NEM
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NEM
Daily analysis
Tuesday 5 May 2026
Trading day 2026-05-05
Prices
Trading day · 04:00 → 04:00 AEST · 30-min average
NSW VIC QLD SA TAS
| Region | Avg | VWAP | Min | Max | Neg | Cap |
|---|---|---|---|---|---|---|
| NSW | $89 | $92 | $41 | $152 | 0 | 0 |
| QLD | $87 | $90 | $35 | $154 | 0 | 0 |
| SA | $115 | $115 | $31 | $290 | 0 | 0 |
| VIC | $90 | $93 | $5 | $190 | 0 | 0 |
| TAS | $94 | $94 | $88 | $155 | 0 | 0 |
Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.
Demand
NSW
Peak
9,184MW
18:00
Trough
5,446MW
12:45
Energy
346.1GWh
QLD
Peak
7,898MW
18:05
Trough
4,812MW
10:45
Energy
300.0GWh
SA
Peak
1,839MW
18:40
Trough
1,075MW
14:15
Energy
68.5GWh
VIC
Peak
6,893MW
18:00
Trough
4,053MW
04:15
Energy
255.9GWh
TAS
Peak
1,211MW
17:35
Trough
822MW
02:25
Energy
48.2GWh
FCAS
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $15,372 | 0 | $25 | 5 May, 15:15 |
| LOWERREG | $4,926 | 0 | $14 | 5 May, 05:30 |
| RAISE6SEC | $391 | 0 | $0 | 5 May, 18:05 |
| RAISE60SEC | $242 | 0 | $0 | 5 May, 18:05 |
| LOWER60SEC | $128 | 0 | $0 | 5 May, 09:10 |
| RAISE5MIN | $90 | 0 | $0 | 5 May, 17:25 |
| LOWER5MIN | $38 | 0 | $0 | 5 May, 11:15 |
| LOWER6SEC | $37 | 0 | $0 | 5 May, 05:10 |
| Total | $21,223 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $13,003 | 0 | $25 | 5 May, 15:15 |
| LOWERREG | $8,458 | 0 | $14 | 5 May, 05:30 |
| RAISE6SEC | $717 | 0 | $0 | 5 May, 18:05 |
| LOWER60SEC | $446 | 0 | $0 | 5 May, 09:10 |
| RAISE60SEC | $361 | 0 | $0 | 5 May, 18:05 |
| RAISE5MIN | $114 | 0 | $0 | 5 May, 17:25 |
| LOWER6SEC | $106 | 0 | $0 | 5 May, 05:10 |
| LOWER5MIN | $98 | 0 | $0 | 5 May, 11:15 |
| Total | $23,303 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $17,422 | 0 | $25 | 5 May, 15:15 |
| LOWERREG | $5,370 | 0 | $14 | 5 May, 05:30 |
| RAISE6SEC | $530 | 0 | $0 | 5 May, 18:05 |
| RAISE60SEC | $426 | 0 | $0 | 5 May, 18:05 |
| LOWER60SEC | $282 | 0 | $0 | 5 May, 09:10 |
| RAISE5MIN | $163 | 0 | $0 | 5 May, 17:25 |
| LOWER5MIN | $37 | 0 | $0 | 5 May, 11:15 |
| LOWER6SEC | $30 | 0 | $0 | 5 May, 05:10 |
| Total | $24,261 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $11,281 | 0 | $25 | 5 May, 15:15 |
| LOWERREG | $7,598 | 0 | $14 | 5 May, 05:30 |
| RAISE6SEC | $294 | 0 | $0 | 5 May, 18:05 |
| LOWER60SEC | $226 | 0 | $0 | 5 May, 09:10 |
| RAISE60SEC | $176 | 0 | $0 | 5 May, 18:05 |
| RAISE5MIN | $67 | 0 | $0 | 5 May, 17:25 |
| LOWER6SEC | $52 | 0 | $0 | 5 May, 05:10 |
| LOWER5MIN | $40 | 0 | $0 | 5 May, 11:15 |
| Total | $19,733 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISE6SEC | $16,116 | 0 | $175 | 6 May, 03:30 |
| LOWER6SEC | $10,974 | 0 | $11 | 6 May, 03:40 |
| RAISEREG | $8,840 | 0 | $50 | 5 May, 06:30 |
| LOWERREG | $5,362 | 0 | $4 | 6 May, 00:05 |
| LOWER60SEC | $4,182 | 0 | $3 | 5 May, 04:05 |
| RAISE60SEC | $2,776 | 0 | $3 | 5 May, 06:10 |
| RAISE5MIN | $629 | 0 | $0 | 5 May, 04:05 |
| LOWER5MIN | $209 | 0 | $0 | 5 May, 04:05 |
| Total | $49,089 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 849 MW at 19:00 as NSW spot hit $117/MWh.
Peak moment
Fleet discharged 967 MW at 18:00 as QLD spot hit $125/MWh.
Peak moment
Fleet discharged 846 MW at 07:30 as VIC spot hit $78/MWh.
Peak moment
Fleet discharged 236 MW at 08:30 as SA spot hit $94/MWh.
Peak moment
Fleet discharged 2,398 MW at 18:30 as TAS spot hit $101/MWh.
Discharged
4,064MWh
peak 849 MW · 19:00
Charged
4,270MWh
peak 744 MW
Net
-206MWh
discharge − charge
Round-trip
95%
discharge / charge ratio
Discharged
4,092MWh
peak 967 MW · 18:00
Charged
5,006MWh
peak 874 MW
Net
-914MWh
discharge − charge
Round-trip
82%
discharge / charge ratio
Discharged
4,670MWh
peak 846 MW · 07:30
Charged
2,956MWh
peak 465 MW
Net
+1,713MWh
discharge − charge
Round-trip
158%
discharge / charge ratio
Discharged
1,847MWh
peak 236 MW · 08:30
Charged
1,155MWh
peak 244 MW
Net
+693MWh
discharge − charge
Round-trip
160%
discharge / charge ratio
NEM-wide
Discharged
14,673MWh
peak 2,398 MW · 18:30
Charged
13,387MWh
peak 2,198 MW
Net
+1,285MWh
discharge − charge
Round-trip
110%
discharge / charge ratio
Fleet net dispatch · spot-price overlay · 30-min average
Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1VIC | 4,670MWh | +1,713 |
#2QLD | 4,092MWh | -914 |
#3NSW | 4,064MWh | -206 |
#4SA | 1,847MWh | +693 |
Generation Mix
- Coal64.3% · 130.3 GWh
- Gas0.5% · 1.1 GWh
- Hydro2.4% · 4.9 GWh
- Wind8.0% · 16.2 GWh
- Solar (utility)10.0% · 20.3 GWh
- Solar (rooftop)12.7% · 25.7 GWh
- Battery2.0% · 4.1 GWh
- Coal62.9% · 119.5 GWh
- Gas5.3% · 10.1 GWh
- Hydro3.0% · 5.7 GWh
- Wind5.3% · 10.0 GWh
- Solar (utility)9.1% · 17.3 GWh
- Solar (rooftop)12.3% · 23.3 GWh
- Battery2.2% · 4.1 GWh
- Coal55.1% · 89.0 GWh
- Gas2.6% · 4.3 GWh
- Hydro8.7% · 14.1 GWh
- Wind20.8% · 33.5 GWh
- Solar (utility)2.9% · 4.7 GWh
- Solar (rooftop)5.9% · 9.5 GWh
- Battery2.9% · 4.7 GWh
- Other1.1% · 1.7 GWh
- Gas44.9% · 13.1 GWh
- Wind23.7% · 6.9 GWh
- Solar (utility)5.1% · 1.5 GWh
- Solar (rooftop)17.6% · 5.1 GWh
- Battery6.3% · 1.8 GWh
- Other2.4% · 0.7 GWh
- Gas2.1% · 0.6 GWh
- Hydro73.9% · 21.2 GWh
- Wind20.7% · 5.9 GWh
- Solar (rooftop)3.3% · 0.9 GWh
Renewables
NSW · Daily renewable share
25.0%
VIC · Daily renewable share
41.4%
QLD · Daily renewable share
23.3%
SA · Daily renewable share
27.9%
TAS · Daily renewable share
98.5%
Peak instantaneous
46.0%
at 08:45
Daily NEM-wide share
32.9%
By region (daily share)
- NSW 25.0%
- VIC 41.4%
- QLD 23.3%
- SA 27.9%
- TAS 98.5%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +13.7 GWh | 14 | — |
| NSW1-QLD1 | −12.9 GWh | 14 | — |
| VIC1-NSW1 | +25.7 GWh | 22 | — |
| V-SA | −24.5 GWh | 0 | — |
| T-V-MNSP1 | +407 MWh | 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
337.1k tCO₂
▲ 3.2% vs same day last week
Intensity by region
| NSW | 115.7k tCO₂ | 0.578 tCO₂/MWh |
| QLD | 108.5k tCO₂ | 0.577 tCO₂/MWh |
| SA | 6.2k tCO₂ | 0.213 tCO₂/MWh |
| VIC | 106.2k tCO₂ | 0.663 tCO₂/MWh |
| TAS | 396 tCO₂ | 0.014 tCO₂/MWh |