NEM
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NEM
Daily analysis
Thursday 23 April 2026
Trading day 2026-04-23
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 | $0 | $99 | 0 | 0 |
| QLD | $39 | $42 | -$4 | $80 | 11 | 0 |
| SA | $39 | $45 | -$3 | $135 | 6 | 0 |
| VIC | $35 | $40 | -$3 | $101 | 3 | 0 |
| TAS | $85 | $85 | $66 | $101 | 0 | 0 |
Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.
Demand
NSW
Peak
9,133MW
18:05
Trough
5,981MW
13:05
Energy
355.4GWh
QLD
Peak
7,780MW
17:55
Trough
4,561MW
11:00
Energy
289.4GWh
SA
Peak
1,759MW
18:35
Trough
485MW
13:15
Energy
59.7GWh
VIC
Peak
6,330MW
18:10
Trough
3,348MW
12:50
Energy
227.0GWh
TAS
Peak
1,195MW
17:55
Trough
901MW
14:40
Energy
49.2GWh
FCAS
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $9,594 | 0 | $20 | 23 Apr, 15:50 |
| LOWERREG | $4,810 | 0 | $24 | 23 Apr, 07:40 |
| RAISE6SEC | $3,802 | 0 | $10 | 23 Apr, 17:05 |
| RAISE60SEC | $3,270 | 0 | $5 | 23 Apr, 17:05 |
| RAISE5MIN | $555 | 0 | $1 | 23 Apr, 16:45 |
| LOWER5MIN | $8 | 0 | $0 | 23 Apr, 15:25 |
| LOWER60SEC | $7 | 0 | $0 | 23 Apr, 22:10 |
| LOWER6SEC | $2 | 0 | $0 | 23 Apr, 22:10 |
| Total | $22,048 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| LOWER6SEC | $94,159 | 0 | $32 | 23 Apr, 07:35 |
| LOWER60SEC | $85,700 | 0 | $54 | 23 Apr, 07:25 |
| LOWER5MIN | $18,550 | 0 | $6 | 23 Apr, 07:00 |
| RAISEREG | $8,418 | 0 | $20 | 23 Apr, 15:50 |
| LOWERREG | $6,151 | 0 | $26 | 23 Apr, 07:40 |
| RAISE6SEC | $102 | 0 | $0 | 23 Apr, 22:45 |
| RAISE60SEC | $44 | 0 | $0 | 23 Apr, 15:35 |
| RAISE5MIN | $13 | 0 | $0 | 23 Apr, 16:25 |
| Total | $213,138 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $15,124 | 0 | $20 | 23 Apr, 15:50 |
| LOWERREG | $9,954 | 0 | $24 | 23 Apr, 07:40 |
| RAISE6SEC | $5,849 | 0 | $10 | 23 Apr, 17:05 |
| RAISE60SEC | $5,809 | 0 | $5 | 23 Apr, 17:05 |
| RAISE5MIN | $1,083 | 0 | $1 | 23 Apr, 16:45 |
| LOWER60SEC | $40 | 0 | $0 | 23 Apr, 22:10 |
| LOWER5MIN | $14 | 0 | $0 | 23 Apr, 15:25 |
| LOWER6SEC | $8 | 0 | $0 | 23 Apr, 22:10 |
| Total | $37,881 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISE6SEC | $6,734 | 0 | $15 | 24 Apr, 03:15 |
| RAISE60SEC | $5,963 | 0 | $16 | 24 Apr, 03:15 |
| LOWERREG | $3,894 | 0 | $24 | 23 Apr, 07:40 |
| RAISE5MIN | $2,433 | 0 | $18 | 24 Apr, 03:15 |
| RAISEREG | $2,198 | 0 | $21 | 24 Apr, 03:15 |
| LOWER60SEC | $1,593 | 0 | $8 | 23 Apr, 12:55 |
| LOWER6SEC | $1,319 | 0 | $4 | 23 Apr, 12:45 |
| LOWER5MIN | $489 | 0 | $1 | 23 Apr, 12:00 |
| Total | $24,623 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $9,985 | 0 | $8 | 23 Apr, 13:00 |
| LOWERREG | $7,408 | 0 | $4 | 23 Apr, 14:40 |
| LOWER6SEC | $6,764 | 0 | $12 | 23 Apr, 14:40 |
| RAISE6SEC | $4,286 | 0 | $50 | 23 Apr, 13:00 |
| RAISE60SEC | $3,025 | 0 | $1 | 23 Apr, 06:35 |
| LOWER60SEC | $1,484 | 0 | $1 | 23 Apr, 08:10 |
| RAISE5MIN | $228 | 0 | $0 | 23 Apr, 04:05 |
| LOWER5MIN | $97 | 0 | $0 | 23 Apr, 04:05 |
| Total | $33,277 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 855 MW at 18:30 as NSW spot hit $82/MWh.
Peak moment
Fleet discharged 1,208 MW at 18:00 as QLD spot hit $67/MWh.
Peak moment
Fleet discharged 880 MW at 18:00 as VIC spot hit $94/MWh.
Peak moment
Fleet discharged 371 MW at 19:00 as SA spot hit $83/MWh.
Peak moment
Fleet discharged 3,233 MW at 18:00 as TAS spot hit $96/MWh.
Discharged
3,248MWh
peak 855 MW · 18:30
Charged
4,065MWh
peak 902 MW
Net
-818MWh
discharge − charge
Round-trip
80%
discharge / charge ratio
Discharged
3,454MWh
peak 1,208 MW · 18:00
Charged
4,261MWh
peak 794 MW
Net
-807MWh
discharge − charge
Round-trip
81%
discharge / charge ratio
Discharged
3,341MWh
peak 880 MW · 18:00
Charged
3,297MWh
peak 784 MW
Net
+45MWh
discharge − charge
Round-trip
101%
discharge / charge ratio
Discharged
1,253MWh
peak 371 MW · 19:00
Charged
1,443MWh
peak 301 MW
Net
-190MWh
discharge − charge
Round-trip
87%
discharge / charge ratio
NEM-wide
Discharged
11,296MWh
peak 3,233 MW · 18:00
Charged
13,066MWh
peak 2,299 MW
Net
-1,770MWh
discharge − charge
Round-trip
86%
discharge / charge ratio
Fleet net dispatch · spot-price overlay · 30-min average
Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1QLD | 3,454MWh | -807 |
#2VIC | 3,341MWh | +45 |
#3NSW | 3,248MWh | -818 |
#4SA | 1,253MWh | -190 |
Generation Mix
- Coal55.8% · 108.8 GWh
- Gas1.5% · 2.9 GWh
- Hydro3.6% · 7.0 GWh
- Wind11.8% · 23.0 GWh
- Solar (utility)14.0% · 27.3 GWh
- Solar (rooftop)11.7% · 22.8 GWh
- Battery1.7% · 3.2 GWh
- Coal53.3% · 108.2 GWh
- Gas4.0% · 8.1 GWh
- Hydro4.6% · 9.3 GWh
- Wind12.8% · 25.9 GWh
- Solar (utility)10.7% · 21.7 GWh
- Solar (rooftop)12.9% · 26.3 GWh
- Battery1.7% · 3.5 GWh
- Coal62.9% · 93.2 GWh
- Hydro2.4% · 3.6 GWh
- Wind14.1% · 20.9 GWh
- Solar (utility)5.9% · 8.8 GWh
- Solar (rooftop)12.4% · 18.4 GWh
- Battery2.3% · 3.3 GWh
- Gas10.3% · 3.9 GWh
- Wind52.4% · 19.6 GWh
- Solar (utility)7.4% · 2.8 GWh
- Solar (rooftop)26.5% · 9.9 GWh
- Battery3.3% · 1.3 GWh
- Hydro83.4% · 23.0 GWh
- Wind12.3% · 3.4 GWh
- Solar (rooftop)4.3% · 1.2 GWh
Renewables
NSW · Daily renewable share
30.8%
VIC · Daily renewable share
29.8%
QLD · Daily renewable share
38.7%
SA · Daily renewable share
75.0%
TAS · Daily renewable share
96.7%
Peak instantaneous
55.4%
at 09:30
Daily NEM-wide share
39.2%
By region (daily share)
- NSW 30.8%
- VIC 29.8%
- QLD 38.7%
- SA 75.0%
- TAS 96.7%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +28.8 GWh | 6 | — |
| NSW1-QLD1 | −39.3 GWh | 6 | — |
| VIC1-NSW1 | +20.2 GWh | 14 | — |
| V-SA | −3.0 GWh | 33 | — |
| T-V-MNSP1 | −2.7 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
304.5k tCO₂
▼ 1.0% vs same day last week
Intensity by region
| NSW | 97.3k tCO₂ | 0.505 tCO₂/MWh |
| QLD | 97.2k tCO₂ | 0.487 tCO₂/MWh |
| SA | 1.9k tCO₂ | 0.050 tCO₂/MWh |
| VIC | 108.1k tCO₂ | 0.738 tCO₂/MWh |
| TAS | 0 tCO₂ | 0.000 tCO₂/MWh |