NEM
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NEM
Daily analysis
Thursday 7 May 2026
Trading day 2026-05-07
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 | $50 | -$0 | $89 | 0 | 0 |
| QLD | $55 | $57 | $0 | $232 | 0 | 0 |
| SA | $27 | $30 | -$0 | $120 | 3 | 0 |
| VIC | $17 | $19 | -$0 | $71 | 9 | 0 |
| TAS | $89 | $90 | $60 | $121 | 0 | 0 |
Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.
Demand
NSW
Peak
10,131MW
18:00
Trough
5,690MW
12:50
Energy
367.5GWh
QLD
Peak
7,828MW
17:55
Trough
4,804MW
10:50
Energy
295.5GWh
SA
Peak
1,940MW
18:35
Trough
923MW
10:35
Energy
68.7GWh
VIC
Peak
7,771MW
17:50
Trough
4,282MW
03:55
Energy
290.7GWh
TAS
Peak
1,366MW
17:55
Trough
874MW
01:25
Energy
54.8GWh
FCAS
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $9,918 | 0 | $20 | 7 May, 10:05 |
| LOWERREG | $3,832 | 0 | $10 | 7 May, 15:40 |
| LOWER60SEC | $186 | 0 | $1 | 7 May, 15:35 |
| RAISE6SEC | $164 | 0 | $0 | 7 May, 19:00 |
| RAISE60SEC | $142 | 0 | $0 | 7 May, 08:35 |
| LOWER5MIN | $104 | 0 | $0 | 7 May, 11:55 |
| LOWER6SEC | $68 | 0 | $1 | 7 May, 15:35 |
| RAISE5MIN | $59 | 0 | $0 | 7 May, 06:55 |
| Total | $14,472 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $9,752 | 0 | $20 | 7 May, 10:05 |
| LOWERREG | $4,245 | 0 | $10 | 7 May, 15:40 |
| RAISE6SEC | $739 | 0 | $2 | 7 May, 15:35 |
| RAISE60SEC | $569 | 0 | $0 | 7 May, 11:25 |
| LOWER60SEC | $521 | 0 | $0 | 7 May, 13:20 |
| LOWER5MIN | $394 | 0 | $0 | 7 May, 11:55 |
| RAISE5MIN | $205 | 0 | $1 | 7 May, 11:30 |
| LOWER6SEC | $152 | 0 | $0 | 7 May, 11:55 |
| Total | $16,577 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $19,194 | 0 | $20 | 7 May, 10:05 |
| LOWERREG | $5,569 | 0 | $10 | 7 May, 15:40 |
| LOWER60SEC | $561 | 0 | $1 | 7 May, 15:35 |
| RAISE60SEC | $213 | 0 | $0 | 7 May, 08:35 |
| RAISE6SEC | $173 | 0 | $0 | 7 May, 19:00 |
| LOWER6SEC | $123 | 0 | $1 | 7 May, 15:35 |
| LOWER5MIN | $88 | 0 | $0 | 7 May, 11:55 |
| RAISE5MIN | $86 | 0 | $0 | 7 May, 06:55 |
| Total | $26,007 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| LOWERREG | $5,350 | 0 | $10 | 7 May, 15:40 |
| RAISEREG | $4,496 | 0 | $20 | 7 May, 10:05 |
| LOWER60SEC | $339 | 0 | $1 | 7 May, 15:35 |
| LOWER5MIN | $151 | 0 | $0 | 7 May, 11:55 |
| LOWER6SEC | $125 | 0 | $1 | 7 May, 15:35 |
| RAISE6SEC | $106 | 0 | $0 | 7 May, 19:00 |
| RAISE60SEC | $87 | 0 | $0 | 7 May, 08:35 |
| RAISE5MIN | $31 | 0 | $0 | 7 May, 06:55 |
| Total | $10,684 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISE6SEC | $9,959 | 0 | $50 | 7 May, 22:00 |
| RAISEREG | $9,080 | 0 | $20 | 7 May, 16:10 |
| LOWER6SEC | $5,724 | 0 | $14 | 8 May, 01:35 |
| LOWERREG | $4,937 | 0 | $4 | 7 May, 06:35 |
| RAISE60SEC | $1,920 | 0 | $3 | 7 May, 10:05 |
| LOWER60SEC | $1,278 | 0 | $3 | 7 May, 06:00 |
| RAISE5MIN | $445 | 0 | $0 | 7 May, 06:55 |
| LOWER5MIN | $61 | 0 | $0 | 7 May, 06:00 |
| Total | $33,404 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 736 MW at 18:00 as NSW spot hit $61/MWh.
Peak moment
Fleet discharged 745 MW at 18:30 as QLD spot hit $65/MWh.
Peak moment
Fleet discharged 791 MW at 18:00 as VIC spot hit $54/MWh.
Peak moment
Fleet discharged 386 MW at 19:00 as SA spot hit $52/MWh.
Peak moment
Fleet discharged 2,488 MW at 18:00 as TAS spot hit $96/MWh.
Discharged
3,650MWh
peak 736 MW · 18:00
Charged
4,537MWh
peak 1,028 MW
Net
-887MWh
discharge − charge
Round-trip
80%
discharge / charge ratio
Discharged
4,084MWh
peak 745 MW · 18:30
Charged
5,267MWh
peak 1,267 MW
Net
-1,183MWh
discharge − charge
Round-trip
78%
discharge / charge ratio
Discharged
4,202MWh
peak 791 MW · 18:00
Charged
3,157MWh
peak 648 MW
Net
+1,045MWh
discharge − charge
Round-trip
133%
discharge / charge ratio
Discharged
1,498MWh
peak 386 MW · 19:00
Charged
2,018MWh
peak 516 MW
Net
-520MWh
discharge − charge
Round-trip
74%
discharge / charge ratio
NEM-wide
Discharged
13,434MWh
peak 2,488 MW · 18:00
Charged
14,979MWh
peak 2,980 MW
Net
-1,545MWh
discharge − charge
Round-trip
90%
discharge / charge ratio
Fleet net dispatch · spot-price overlay · 30-min average
Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1VIC | 4,202MWh | +1,045 |
#2QLD | 4,084MWh | -1,183 |
#3NSW | 3,650MWh | -887 |
#4SA | 1,498MWh | -520 |
Generation Mix
- Coal50.7% · 109.9 GWh
- Gas0.2% · 0.5 GWh
- Hydro5.5% · 11.8 GWh
- Wind19.7% · 42.7 GWh
- Solar (utility)10.6% · 23.0 GWh
- Solar (rooftop)11.7% · 25.4 GWh
- Battery1.7% · 3.7 GWh
- Coal57.4% · 101.9 GWh
- Gas2.9% · 5.2 GWh
- Hydro3.4% · 6.1 GWh
- Wind11.3% · 20.1 GWh
- Solar (utility)10.3% · 18.3 GWh
- Solar (rooftop)12.3% · 21.9 GWh
- Battery2.3% · 4.1 GWh
- Coal44.3% · 84.7 GWh
- Hydro0.8% · 1.5 GWh
- Wind44.3% · 84.7 GWh
- Solar (utility)2.9% · 5.6 GWh
- Solar (rooftop)4.9% · 9.4 GWh
- Battery2.2% · 4.2 GWh
- Other0.5% · 1.1 GWh
- Gas8.6% · 3.3 GWh
- Wind67.2% · 25.8 GWh
- Solar (utility)5.1% · 2.0 GWh
- Solar (rooftop)15.2% · 5.8 GWh
- Battery3.9% · 1.5 GWh
- Hydro64.7% · 18.9 GWh
- Wind33.1% · 9.7 GWh
- Solar (rooftop)2.2% · 0.6 GWh
Renewables
NSW · Daily renewable share
39.0%
VIC · Daily renewable share
59.5%
QLD · Daily renewable share
30.9%
SA · Daily renewable share
78.8%
TAS · Daily renewable share
90.8%
Peak instantaneous
63.4%
at 13:35
Daily NEM-wide share
47.6%
By region (daily share)
- NSW 39.0%
- VIC 59.5%
- QLD 30.9%
- SA 78.8%
- TAS 90.8%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | −4.2 GWh | 13 | — |
| NSW1-QLD1 | −16.6 GWh | 4 | — |
| VIC1-NSW1 | +43.5 GWh | 8 | — |
| V-SA | −13.6 GWh | 14 | — |
| T-V-MNSP1 | −4.7 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
289.7k tCO₂
▲ 3.4% vs same day last week
Intensity by region
| NSW | 97.0k tCO₂ | 0.453 tCO₂/MWh |
| QLD | 91.4k tCO₂ | 0.520 tCO₂/MWh |
| SA | 1.5k tCO₂ | 0.040 tCO₂/MWh |
| VIC | 99.7k tCO₂ | 0.526 tCO₂/MWh |
| TAS | 0 tCO₂ | 0.000 tCO₂/MWh |