NEM
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NEM
Daily analysis
Thursday 14 May 2026
Trading day 2026-05-14
Prices
Trading day · 04:00 → 04:00 AEST · 30-min average
NSW VIC QLD SA TAS
| Region | Avg | VWAP | Min | Max | Neg | Cap |
|---|---|---|---|---|---|---|
| NSW | $80 | $83 | $13 | $218 | 0 | 0 |
| QLD | $88 | $91 | $0 | $233 | 0 | 0 |
| SA | $70 | $74 | $9 | $273 | 0 | 0 |
| VIC | $72 | $76 | $12 | $277 | 0 | 0 |
| TAS | $104 | $104 | $62 | $244 | 0 | 0 |
Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.
Demand
NSW
Peak
9,395MW
18:25
Trough
6,592MW
03:35
Energy
367.4GWh
QLD
Peak
7,793MW
17:55
Trough
5,272MW
10:50
Energy
301.2GWh
SA
Peak
1,734MW
18:30
Trough
586MW
13:00
Energy
61.7GWh
VIC
Peak
6,732MW
07:40
Trough
4,235MW
04:00
Energy
254.5GWh
TAS
Peak
1,338MW
17:55
Trough
912MW
04:10
Energy
53.8GWh
FCAS
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $8,064 | 0 | $16 | 14 May, 14:35 |
| LOWERREG | $1,669 | 0 | $6 | 14 May, 20:25 |
| RAISE60SEC | $315 | 0 | $0 | 14 May, 07:15 |
| RAISE6SEC | $273 | 0 | $0 | 14 May, 07:40 |
| LOWER60SEC | $130 | 0 | $1 | 14 May, 13:05 |
| RAISE5MIN | $71 | 0 | $0 | 14 May, 07:25 |
| LOWER5MIN | $41 | 0 | $0 | 14 May, 13:05 |
| LOWER6SEC | $40 | 0 | $0 | 14 May, 13:40 |
| Total | $10,602 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| LOWER6SEC | $12,128 | 0 | $8 | 14 May, 09:40 |
| LOWER60SEC | $12,101 | 0 | $9 | 14 May, 09:45 |
| RAISEREG | $8,798 | 0 | $16 | 14 May, 14:35 |
| LOWER5MIN | $2,878 | 0 | $2 | 14 May, 09:40 |
| LOWERREG | $2,682 | 0 | $6 | 14 May, 20:25 |
| RAISE6SEC | $443 | 0 | $0 | 14 May, 17:55 |
| RAISE60SEC | $269 | 0 | $0 | 14 May, 17:55 |
| RAISE5MIN | $75 | 0 | $0 | 14 May, 17:55 |
| Total | $39,374 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $20,733 | 0 | $16 | 14 May, 14:35 |
| LOWERREG | $3,684 | 0 | $6 | 14 May, 20:25 |
| RAISE60SEC | $572 | 0 | $0 | 14 May, 07:15 |
| RAISE6SEC | $474 | 0 | $0 | 14 May, 07:40 |
| LOWER60SEC | $288 | 0 | $1 | 14 May, 13:05 |
| RAISE5MIN | $146 | 0 | $0 | 14 May, 07:25 |
| LOWER5MIN | $64 | 0 | $0 | 14 May, 13:05 |
| LOWER6SEC | $49 | 0 | $0 | 14 May, 13:40 |
| Total | $26,009 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $6,328 | 0 | $16 | 14 May, 14:35 |
| LOWERREG | $3,088 | 0 | $6 | 14 May, 20:25 |
| RAISE6SEC | $176 | 0 | $0 | 14 May, 07:40 |
| RAISE60SEC | $161 | 0 | $0 | 14 May, 07:15 |
| LOWER60SEC | $133 | 0 | $1 | 14 May, 13:05 |
| LOWER5MIN | $36 | 0 | $0 | 14 May, 13:05 |
| LOWER6SEC | $36 | 0 | $0 | 14 May, 13:40 |
| RAISE5MIN | $28 | 0 | $0 | 14 May, 07:25 |
| Total | $9,987 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $14,506 | 0 | $86 | 14 May, 07:30 |
| LOWER6SEC | $7,924 | 0 | $3 | 14 May, 08:55 |
| LOWERREG | $4,241 | 0 | $4 | 14 May, 19:25 |
| RAISE6SEC | $3,301 | 0 | $43 | 14 May, 17:55 |
| RAISE60SEC | $2,414 | 0 | $15 | 14 May, 07:05 |
| LOWER60SEC | $1,679 | 0 | $1 | 14 May, 08:00 |
| RAISE5MIN | $257 | 0 | $0 | 14 May, 04:05 |
| LOWER5MIN | $130 | 0 | $0 | 14 May, 08:55 |
| Total | $34,451 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 1,115 MW at 17:30 as NSW spot hit $125/MWh.
Peak moment
Fleet discharged 1,232 MW at 17:30 as QLD spot hit $125/MWh.
Peak moment
Fleet discharged 859 MW at 18:00 as VIC spot hit $137/MWh.
Peak moment
Fleet discharged 386 MW at 18:30 as SA spot hit $126/MWh.
Peak moment
Fleet discharged 3,368 MW at 17:30 as TAS spot hit $107/MWh.
Discharged
4,089MWh
peak 1,115 MW · 17:30
Charged
4,498MWh
peak 836 MW
Net
-409MWh
discharge − charge
Round-trip
91%
discharge / charge ratio
Discharged
3,982MWh
peak 1,232 MW · 17:30
Charged
5,018MWh
peak 948 MW
Net
-1,037MWh
discharge − charge
Round-trip
79%
discharge / charge ratio
Discharged
3,001MWh
peak 859 MW · 18:00
Charged
3,442MWh
peak 652 MW
Net
-441MWh
discharge − charge
Round-trip
87%
discharge / charge ratio
Discharged
1,082MWh
peak 386 MW · 18:30
Charged
1,353MWh
peak 363 MW
Net
-271MWh
discharge − charge
Round-trip
80%
discharge / charge ratio
NEM-wide
Discharged
12,154MWh
peak 3,368 MW · 17:30
Charged
14,311MWh
peak 1,966 MW
Net
-2,158MWh
discharge − charge
Round-trip
85%
discharge / charge ratio
Fleet net dispatch · spot-price overlay · 30-min average
Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1NSW | 4,089MWh | -409 |
#2QLD | 3,982MWh | -1,037 |
#3VIC | 3,001MWh | -441 |
#4SA | 1,082MWh | -271 |
Generation Mix
- Coal61.4% · 124.0 GWh
- Gas0.9% · 1.9 GWh
- Hydro1.2% · 2.5 GWh
- Wind14.3% · 28.9 GWh
- Solar (utility)10.6% · 21.4 GWh
- Solar (rooftop)9.4% · 19.1 GWh
- Battery2.0% · 4.1 GWh
- Other0.1% · 0.1 GWh
- Coal55.2% · 100.2 GWh
- Gas4.9% · 8.8 GWh
- Hydro2.5% · 4.6 GWh
- Wind17.0% · 30.8 GWh
- Solar (utility)8.5% · 15.4 GWh
- Solar (rooftop)9.7% · 17.7 GWh
- Battery2.2% · 4.0 GWh
- Coal60.9% · 97.1 GWh
- Gas1.6% · 2.5 GWh
- Hydro7.7% · 12.2 GWh
- Wind16.1% · 25.8 GWh
- Solar (utility)4.0% · 6.3 GWh
- Solar (rooftop)7.9% · 12.6 GWh
- Battery1.9% · 3.0 GWh
- Gas17.0% · 6.8 GWh
- Wind56.8% · 22.6 GWh
- Solar (utility)5.9% · 2.3 GWh
- Solar (rooftop)17.6% · 7.0 GWh
- Battery2.7% · 1.1 GWh
- Gas0.6% · 0.2 GWh
- Hydro84.9% · 25.2 GWh
- Wind12.5% · 3.7 GWh
- Solar (rooftop)2.0% · 0.6 GWh
Renewables
NSW · Daily renewable share
29.4%
VIC · Daily renewable share
34.2%
QLD · Daily renewable share
34.3%
SA · Daily renewable share
78.8%
TAS · Daily renewable share
98.2%
Peak instantaneous
54.5%
at 09:50
Daily NEM-wide share
38.7%
By region (daily share)
- NSW 29.4%
- VIC 34.2%
- QLD 34.3%
- SA 78.8%
- TAS 98.2%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +2.9 GWh | 23 | — |
| NSW1-QLD1 | −18.2 GWh | 20 | — |
| VIC1-NSW1 | +18.4 GWh | 20 | — |
| V-SA | +1.2 GWh | 26 | — |
| T-V-MNSP1 | −1.4 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
321.7k tCO₂
▲ 11.0% vs same day last week
Intensity by region
| NSW | 110.9k tCO₂ | 0.552 tCO₂/MWh |
| QLD | 92.0k tCO₂ | 0.511 tCO₂/MWh |
| SA | 3.4k tCO₂ | 0.087 tCO₂/MWh |
| VIC | 115.2k tCO₂ | 0.730 tCO₂/MWh |
| TAS | 122 tCO₂ | 0.004 tCO₂/MWh |