NEM
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NEM
Daily analysis
Friday 15 May 2026
Trading day 2026-05-15
Prices
Trading day · 04:00 → 04:00 AEST · 30-min average
NSW VIC QLD SA TAS
| Region | Avg | VWAP | Min | Max | Neg | Cap |
|---|---|---|---|---|---|---|
| NSW | $59 | $60 | $10 | $100 | 0 | 0 |
| QLD | $58 | $61 | -$2 | $102 | 0 | 0 |
| SA | $42 | $43 | -$5 | $113 | 3 | 0 |
| VIC | $34 | $37 | -$27 | $91 | 11 | 0 |
| TAS | $93 | $93 | $60 | $139 | 0 | 0 |
Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.
Demand
NSW
Peak
9,112MW
17:55
Trough
6,292MW
04:00
Energy
365.4GWh
QLD
Peak
7,513MW
17:50
Trough
4,605MW
10:35
Energy
288.6GWh
SA
Peak
1,798MW
18:10
Trough
1,226MW
04:00
Energy
73.0GWh
VIC
Peak
6,406MW
07:45
Trough
3,733MW
12:55
Energy
236.2GWh
TAS
Peak
1,301MW
07:55
Trough
908MW
02:40
Energy
51.3GWh
FCAS
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $6,638 | 0 | $15 | 15 May, 16:10 |
| LOWERREG | $1,751 | 0 | $16 | 15 May, 14:30 |
| RAISE6SEC | $233 | 0 | $0 | 15 May, 07:15 |
| RAISE60SEC | $221 | 0 | $0 | 15 May, 07:15 |
| LOWER60SEC | $190 | 0 | $1 | 15 May, 14:40 |
| LOWER5MIN | $111 | 0 | $0 | 15 May, 15:00 |
| LOWER6SEC | $96 | 0 | $1 | 15 May, 15:00 |
| RAISE5MIN | $67 | 0 | $0 | 15 May, 09:30 |
| Total | $9,306 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| LOWER60SEC | $22,384 | 0 | $11 | 15 May, 09:35 |
| LOWER6SEC | $20,886 | 0 | $9 | 15 May, 10:45 |
| LOWER5MIN | $7,805 | 0 | $6 | 15 May, 09:05 |
| RAISEREG | $5,703 | 0 | $15 | 15 May, 16:10 |
| LOWERREG | $2,881 | 0 | $16 | 15 May, 14:30 |
| RAISE6SEC | $375 | 0 | $0 | 15 May, 17:00 |
| RAISE60SEC | $291 | 0 | $0 | 15 May, 17:10 |
| RAISE5MIN | $83 | 0 | $0 | 15 May, 19:35 |
| Total | $60,408 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $12,995 | 0 | $15 | 15 May, 16:10 |
| LOWERREG | $4,546 | 0 | $16 | 15 May, 14:30 |
| RAISE60SEC | $385 | 0 | $0 | 15 May, 07:15 |
| RAISE6SEC | $301 | 0 | $0 | 15 May, 07:15 |
| LOWER60SEC | $203 | 0 | $1 | 15 May, 14:40 |
| RAISE5MIN | $116 | 0 | $0 | 15 May, 09:30 |
| LOWER6SEC | $53 | 0 | $1 | 15 May, 15:00 |
| LOWER5MIN | $30 | 0 | $0 | 15 May, 15:00 |
| Total | $18,629 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| LOWERREG | $4,479 | 0 | $16 | 15 May, 14:30 |
| RAISEREG | $3,519 | 0 | $15 | 15 May, 16:10 |
| RAISE6SEC | $158 | 0 | $0 | 15 May, 07:15 |
| RAISE60SEC | $134 | 0 | $0 | 15 May, 07:15 |
| LOWER60SEC | $110 | 0 | $1 | 15 May, 14:40 |
| LOWER6SEC | $46 | 0 | $1 | 15 May, 15:00 |
| LOWER5MIN | $37 | 0 | $0 | 15 May, 15:00 |
| RAISE5MIN | $36 | 0 | $0 | 15 May, 09:30 |
| Total | $8,520 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $10,967 | 0 | $9 | 16 May, 00:35 |
| LOWER6SEC | $4,311 | 0 | $3 | 15 May, 16:35 |
| LOWERREG | $3,826 | 0 | $4 | 15 May, 08:50 |
| RAISE6SEC | $3,204 | 0 | $5 | 15 May, 07:55 |
| RAISE60SEC | $1,634 | 0 | $3 | 15 May, 06:35 |
| LOWER60SEC | $1,195 | 0 | $1 | 15 May, 14:40 |
| RAISE5MIN | $212 | 0 | $0 | 15 May, 04:15 |
| LOWER5MIN | $98 | 0 | $0 | 15 May, 15:00 |
| Total | $25,447 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 770 MW at 18:00 as NSW spot hit $77/MWh.
Peak moment
Fleet discharged 955 MW at 18:00 as QLD spot hit $91/MWh.
Peak moment
Fleet discharged 851 MW at 18:00 as VIC spot hit $67/MWh.
Peak moment
Fleet discharged 293 MW at 18:30 as SA spot hit $59/MWh.
Peak moment
Fleet discharged 2,830 MW at 18:00 as TAS spot hit $106/MWh.
Discharged
3,741MWh
peak 770 MW · 18:00
Charged
6,251MWh
peak 1,130 MW
Net
-2,510MWh
discharge − charge
Round-trip
60%
discharge / charge ratio
Discharged
4,306MWh
peak 955 MW · 18:00
Charged
5,884MWh
peak 1,089 MW
Net
-1,579MWh
discharge − charge
Round-trip
73%
discharge / charge ratio
Discharged
3,929MWh
peak 851 MW · 18:00
Charged
4,734MWh
peak 988 MW
Net
-805MWh
discharge − charge
Round-trip
83%
discharge / charge ratio
Discharged
1,461MWh
peak 293 MW · 18:30
Charged
1,867MWh
peak 408 MW
Net
-406MWh
discharge − charge
Round-trip
78%
discharge / charge ratio
NEM-wide
Discharged
13,437MWh
peak 2,830 MW · 18:00
Charged
18,736MWh
peak 2,789 MW
Net
-5,299MWh
discharge − charge
Round-trip
72%
discharge / charge ratio
Fleet net dispatch · spot-price overlay · 30-min average
Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1QLD | 4,306MWh | -1,579 |
#2VIC | 3,929MWh | -805 |
#3NSW | 3,741MWh | -2,510 |
#4SA | 1,461MWh | -406 |
Generation Mix
- Coal62.7% · 123.8 GWh
- Gas0.5% · 1.1 GWh
- Hydro3.7% · 7.2 GWh
- Wind10.2% · 20.2 GWh
- Solar (utility)11.7% · 23.0 GWh
- Solar (rooftop)9.4% · 18.5 GWh
- Battery1.9% · 3.7 GWh
- Coal52.8% · 97.4 GWh
- Gas3.7% · 6.8 GWh
- Hydro3.0% · 5.6 GWh
- Wind15.2% · 28.1 GWh
- Solar (utility)10.5% · 19.4 GWh
- Solar (rooftop)12.4% · 22.8 GWh
- Battery2.3% · 4.3 GWh
- Coal49.8% · 78.6 GWh
- Gas0.2% · 0.4 GWh
- Hydro2.7% · 4.3 GWh
- Wind32.4% · 51.2 GWh
- Solar (utility)3.3% · 5.2 GWh
- Solar (rooftop)9.1% · 14.3 GWh
- Battery2.5% · 3.9 GWh
- Gas3.9% · 1.9 GWh
- Wind86.2% · 40.8 GWh
- Solar (utility)2.0% · 1.0 GWh
- Solar (rooftop)4.8% · 2.3 GWh
- Battery3.1% · 1.5 GWh
- Hydro76.9% · 20.0 GWh
- Wind20.0% · 5.2 GWh
- Solar (rooftop)3.1% · 0.8 GWh
Renewables
NSW · Daily renewable share
27.7%
VIC · Daily renewable share
48.6%
QLD · Daily renewable share
37.0%
SA · Daily renewable share
109.6%
TAS · Daily renewable share
88.5%
Peak instantaneous
57.9%
at 11:20
Daily NEM-wide share
44.3%
By region (daily share)
- NSW 27.7%
- VIC 48.6%
- QLD 37.0%
- SA 109.6%
- TAS 88.5%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +7.6 GWh | 26 | — |
| NSW1-QLD1 | −30.8 GWh | 8 | — |
| VIC1-NSW1 | +28.4 GWh | 12 | — |
| V-SA | +6.6 GWh | 21 | — |
| T-V-MNSP1 | −7.4 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
291.8k tCO₂
▲ 2.2% vs same day last week
Intensity by region
| NSW | 109.9k tCO₂ | 0.561 tCO₂/MWh |
| QLD | 88.6k tCO₂ | 0.485 tCO₂/MWh |
| SA | 1.1k tCO₂ | 0.022 tCO₂/MWh |
| VIC | 92.3k tCO₂ | 0.588 tCO₂/MWh |
| TAS | 0 tCO₂ | 0.000 tCO₂/MWh |