NEM
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NEM
Daily analysis
Monday 11 May 2026
Trading day 2026-05-11
Prices
Trading day · 04:00 → 04:00 AEST · 30-min average
NSW VIC QLD SA TAS
| Region | Avg | VWAP | Min | Max | Neg | Cap |
|---|---|---|---|---|---|---|
| NSW | $72 | $74 | $15 | $121 | 0 | 0 |
| QLD | $70 | $72 | $23 | $118 | 0 | 0 |
| SA | $81 | $85 | $14 | $138 | 0 | 0 |
| VIC | $78 | $81 | $15 | $139 | 0 | 0 |
| TAS | $99 | $99 | $88 | $116 | 0 | 0 |
Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.
Demand
NSW
Peak
9,491MW
17:55
Trough
6,330MW
13:00
Energy
362.2GWh
QLD
Peak
7,846MW
17:50
Trough
4,849MW
09:35
Energy
298.8GWh
SA
Peak
1,796MW
18:25
Trough
590MW
13:10
Energy
61.6GWh
VIC
Peak
7,002MW
07:35
Trough
4,026MW
12:50
Energy
261.0GWh
TAS
Peak
1,373MW
18:05
Trough
836MW
01:30
Energy
54.3GWh
FCAS
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $9,375 | 0 | $21 | 11 May, 15:25 |
| LOWERREG | $1,323 | 0 | $4 | 11 May, 08:55 |
| RAISE6SEC | $192 | 0 | $0 | 11 May, 11:25 |
| RAISE60SEC | $145 | 0 | $0 | 11 May, 11:25 |
| LOWER60SEC | $101 | 0 | $0 | 11 May, 12:45 |
| LOWER5MIN | $68 | 0 | $0 | 11 May, 11:05 |
| RAISE5MIN | $54 | 0 | $0 | 11 May, 07:35 |
| LOWER6SEC | $33 | 0 | $0 | 11 May, 15:05 |
| Total | $11,292 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $10,129 | 0 | $21 | 11 May, 15:25 |
| LOWERREG | $3,757 | 0 | $4 | 11 May, 09:50 |
| LOWER60SEC | $2,277 | 0 | $5 | 11 May, 09:45 |
| LOWER6SEC | $2,272 | 0 | $6 | 11 May, 09:45 |
| LOWER5MIN | $458 | 0 | $0 | 11 May, 09:40 |
| RAISE6SEC | $412 | 0 | $0 | 11 May, 17:30 |
| RAISE60SEC | $243 | 0 | $0 | 11 May, 17:50 |
| RAISE5MIN | $79 | 0 | $0 | 11 May, 07:35 |
| Total | $19,627 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $17,238 | 0 | $21 | 11 May, 15:25 |
| LOWERREG | $5,014 | 0 | $4 | 11 May, 08:55 |
| RAISE6SEC | $281 | 0 | $0 | 11 May, 11:25 |
| RAISE60SEC | $262 | 0 | $0 | 11 May, 11:25 |
| LOWER60SEC | $155 | 0 | $0 | 11 May, 12:45 |
| RAISE5MIN | $94 | 0 | $0 | 11 May, 07:35 |
| LOWER5MIN | $43 | 0 | $0 | 11 May, 11:05 |
| LOWER6SEC | $27 | 0 | $0 | 11 May, 15:05 |
| Total | $23,114 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISE60SEC | $5,142 | 0 | $13 | 12 May, 04:00 |
| RAISEREG | $4,856 | 0 | $21 | 11 May, 15:25 |
| LOWERREG | $3,767 | 0 | $4 | 11 May, 08:55 |
| RAISE6SEC | $3,340 | 0 | $10 | 12 May, 03:50 |
| RAISE5MIN | $1,222 | 0 | $6 | 12 May, 02:35 |
| LOWER60SEC | $140 | 0 | $0 | 11 May, 12:45 |
| LOWER5MIN | $56 | 0 | $0 | 11 May, 11:05 |
| LOWER6SEC | $38 | 0 | $0 | 11 May, 15:05 |
| Total | $18,561 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $13,101 | 0 | $9 | 11 May, 07:15 |
| LOWER6SEC | $7,448 | 0 | $3 | 11 May, 05:05 |
| RAISE6SEC | $4,989 | 0 | $22 | 11 May, 08:45 |
| LOWERREG | $4,828 | 0 | $4 | 11 May, 08:20 |
| LOWER60SEC | $2,214 | 0 | $1 | 11 May, 05:35 |
| RAISE60SEC | $2,190 | 0 | $0 | 11 May, 04:05 |
| RAISE5MIN | $360 | 0 | $0 | 11 May, 04:05 |
| LOWER5MIN | $208 | 0 | $0 | 11 May, 04:05 |
| Total | $35,338 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 888 MW at 17:30 as NSW spot hit $108/MWh.
Peak moment
Fleet discharged 1,104 MW at 18:00 as QLD spot hit $102/MWh.
Peak moment
Fleet discharged 1,019 MW at 08:00 as VIC spot hit $125/MWh.
Peak moment
Fleet discharged 334 MW at 08:00 as SA spot hit $129/MWh.
Peak moment
Fleet discharged 3,045 MW at 18:00 as TAS spot hit $98/MWh.
Discharged
3,420MWh
peak 888 MW · 17:30
Charged
4,507MWh
peak 829 MW
Net
-1,086MWh
discharge − charge
Round-trip
76%
discharge / charge ratio
Discharged
4,020MWh
peak 1,104 MW · 18:00
Charged
4,924MWh
peak 1,213 MW
Net
-904MWh
discharge − charge
Round-trip
82%
discharge / charge ratio
Discharged
4,629MWh
peak 1,019 MW · 08:00
Charged
4,683MWh
peak 791 MW
Net
-54MWh
discharge − charge
Round-trip
99%
discharge / charge ratio
Discharged
1,502MWh
peak 334 MW · 08:00
Charged
2,604MWh
peak 457 MW
Net
-1,102MWh
discharge − charge
Round-trip
58%
discharge / charge ratio
NEM-wide
Discharged
13,571MWh
peak 3,045 MW · 18:00
Charged
16,717MWh
peak 2,371 MW
Net
-3,146MWh
discharge − charge
Round-trip
81%
discharge / charge ratio
Fleet net dispatch · spot-price overlay · 30-min average
Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1VIC | 4,629MWh | -54 |
#2QLD | 4,020MWh | -904 |
#3NSW | 3,420MWh | -1,086 |
#4SA | 1,502MWh | -1,102 |
Generation Mix
- Coal63.2% · 130.1 GWh
- Gas0.6% · 1.1 GWh
- Hydro1.5% · 3.0 GWh
- Wind11.9% · 24.5 GWh
- Solar (utility)11.4% · 23.6 GWh
- Solar (rooftop)9.8% · 20.2 GWh
- Battery1.7% · 3.4 GWh
- Coal57.2% · 108.8 GWh
- Gas2.4% · 4.6 GWh
- Hydro3.1% · 5.9 GWh
- Wind15.7% · 29.9 GWh
- Solar (utility)8.7% · 16.6 GWh
- Solar (rooftop)10.8% · 20.5 GWh
- Battery2.1% · 4.0 GWh
- Coal65.2% · 101.3 GWh
- Gas1.1% · 1.6 GWh
- Hydro10.5% · 16.4 GWh
- Wind5.7% · 8.8 GWh
- Solar (utility)4.8% · 7.4 GWh
- Solar (rooftop)9.8% · 15.3 GWh
- Battery3.0% · 4.6 GWh
- Gas33.0% · 11.9 GWh
- Wind33.8% · 12.2 GWh
- Solar (utility)7.4% · 2.7 GWh
- Solar (rooftop)21.7% · 7.9 GWh
- Battery4.2% · 1.5 GWh
- Hydro95.2% · 29.0 GWh
- Wind1.7% · 0.5 GWh
- Solar (rooftop)3.1% · 0.9 GWh
Renewables
NSW · Daily renewable share
28.8%
VIC · Daily renewable share
26.8%
QLD · Daily renewable share
35.5%
SA · Daily renewable share
48.1%
TAS · Daily renewable share
100.5%
Peak instantaneous
48.0%
at 08:40
Daily NEM-wide share
35.2%
By region (daily share)
- NSW 28.8%
- VIC 26.8%
- QLD 35.5%
- SA 48.1%
- TAS 100.5%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +16.9 GWh | 6 | — |
| NSW1-QLD1 | −9.4 GWh | 26 | — |
| VIC1-NSW1 | +4.3 GWh | 46 | — |
| V-SA | −11.4 GWh | 8 | — |
| T-V-MNSP1 | +362 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
337.6k tCO₂
▲ 19.9% vs same day last week
Intensity by region
| NSW | 115.6k tCO₂ | 0.567 tCO₂/MWh |
| QLD | 97.0k tCO₂ | 0.514 tCO₂/MWh |
| SA | 5.4k tCO₂ | 0.148 tCO₂/MWh |
| VIC | 119.6k tCO₂ | 0.770 tCO₂/MWh |
| TAS | 0 tCO₂ | 0.000 tCO₂/MWh |