NEM
NEM Daily analysis

Sunday 17 May 2026

Trading day 2026-05-17

Prices

Trading day · 04:00 → 04:00 AEST · 30-min average

NSW VIC QLD SA TAS
$0 $58 $115 $173 $230 $0 $50 $100 $150 $200 $0 $55 $110 $165 $220 $0 $50 $100 $150 $200 $0 $50 $100 $150 $200 04:00 10:00 16:00 22:00 04:00
Region Avg VWAP Min Max Neg Cap
NSW $145 $147 $77 $290 0 0
QLD $115 $120 $40 $232 0 0
SA $138 $142 $99 $227 0 0
VIC $141 $142 $97 $244 0 0
TAS $110 $110 $96 $350 0 0

Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.

Demand

NSW
Peak
8,972MW
17:45
Trough
6,170MW
05:00
Energy
348.4GWh
QLD
Peak
7,527MW
17:50
Trough
4,168MW
10:45
Energy
280.2GWh
SA
Peak
1,624MW
18:25
Trough
588MW
13:20
Energy
55.8GWh
VIC
Peak
6,391MW
18:00
Trough
4,073MW
04:35
Energy
243.7GWh
TAS
Peak
1,321MW
18:05
Trough
869MW
05:50
Energy
53.6GWh

FCAS

ServiceCostSpikesPeakWhen
RAISEREG$15,5540$2717 May, 11:55
LOWERREG$5680$1417 May, 23:35
RAISE60SEC$3980$017 May, 17:40
RAISE6SEC$3300$017 May, 17:40
RAISE5MIN$770$017 May, 19:35
LOWER60SEC$40$018 May, 04:00
LOWER6SEC$30$018 May, 03:10
LOWER5MIN$20$017 May, 12:50
Total$16,936

Cost = NSW RRP × cleared MW per 5-min interval.

ServiceCostSpikesPeakWhen
RAISEREG$25,0290$2717 May, 11:55
LOWER6SEC$19,9940$617 May, 12:35
LOWER60SEC$18,1350$617 May, 17:25
LOWERREG$3,9390$1417 May, 23:35
LOWER5MIN$1,6910$117 May, 11:50
RAISE6SEC$3190$017 May, 17:05
RAISE60SEC$1210$017 May, 17:05
RAISE5MIN$710$017 May, 06:55
Total$69,300

Cost = QLD RRP × cleared MW per 5-min interval.

ServiceCostSpikesPeakWhen
RAISEREG$29,3880$2717 May, 11:55
LOWERREG$2,5540$1417 May, 23:35
RAISE60SEC$8520$017 May, 17:40
RAISE6SEC$7370$017 May, 17:40
RAISE5MIN$1620$017 May, 19:35
LOWER60SEC$120$018 May, 04:00
LOWER6SEC$40$018 May, 03:10
LOWER5MIN$30$017 May, 12:50
Total$33,712

Cost = VIC RRP × cleared MW per 5-min interval.

ServiceCostSpikesPeakWhen
RAISEREG$19,5000$2717 May, 11:55
LOWERREG$5,1680$1417 May, 23:35
RAISE6SEC$2730$017 May, 17:40
RAISE60SEC$2720$017 May, 17:40
RAISE5MIN$510$017 May, 19:35
LOWER60SEC$90$018 May, 04:00
LOWER6SEC$60$018 May, 03:10
LOWER5MIN$40$017 May, 12:50
Total$25,283

Cost = SA RRP × cleared MW per 5-min interval.

ServiceCostSpikesPeakWhen
RAISEREG$19,5010$24317 May, 14:20
RAISE6SEC$11,1550$4717 May, 14:25
LOWER6SEC$10,8150$317 May, 04:05
RAISE60SEC$10,5330$23717 May, 14:20
LOWERREG$3,8450$317 May, 04:15
LOWER60SEC$1,9340$117 May, 04:35
LOWER5MIN$3200$017 May, 04:05
RAISE5MIN$2950$017 May, 04:10
Total$58,399

Cost = TAS RRP × cleared MW per 5-min interval.

Battery dispatch

Peak moment

Fleet discharged 631 MW at 18:00 as NSW spot hit $218/MWh.

Peak moment

Fleet discharged 981 MW at 18:00 as QLD spot hit $202/MWh.

Peak moment

Fleet discharged 659 MW at 18:00 as VIC spot hit $190/MWh.

Peak moment

Fleet discharged 156 MW at 19:00 as SA spot hit $160/MWh.

Peak moment

Fleet discharged 2,421 MW at 18:00 as TAS spot hit $140/MWh.

Discharged
1,529MWh
peak 631 MW · 18:00
Charged
2,190MWh
peak 663 MW
Net
-661MWh
discharge − charge
Round-trip
70%
discharge / charge ratio
Discharged
3,151MWh
peak 981 MW · 18:00
Charged
4,701MWh
peak 1,018 MW
Net
-1,550MWh
discharge − charge
Round-trip
67%
discharge / charge ratio
Discharged
2,458MWh
peak 659 MW · 18:00
Charged
3,836MWh
peak 547 MW
Net
-1,378MWh
discharge − charge
Round-trip
64%
discharge / charge ratio
Discharged
838MWh
peak 156 MW · 19:00
Charged
1,441MWh
peak 323 MW
Net
-604MWh
discharge − charge
Round-trip
58%
discharge / charge ratio
NEM-wide
Discharged
7,976MWh
peak 2,421 MW · 18:00
Charged
12,169MWh
peak 1,534 MW
Net
-4,192MWh
discharge − charge
Round-trip
66%
discharge / charge ratio

Fleet net dispatch · spot-price overlay · 30-min average

Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
-2.0 GW-1.0 GW0 MW1.0 GW2.0 GW3.0 GW$0$100$200$30023:3006:3713:4520:5204:00

Regional dispatch ranking

RegionDischargedNet
#1QLD
3,151MWh
-1,550
#2VIC
2,458MWh
-1,378
#3NSW
1,529MWh
-661
#4SA
838MWh
-604

Generation Mix

TOP FUEL 77.1%
  • Coal77.1% · 142.0 GWh
  • Gas0.9% · 1.7 GWh
  • Hydro5.3% · 9.8 GWh
  • Wind4.9% · 9.0 GWh
  • Solar (utility)4.1% · 7.6 GWh
  • Solar (rooftop)6.8% · 12.5 GWh
  • Battery0.8% · 1.5 GWh
TOP FUEL 56.2%
  • Coal56.2% · 102.9 GWh
  • Gas7.9% · 14.4 GWh
  • Hydro2.5% · 4.6 GWh
  • Wind11.1% · 20.3 GWh
  • Solar (utility)9.7% · 17.8 GWh
  • Solar (rooftop)10.8% · 19.8 GWh
  • Battery1.7% · 3.2 GWh
TOP FUEL 71.2%
  • Coal71.2% · 93.4 GWh
  • Gas5.3% · 6.9 GWh
  • Hydro13.3% · 17.4 GWh
  • Wind3.5% · 4.5 GWh
  • Solar (utility)1.6% · 2.1 GWh
  • Solar (rooftop)3.3% · 4.3 GWh
  • Battery1.9% · 2.5 GWh
TOP FUEL 62.5%
  • Gas62.5% · 21.1 GWh
  • Wind10.9% · 3.7 GWh
  • Solar (utility)6.0% · 2.0 GWh
  • Solar (rooftop)18.0% · 6.1 GWh
  • Battery2.5% · 0.8 GWh
TOP FUEL 90.8%
  • Gas3.0% · 0.9 GWh
  • Hydro90.8% · 27.5 GWh
  • Wind5.5% · 1.7 GWh
  • Solar (rooftop)0.7% · 0.2 GWh
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:008.7 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:009.2 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:007.4 GW 0
gasbattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:002.0 GW 0
gashydrowindsolar rooftop
23:3005:3711:4517:5200:001.6 GW 0

Renewables

NSW · Daily renewable share
15.0%
VIC · Daily renewable share
20.7%
QLD · Daily renewable share
30.7%
SA · Daily renewable share
22.1%
TAS · Daily renewable share
102.9%
Peak instantaneous
33.5%
at 09:50
Daily NEM-wide share
26.1%
By region (daily share)
  • NSW
    15.0%
  • VIC
    20.7%
  • QLD
    30.7%
  • SA
    22.1%
  • TAS
    102.9%

Interconnectors

Region (proxy) Net flow Direction changes Hours at limit
N-Q-MNSP1 +26.4 GWh 0
NSW1-QLD1 −27.0 GWh 1
VIC1-NSW1 +2.6 GWh 22
V-SA −2.7 GWh 24
T-V-MNSP1 +3.3 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
346.4k tCO₂
▲ 4.6% vs same day last week
Intensity by region
NSW 126.5k tCO₂ 0.697 tCO₂/MWh
QLD 96.4k tCO₂ 0.531 tCO₂/MWh
SA 10.2k tCO₂ 0.303 tCO₂/MWh
VIC 112.7k tCO₂ 0.862 tCO₂/MWh
TAS 592 tCO₂ 0.020 tCO₂/MWh