 GWh
- Wind26.8% · 6.7 GWh
- Solar (rooftop)3.4% · 0.9 GWh
Renewables
NSW · Daily renewable share
28.2%
VIC · Daily renewable share
46.0%
QLD · Daily renewable share
36.8%
SA · Daily renewable share
51.8%
TAS · Daily renewable share
93.7%
Peak instantaneous
57.4%
at 09:25
Daily NEM-wide share
40.3%
By region (daily share)
- NSW 28.2%
- VIC 46.0%
- QLD 36.8%
- SA 51.8%
- TAS 93.7%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +28.6 GWh | 2 | — |
| NSW1-QLD1 | −30.8 GWh | 2 | — |
| VIC1-NSW1 | +27.1 GWh | 12 | — |
| V-SA | −18.5 GWh | 0 | — |
| T-V-MNSP1 | −2.4 GWh | 0 | — |
Per-region net of NETINTERCHANGE proxied to a representative interconnector. Full per-interconnector decomposition + hours-at-limit needs DINTERCONNECTOR parsing (follow-up).
Emissions
Total emissions
296.1k tCO₂
▼ 10.7% vs same day last week
Intensity by region
| NSW | 96.0k tCO₂ | 0.516 tCO₂/MWh |
| QLD | 97.6k tCO₂ | 0.500 tCO₂/MWh |
| SA | 3.4k tCO₂ | 0.105 tCO₂/MWh |
| VIC | 99.1k tCO₂ | 0.637 tCO₂/MWh |
| TAS | 0 tCO₂ | 0.000 tCO₂/MWh |