NEM
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NEM
Daily analysis
Tuesday 12 May 2026
Trading day 2026-05-12
Prices
Trading day · 04:00 → 04:00 AEST · 30-min average
NSW VIC QLD SA TAS
| Region | Avg | VWAP | Min | Max | Neg | Cap |
|---|---|---|---|---|---|---|
| NSW | $68 | $69 | $24 | $116 | 0 | 0 |
| QLD | $61 | $63 | -$3 | $106 | 2 | 0 |
| SA | $103 | $101 | $37 | $280 | 0 | 0 |
| VIC | $65 | $68 | $0 | $143 | 0 | 0 |
| TAS | $99 | $99 | $60 | $122 | 0 | 0 |
Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.
Demand
NSW
Peak
9,445MW
17:55
Trough
6,386MW
04:00
Energy
367.8GWh
QLD
Peak
7,813MW
17:45
Trough
5,029MW
11:05
Energy
296.9GWh
SA
Peak
1,770MW
18:50
Trough
1,071MW
13:55
Energy
67.0GWh
VIC
Peak
6,901MW
07:40
Trough
4,001MW
13:05
Energy
254.6GWh
TAS
Peak
1,325MW
08:15
Trough
957MW
13:30
Energy
52.3GWh
FCAS
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $6,064 | 0 | $20 | 12 May, 15:05 |
| LOWERREG | $1,361 | 0 | $8 | 12 May, 15:05 |
| RAISE60SEC | $439 | 0 | $1 | 12 May, 17:55 |
| RAISE6SEC | $390 | 0 | $1 | 12 May, 17:55 |
| RAISE5MIN | $72 | 0 | $0 | 12 May, 17:40 |
| LOWER60SEC | $22 | 0 | $0 | 12 May, 13:35 |
| LOWER5MIN | $14 | 0 | $0 | 12 May, 14:15 |
| LOWER6SEC | $6 | 0 | $0 | 12 May, 13:35 |
| Total | $8,369 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| LOWER6SEC | $44,833 | 0 | $31 | 12 May, 11:05 |
| LOWER60SEC | $36,667 | 0 | $17 | 12 May, 11:00 |
| RAISEREG | $9,460 | 0 | $20 | 12 May, 15:05 |
| LOWER5MIN | $7,210 | 0 | $5 | 12 May, 10:05 |
| LOWERREG | $3,021 | 0 | $8 | 12 May, 15:05 |
| RAISE6SEC | $341 | 0 | $0 | 12 May, 17:30 |
| RAISE60SEC | $192 | 0 | $0 | 12 May, 17:10 |
| RAISE5MIN | $75 | 0 | $0 | 12 May, 17:40 |
| Total | $101,801 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $18,486 | 0 | $20 | 12 May, 15:05 |
| LOWERREG | $4,721 | 0 | $8 | 12 May, 15:05 |
| RAISE60SEC | $630 | 0 | $1 | 12 May, 17:55 |
| RAISE6SEC | $590 | 0 | $1 | 12 May, 17:55 |
| RAISE5MIN | $125 | 0 | $0 | 12 May, 17:40 |
| LOWER60SEC | $46 | 0 | $0 | 12 May, 13:35 |
| LOWER5MIN | $11 | 0 | $0 | 12 May, 14:15 |
| LOWER6SEC | $6 | 0 | $0 | 12 May, 13:35 |
| Total | $24,616 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISE6SEC | $13,353 | 0 | $24 | 12 May, 04:20 |
| RAISE60SEC | $10,240 | 0 | $25 | 12 May, 05:40 |
| RAISEREG | $5,887 | 0 | $20 | 12 May, 15:05 |
| LOWERREG | $4,853 | 0 | $8 | 12 May, 15:05 |
| RAISE5MIN | $518 | 0 | $2 | 12 May, 05:35 |
| LOWER60SEC | $43 | 0 | $0 | 12 May, 13:35 |
| LOWER5MIN | $18 | 0 | $0 | 12 May, 14:15 |
| LOWER6SEC | $13 | 0 | $0 | 12 May, 13:35 |
| Total | $34,926 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISE6SEC | $31,464 | 0 | $40 | 12 May, 11:15 |
| RAISEREG | $16,379 | 0 | $30 | 12 May, 15:45 |
| LOWER6SEC | $10,416 | 0 | $3 | 12 May, 05:05 |
| LOWERREG | $4,841 | 0 | $4 | 12 May, 16:50 |
| RAISE60SEC | $3,477 | 0 | $22 | 12 May, 15:45 |
| LOWER60SEC | $2,129 | 0 | $1 | 12 May, 06:50 |
| RAISE5MIN | $364 | 0 | $0 | 12 May, 04:05 |
| LOWER5MIN | $278 | 0 | $3 | 12 May, 16:50 |
| Total | $69,348 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 1,051 MW at 18:00 as NSW spot hit $93/MWh.
Peak moment
Fleet discharged 1,061 MW at 18:00 as QLD spot hit $88/MWh.
Peak moment
Fleet discharged 881 MW at 18:00 as VIC spot hit $90/MWh.
Peak moment
Fleet discharged 379 MW at 08:00 as SA spot hit $120/MWh.
Peak moment
Fleet discharged 3,028 MW at 18:00 as TAS spot hit $96/MWh.
Discharged
3,857MWh
peak 1,051 MW · 18:00
Charged
5,330MWh
peak 941 MW
Net
-1,473MWh
discharge − charge
Round-trip
72%
discharge / charge ratio
Discharged
4,991MWh
peak 1,061 MW · 18:00
Charged
5,435MWh
peak 1,000 MW
Net
-444MWh
discharge − charge
Round-trip
92%
discharge / charge ratio
Discharged
3,806MWh
peak 881 MW · 18:00
Charged
4,517MWh
peak 873 MW
Net
-711MWh
discharge − charge
Round-trip
84%
discharge / charge ratio
Discharged
1,124MWh
peak 379 MW · 08:00
Charged
698MWh
peak 120 MW
Net
+427MWh
discharge − charge
Round-trip
161%
discharge / charge ratio
NEM-wide
Discharged
13,779MWh
peak 3,028 MW · 18:00
Charged
15,980MWh
peak 2,658 MW
Net
-2,201MWh
discharge − charge
Round-trip
86%
discharge / charge ratio
Fleet net dispatch · spot-price overlay · 30-min average
Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1QLD | 4,991MWh | -444 |
#2NSW | 3,857MWh | -1,473 |
#3VIC | 3,806MWh | -711 |
#4SA | 1,124MWh | +427 |
Generation Mix
- Coal60.1% · 121.6 GWh
- Gas0.9% · 1.8 GWh
- Hydro1.3% · 2.6 GWh
- Wind15.9% · 32.1 GWh
- Solar (utility)11.5% · 23.3 GWh
- Solar (rooftop)8.4% · 17.0 GWh
- Battery1.9% · 3.9 GWh
- Coal56.9% · 108.2 GWh
- Gas2.5% · 4.8 GWh
- Hydro2.9% · 5.5 GWh
- Wind17.3% · 32.9 GWh
- Solar (utility)7.7% · 14.6 GWh
- Solar (rooftop)10.1% · 19.2 GWh
- Battery2.6% · 5.0 GWh
- Coal63.9% · 100.8 GWh
- Gas1.6% · 2.5 GWh
- Hydro8.5% · 13.4 GWh
- Wind10.3% · 16.2 GWh
- Solar (utility)4.0% · 6.3 GWh
- Solar (rooftop)9.4% · 14.9 GWh
- Battery2.4% · 3.8 GWh
- Gas37.4% · 13.3 GWh
- Wind39.0% · 13.9 GWh
- Solar (utility)4.8% · 1.7 GWh
- Solar (rooftop)14.4% · 5.2 GWh
- Battery3.1% · 1.1 GWh
- Other1.2% · 0.4 GWh
- Gas1.7% · 0.5 GWh
- Hydro88.8% · 26.2 GWh
- Wind6.7% · 2.0 GWh
- Solar (rooftop)2.8% · 0.8 GWh
Renewables
NSW · Daily renewable share
32.0%
VIC · Daily renewable share
29.0%
QLD · Daily renewable share
36.5%
SA · Daily renewable share
47.7%
TAS · Daily renewable share
97.5%
Peak instantaneous
50.0%
at 10:15
Daily NEM-wide share
36.8%
By region (daily share)
- NSW 32.0%
- VIC 29.0%
- QLD 36.5%
- SA 47.7%
- TAS 97.5%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +18.1 GWh | 14 | — |
| NSW1-QLD1 | −23.3 GWh | 8 | — |
| VIC1-NSW1 | +15.7 GWh | 22 | — |
| V-SA | −8.4 GWh | 17 | — |
| T-V-MNSP1 | −248 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
330.6k tCO₂
▼ 1.9% vs same day last week
Intensity by region
| NSW | 108.4k tCO₂ | 0.540 tCO₂/MWh |
| QLD | 96.4k tCO₂ | 0.509 tCO₂/MWh |
| SA | 6.0k tCO₂ | 0.170 tCO₂/MWh |
| VIC | 119.4k tCO₂ | 0.760 tCO₂/MWh |
| TAS | 332 tCO₂ | 0.012 tCO₂/MWh |