NEM
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NEM
Daily analysis
Saturday 25 April 2026
Trading day 2026-04-25
Prices
Trading day · 04:00 → 04:00 AEST · 30-min average
NSW VIC QLD SA TAS
| Region | Avg | VWAP | Min | Max | Neg | Cap |
|---|---|---|---|---|---|---|
| NSW | $47 | $51 | -$3 | $90 | 0 | 0 |
| QLD | $42 | $44 | -$2 | $83 | 3 | 0 |
| SA | $16 | $26 | -$61 | $138 | 26 | 0 |
| VIC | -$9 | -$4 | -$64 | $77 | 34 | 0 |
| TAS | $70 | $71 | $27 | $98 | 0 | 0 |
Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.
Demand
NSW
Peak
8,119MW
18:05
Trough
4,570MW
12:20
Energy
307.3GWh
QLD
Peak
7,238MW
18:00
Trough
5,175MW
14:00
Energy
283.0GWh
SA
Peak
1,564MW
18:40
Trough
456MW
13:25
Energy
56.1GWh
VIC
Peak
5,440MW
18:05
Trough
2,550MW
12:45
Energy
193.6GWh
TAS
Peak
1,165MW
18:00
Trough
830MW
12:20
Energy
47.4GWh
FCAS
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $7,745 | 0 | $20 | 25 Apr, 16:40 |
| LOWERREG | $4,440 | 0 | $16 | 25 Apr, 15:30 |
| RAISE6SEC | $209 | 0 | $1 | 25 Apr, 17:30 |
| RAISE60SEC | $176 | 0 | $0 | 25 Apr, 17:25 |
| LOWER60SEC | $93 | 0 | $1 | 25 Apr, 12:25 |
| LOWER5MIN | $82 | 0 | $0 | 25 Apr, 12:25 |
| RAISE5MIN | $49 | 0 | $0 | 25 Apr, 17:25 |
| LOWER6SEC | $28 | 0 | $0 | 25 Apr, 11:20 |
| Total | $12,822 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $6,702 | 0 | $20 | 25 Apr, 16:40 |
| LOWERREG | $4,930 | 0 | $16 | 25 Apr, 15:30 |
| LOWER60SEC | $890 | 0 | $1 | 25 Apr, 12:25 |
| LOWER5MIN | $481 | 0 | $0 | 25 Apr, 12:25 |
| RAISE6SEC | $411 | 0 | $1 | 25 Apr, 17:30 |
| LOWER6SEC | $339 | 0 | $0 | 25 Apr, 11:20 |
| RAISE60SEC | $285 | 0 | $0 | 25 Apr, 17:25 |
| RAISE5MIN | $57 | 0 | $0 | 25 Apr, 17:25 |
| Total | $14,096 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $12,676 | 0 | $20 | 25 Apr, 16:40 |
| LOWERREG | $4,926 | 0 | $16 | 25 Apr, 15:30 |
| LOWER60SEC | $368 | 0 | $1 | 25 Apr, 12:25 |
| RAISE6SEC | $239 | 0 | $1 | 25 Apr, 17:30 |
| RAISE60SEC | $219 | 0 | $0 | 25 Apr, 17:25 |
| LOWER5MIN | $129 | 0 | $0 | 25 Apr, 12:25 |
| LOWER6SEC | $77 | 0 | $0 | 25 Apr, 11:20 |
| RAISE5MIN | $70 | 0 | $0 | 25 Apr, 17:25 |
| Total | $18,704 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| LOWERREG | $4,351 | 0 | $16 | 25 Apr, 15:30 |
| RAISEREG | $2,213 | 0 | $20 | 25 Apr, 16:40 |
| LOWER60SEC | $305 | 0 | $1 | 25 Apr, 12:25 |
| LOWER5MIN | $134 | 0 | $0 | 25 Apr, 12:25 |
| RAISE6SEC | $130 | 0 | $1 | 25 Apr, 17:30 |
| LOWER6SEC | $103 | 0 | $0 | 25 Apr, 11:20 |
| RAISE60SEC | $93 | 0 | $0 | 25 Apr, 17:25 |
| RAISE5MIN | $29 | 0 | $0 | 25 Apr, 17:25 |
| Total | $7,357 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $9,306 | 0 | $6 | 25 Apr, 16:40 |
| LOWER6SEC | $6,411 | 0 | $13 | 26 Apr, 00:45 |
| LOWERREG | $6,007 | 0 | $9 | 25 Apr, 15:15 |
| LOWER60SEC | $2,064 | 0 | $1 | 25 Apr, 12:25 |
| RAISE6SEC | $1,189 | 0 | $0 | 25 Apr, 04:05 |
| RAISE60SEC | $1,184 | 0 | $0 | 25 Apr, 04:05 |
| LOWER5MIN | $258 | 0 | $3 | 25 Apr, 17:35 |
| RAISE5MIN | $159 | 0 | $0 | 25 Apr, 18:50 |
| Total | $26,578 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 925 MW at 18:30 as NSW spot hit $72/MWh.
Peak moment
Fleet discharged 1,224 MW at 18:00 as QLD spot hit $68/MWh.
Peak moment
Fleet discharged 1,070 MW at 17:30 as VIC spot hit $61/MWh.
Peak moment
Fleet discharged 213 MW at 18:30 as SA spot hit $101/MWh.
Peak moment
Fleet discharged 3,163 MW at 18:00 as TAS spot hit $91/MWh.
Discharged
3,126MWh
peak 925 MW · 18:30
Charged
3,804MWh
peak 789 MW
Net
-678MWh
discharge − charge
Round-trip
82%
discharge / charge ratio
Discharged
3,538MWh
peak 1,224 MW · 18:00
Charged
4,287MWh
peak 724 MW
Net
-750MWh
discharge − charge
Round-trip
83%
discharge / charge ratio
Discharged
2,684MWh
peak 1,070 MW · 17:30
Charged
3,588MWh
peak 1,024 MW
Net
-904MWh
discharge − charge
Round-trip
75%
discharge / charge ratio
Discharged
850MWh
peak 213 MW · 18:30
Charged
1,544MWh
peak 455 MW
Net
-694MWh
discharge − charge
Round-trip
55%
discharge / charge ratio
NEM-wide
Discharged
10,197MWh
peak 3,163 MW · 18:00
Charged
13,223MWh
peak 2,855 MW
Net
-3,026MWh
discharge − charge
Round-trip
77%
discharge / charge ratio
Fleet net dispatch · spot-price overlay · 30-min average
Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1QLD | 3,538MWh | -750 |
#2NSW | 3,126MWh | -678 |
#3VIC | 2,684MWh | -904 |
#4SA | 850MWh | -694 |
Generation Mix
- Coal52.4% · 89.5 GWh
- Gas0.6% · 1.0 GWh
- Hydro6.0% · 10.2 GWh
- Wind8.0% · 13.7 GWh
- Solar (utility)15.4% · 26.3 GWh
- Solar (rooftop)15.7% · 26.9 GWh
- Battery1.8% · 3.1 GWh
- Coal56.0% · 106.6 GWh
- Gas1.9% · 3.6 GWh
- Hydro5.3% · 10.0 GWh
- Wind13.7% · 26.1 GWh
- Solar (utility)12.4% · 23.6 GWh
- Solar (rooftop)8.8% · 16.7 GWh
- Battery1.9% · 3.5 GWh
- Coal47.8% · 71.1 GWh
- Hydro1.0% · 1.4 GWh
- Wind33.5% · 49.8 GWh
- Solar (utility)3.5% · 5.2 GWh
- Solar (rooftop)12.4% · 18.4 GWh
- Battery1.8% · 2.7 GWh
- Gas7.7% · 2.7 GWh
- Wind68.6% · 23.7 GWh
- Solar (utility)0.6% · 0.2 GWh
- Solar (rooftop)20.7% · 7.1 GWh
- Battery2.5% · 0.8 GWh
- Hydro72.3% · 16.6 GWh
- Wind22.6% · 5.2 GWh
- Solar (rooftop)5.1% · 1.2 GWh
Renewables
NSW · Daily renewable share
28.4%
VIC · Daily renewable share
54.3%
QLD · Daily renewable share
41.4%
SA · Daily renewable share
80.4%
TAS · Daily renewable share
84.5%
Peak instantaneous
60.6%
at 08:55
Daily NEM-wide share
44.9%
By region (daily share)
- NSW 28.4%
- VIC 54.3%
- QLD 41.4%
- SA 80.4%
- TAS 84.5%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +31.4 GWh | 0 | — |
| NSW1-QLD1 | −55.1 GWh | 0 | — |
| VIC1-NSW1 | +52.3 GWh | 0 | — |
| V-SA | −13.9 GWh | 9 | — |
| T-V-MNSP1 | −7.6 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
257.7k tCO₂
▼ 17.8% vs same day last week
Intensity by region
| NSW | 79.3k tCO₂ | 0.472 tCO₂/MWh |
| QLD | 93.9k tCO₂ | 0.498 tCO₂/MWh |
| SA | 1.3k tCO₂ | 0.037 tCO₂/MWh |
| VIC | 83.3k tCO₂ | 0.570 tCO₂/MWh |
| TAS | 0 tCO₂ | 0.000 tCO₂/MWh |