NEM
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NEM
Daily analysis
Saturday 16 May 2026
Trading day 2026-05-16
Prices
Trading day · 04:00 → 04:00 AEST · 30-min average
NSW VIC QLD SA TAS
| Region | Avg | VWAP | Min | Max | Neg | Cap |
|---|---|---|---|---|---|---|
| NSW | $73 | $75 | $24 | $120 | 0 | 0 |
| QLD | $73 | $76 | $21 | $123 | 0 | 0 |
| SA | $87 | $92 | -$4 | $189 | 0 | 0 |
| VIC | $60 | $65 | -$12 | $175 | 20 | 0 |
| TAS | $95 | $95 | $72 | $145 | 0 | 0 |
Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.
Demand
NSW
Peak
8,508MW
17:45
Trough
5,836MW
12:10
Energy
336.4GWh
QLD
Peak
7,304MW
17:50
Trough
4,360MW
10:50
Energy
278.8GWh
SA
Peak
1,628MW
18:20
Trough
827MW
15:15
Energy
62.3GWh
VIC
Peak
5,615MW
18:05
Trough
3,359MW
14:15
Energy
215.8GWh
TAS
Peak
1,169MW
18:15
Trough
928MW
04:35
Energy
49.5GWh
FCAS
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $5,234 | 0 | $14 | 16 May, 16:45 |
| LOWERREG | $836 | 0 | $5 | 16 May, 15:05 |
| RAISE6SEC | $146 | 0 | $0 | 16 May, 22:00 |
| RAISE60SEC | $138 | 0 | $0 | 17 May, 00:40 |
| LOWER60SEC | $90 | 0 | $0 | 16 May, 15:40 |
| LOWER5MIN | $68 | 0 | $0 | 16 May, 15:05 |
| RAISE5MIN | $45 | 0 | $0 | 16 May, 17:30 |
| LOWER6SEC | $27 | 0 | $0 | 16 May, 15:40 |
| Total | $6,583 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $9,665 | 0 | $14 | 16 May, 16:45 |
| LOWER6SEC | $5,888 | 0 | $2 | 16 May, 23:10 |
| LOWER60SEC | $5,033 | 0 | $2 | 16 May, 20:20 |
| LOWERREG | $2,920 | 0 | $5 | 16 May, 15:05 |
| RAISE6SEC | $375 | 0 | $0 | 16 May, 17:10 |
| LOWER5MIN | $296 | 0 | $0 | 16 May, 15:00 |
| RAISE60SEC | $231 | 0 | $0 | 16 May, 17:15 |
| RAISE5MIN | $79 | 0 | $0 | 16 May, 17:30 |
| Total | $24,486 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $15,033 | 0 | $14 | 16 May, 16:45 |
| LOWERREG | $4,799 | 0 | $5 | 16 May, 15:05 |
| RAISE60SEC | $355 | 0 | $0 | 17 May, 00:40 |
| RAISE6SEC | $327 | 0 | $0 | 16 May, 22:00 |
| LOWER60SEC | $131 | 0 | $0 | 16 May, 15:40 |
| RAISE5MIN | $107 | 0 | $0 | 16 May, 17:30 |
| LOWER5MIN | $19 | 0 | $0 | 16 May, 15:05 |
| LOWER6SEC | $16 | 0 | $0 | 16 May, 15:40 |
| Total | $20,786 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISE60SEC | $11,782 | 0 | $25 | 16 May, 11:15 |
| RAISE6SEC | $8,092 | 0 | $20 | 16 May, 07:25 |
| RAISE5MIN | $5,113 | 0 | $6 | 16 May, 07:20 |
| RAISEREG | $5,097 | 0 | $14 | 16 May, 16:45 |
| LOWERREG | $2,766 | 0 | $5 | 16 May, 15:05 |
| LOWER60SEC | $69 | 0 | $0 | 16 May, 15:40 |
| LOWER5MIN | $32 | 0 | $0 | 16 May, 15:05 |
| LOWER6SEC | $20 | 0 | $0 | 16 May, 15:40 |
| Total | $32,970 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $11,023 | 0 | $13 | 16 May, 20:50 |
| LOWER6SEC | $7,484 | 0 | $3 | 16 May, 04:35 |
| LOWERREG | $4,165 | 0 | $4 | 16 May, 16:00 |
| RAISE6SEC | $1,904 | 0 | $10 | 16 May, 15:45 |
| RAISE60SEC | $1,586 | 0 | $8 | 16 May, 20:50 |
| LOWER60SEC | $1,493 | 0 | $1 | 16 May, 04:35 |
| LOWER5MIN | $200 | 0 | $0 | 16 May, 04:15 |
| RAISE5MIN | $161 | 0 | $0 | 16 May, 04:40 |
| Total | $28,016 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 761 MW at 18:00 as NSW spot hit $101/MWh.
Peak moment
Fleet discharged 1,310 MW at 17:30 as QLD spot hit $116/MWh.
Peak moment
Fleet discharged 571 MW at 17:30 as VIC spot hit $101/MWh.
Peak moment
Fleet discharged 285 MW at 19:00 as SA spot hit $114/MWh.
Peak moment
Fleet discharged 2,838 MW at 18:00 as TAS spot hit $96/MWh.
Discharged
2,625MWh
peak 761 MW · 18:00
Charged
4,051MWh
peak 883 MW
Net
-1,426MWh
discharge − charge
Round-trip
65%
discharge / charge ratio
Discharged
4,342MWh
peak 1,310 MW · 17:30
Charged
4,339MWh
peak 830 MW
Net
+4MWh
discharge − charge
Round-trip
100%
discharge / charge ratio
Discharged
1,843MWh
peak 571 MW · 17:30
Charged
3,651MWh
peak 589 MW
Net
-1,809MWh
discharge − charge
Round-trip
50%
discharge / charge ratio
Discharged
1,038MWh
peak 285 MW · 19:00
Charged
1,769MWh
peak 315 MW
Net
-731MWh
discharge − charge
Round-trip
59%
discharge / charge ratio
NEM-wide
Discharged
9,848MWh
peak 2,838 MW · 18:00
Charged
13,809MWh
peak 2,410 MW
Net
-3,962MWh
discharge − charge
Round-trip
71%
discharge / charge ratio
Fleet net dispatch · spot-price overlay · 30-min average
Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1QLD | 4,342MWh | +4 |
#2NSW | 2,625MWh | -1,426 |
#3VIC | 1,843MWh | -1,809 |
#4SA | 1,038MWh | -731 |
Generation Mix
- Coal62.5% · 116.9 GWh
- Gas0.6% · 1.1 GWh
- Hydro4.7% · 8.8 GWh
- Wind9.7% · 18.1 GWh
- Solar (utility)11.1% · 20.8 GWh
- Solar (rooftop)10.0% · 18.8 GWh
- Battery1.4% · 2.6 GWh
- Coal53.9% · 93.9 GWh
- Gas4.3% · 7.6 GWh
- Hydro3.3% · 5.7 GWh
- Wind14.5% · 25.2 GWh
- Solar (utility)10.0% · 17.4 GWh
- Solar (rooftop)11.6% · 20.2 GWh
- Battery2.5% · 4.3 GWh
- Coal49.8% · 75.5 GWh
- Gas0.2% · 0.3 GWh
- Hydro2.8% · 4.3 GWh
- Wind36.4% · 55.2 GWh
- Solar (utility)2.0% · 3.0 GWh
- Solar (rooftop)7.6% · 11.6 GWh
- Battery1.2% · 1.8 GWh
- Gas24.7% · 7.0 GWh
- Wind53.0% · 15.0 GWh
- Solar (utility)4.1% · 1.2 GWh
- Solar (rooftop)14.5% · 4.1 GWh
- Battery3.7% · 1.0 GWh
- Hydro74.7% · 18.4 GWh
- Wind22.8% · 5.6 GWh
- Solar (rooftop)2.5% · 0.6 GWh
Renewables
NSW · Daily renewable share
28.0%
VIC · Daily renewable share
53.5%
QLD · Daily renewable share
35.4%
SA · Daily renewable share
50.2%
TAS · Daily renewable share
88.3%
Peak instantaneous
57.9%
at 09:55
Daily NEM-wide share
41.3%
By region (daily share)
- NSW 28.0%
- VIC 53.5%
- QLD 35.4%
- SA 50.2%
- TAS 88.3%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +7.0 GWh | 30 | — |
| NSW1-QLD1 | −7.7 GWh | 21 | — |
| VIC1-NSW1 | +29.0 GWh | 19 | — |
| V-SA | −22.0 GWh | 0 | — |
| T-V-MNSP1 | −3.5 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
281.1k tCO₂
▼ 14.3% vs same day last week
Intensity by region
| NSW | 104.0k tCO₂ | 0.563 tCO₂/MWh |
| QLD | 85.4k tCO₂ | 0.494 tCO₂/MWh |
| SA | 3.4k tCO₂ | 0.122 tCO₂/MWh |
| VIC | 88.3k tCO₂ | 0.592 tCO₂/MWh |
| TAS | 0 tCO₂ | 0.000 tCO₂/MWh |