NEM
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NEM
Daily analysis
Tuesday 19 May 2026
Trading day 2026-05-19
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 | $80 | $56 | $131 | 0 | 0 |
| QLD | $96 | $96 | $59 | $232 | 0 | 0 |
| SA | $57 | $60 | -$46 | $120 | 2 | 0 |
| VIC | $56 | $57 | -$12 | $114 | 3 | 0 |
| TAS | $97 | $97 | $63 | $150 | 0 | 0 |
Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.
Demand
NSW
Peak
9,840MW
17:55
Trough
6,537MW
03:55
Energy
387.7GWh
QLD
Peak
7,922MW
17:50
Trough
5,463MW
03:45
Energy
320.5GWh
SA
Peak
1,842MW
18:25
Trough
835MW
12:45
Energy
66.2GWh
VIC
Peak
7,178MW
18:05
Trough
4,362MW
04:10
Energy
270.7GWh
TAS
Peak
1,266MW
07:40
Trough
895MW
00:35
Energy
50.0GWh
FCAS
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $12,463 | 0 | $20 | 19 May, 04:15 |
| LOWERREG | $1,771 | 0 | $9 | 19 May, 07:05 |
| RAISE6SEC | $208 | 0 | $0 | 19 May, 06:55 |
| RAISE60SEC | $153 | 0 | $0 | 19 May, 16:40 |
| LOWER60SEC | $119 | 0 | $0 | 19 May, 13:35 |
| RAISE5MIN | $62 | 0 | $0 | 19 May, 06:10 |
| LOWER5MIN | $45 | 0 | $0 | 19 May, 14:50 |
| LOWER6SEC | $21 | 0 | $0 | 19 May, 13:55 |
| Total | $14,843 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $12,434 | 0 | $20 | 19 May, 04:15 |
| LOWERREG | $4,499 | 0 | $9 | 19 May, 07:05 |
| LOWER60SEC | $708 | 0 | $1 | 19 May, 23:10 |
| RAISE6SEC | $673 | 0 | $0 | 19 May, 06:55 |
| RAISE60SEC | $390 | 0 | $0 | 19 May, 16:40 |
| LOWER6SEC | $351 | 0 | $1 | 19 May, 05:45 |
| LOWER5MIN | $118 | 0 | $0 | 19 May, 14:50 |
| RAISE5MIN | $103 | 0 | $0 | 19 May, 06:10 |
| Total | $19,275 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $13,925 | 0 | $20 | 19 May, 04:15 |
| LOWERREG | $7,805 | 0 | $9 | 19 May, 07:05 |
| RAISE6SEC | $432 | 0 | $0 | 19 May, 06:55 |
| RAISE60SEC | $428 | 0 | $0 | 19 May, 16:40 |
| RAISE5MIN | $143 | 0 | $0 | 19 May, 06:10 |
| LOWER60SEC | $109 | 0 | $0 | 19 May, 13:35 |
| LOWER5MIN | $26 | 0 | $0 | 19 May, 14:50 |
| LOWER6SEC | $18 | 0 | $0 | 19 May, 13:55 |
| Total | $22,887 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $6,485 | 0 | $20 | 19 May, 04:15 |
| LOWERREG | $4,819 | 0 | $9 | 19 May, 07:05 |
| RAISE6SEC | $215 | 0 | $0 | 19 May, 06:55 |
| RAISE60SEC | $149 | 0 | $0 | 19 May, 16:40 |
| LOWER60SEC | $115 | 0 | $0 | 19 May, 13:35 |
| RAISE5MIN | $48 | 0 | $0 | 19 May, 06:10 |
| LOWER5MIN | $21 | 0 | $0 | 19 May, 14:50 |
| LOWER6SEC | $17 | 0 | $0 | 19 May, 13:55 |
| Total | $11,870 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $13,304 | 0 | $44 | 19 May, 16:15 |
| RAISE6SEC | $11,162 | 0 | $36 | 19 May, 17:10 |
| LOWER6SEC | $5,825 | 0 | $3 | 19 May, 04:05 |
| LOWERREG | $4,085 | 0 | $3 | 19 May, 09:55 |
| RAISE60SEC | $1,792 | 0 | $0 | 19 May, 04:05 |
| LOWER60SEC | $1,763 | 0 | $3 | 19 May, 06:05 |
| RAISE5MIN | $248 | 0 | $0 | 19 May, 04:05 |
| LOWER5MIN | $60 | 0 | $0 | 19 May, 04:05 |
| Total | $38,240 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 626 MW at 18:30 as NSW spot hit $81/MWh.
Peak moment
Fleet discharged 522 MW at 07:30 as QLD spot hit $174/MWh.
Peak moment
Fleet discharged 646 MW at 08:30 as VIC spot hit $78/MWh.
Peak moment
Fleet discharged 335 MW at 08:00 as SA spot hit $84/MWh.
Peak moment
Fleet discharged 1,444 MW at 08:00 as TAS spot hit $96/MWh.
Discharged
3,319MWh
peak 626 MW · 18:30
Charged
3,477MWh
peak 759 MW
Net
-158MWh
discharge − charge
Round-trip
95%
discharge / charge ratio
Discharged
2,250MWh
peak 522 MW · 07:30
Charged
3,871MWh
peak 432 MW
Net
-1,621MWh
discharge − charge
Round-trip
58%
discharge / charge ratio
Discharged
3,887MWh
peak 646 MW · 08:30
Charged
4,459MWh
peak 1,276 MW
Net
-572MWh
discharge − charge
Round-trip
87%
discharge / charge ratio
Discharged
1,148MWh
peak 335 MW · 08:00
Charged
2,276MWh
peak 679 MW
Net
-1,129MWh
discharge − charge
Round-trip
50%
discharge / charge ratio
NEM-wide
Discharged
10,603MWh
peak 1,444 MW · 08:00
Charged
14,083MWh
peak 2,785 MW
Net
-3,480MWh
discharge − charge
Round-trip
75%
discharge / charge ratio
Fleet net dispatch · spot-price overlay · 30-min average
Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1VIC | 3,887MWh | -572 |
#2NSW | 3,319MWh | -158 |
#3QLD | 2,250MWh | -1,621 |
#4SA | 1,148MWh | -1,129 |
Generation Mix
- Coal70.6% · 142.9 GWh
- Gas0.6% · 1.1 GWh
- Hydro4.5% · 9.1 GWh
- Wind10.5% · 21.2 GWh
- Solar (utility)6.5% · 13.2 GWh
- Solar (rooftop)5.7% · 11.5 GWh
- Battery1.6% · 3.3 GWh
- Coal60.5% · 108.7 GWh
- Gas13.5% · 24.2 GWh
- Hydro1.8% · 3.2 GWh
- Wind13.7% · 24.6 GWh
- Solar (utility)4.3% · 7.8 GWh
- Solar (rooftop)5.0% · 9.0 GWh
- Battery1.3% · 2.2 GWh
- Coal59.3% · 98.2 GWh
- Gas3.1% · 5.1 GWh
- Hydro5.3% · 8.7 GWh
- Wind22.0% · 36.4 GWh
- Solar (utility)3.3% · 5.4 GWh
- Solar (rooftop)4.8% · 7.9 GWh
- Battery2.3% · 3.9 GWh
- Gas17.6% · 7.6 GWh
- Wind62.1% · 26.8 GWh
- Solar (utility)3.7% · 1.6 GWh
- Solar (rooftop)14.0% · 6.1 GWh
- Battery2.7% · 1.1 GWh
- Gas1.4% · 0.4 GWh
- Hydro83.3% · 22.9 GWh
- Wind12.3% · 3.4 GWh
- Solar (rooftop)3.0% · 0.8 GWh
Renewables
NSW · Daily renewable share
23.1%
VIC · Daily renewable share
37.1%
QLD · Daily renewable share
22.5%
SA · Daily renewable share
82.8%
TAS · Daily renewable share
95.4%
Peak instantaneous
45.3%
at 14:20
Daily NEM-wide share
33.0%
By region (daily share)
- NSW 23.1%
- VIC 37.1%
- QLD 22.5%
- SA 82.8%
- TAS 95.4%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +2.3 GWh | 32 | — |
| NSW1-QLD1 | −27.7 GWh | 14 | — |
| VIC1-NSW1 | +29.8 GWh | 8 | — |
| V-SA | +658 MWh | 15 | — |
| T-V-MNSP1 | −1.7 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
353.5k tCO₂
▲ 6.9% vs same day last week
Intensity by region
| NSW | 126.9k tCO₂ | 0.633 tCO₂/MWh |
| QLD | 106.2k tCO₂ | 0.598 tCO₂/MWh |
| SA | 3.2k tCO₂ | 0.075 tCO₂/MWh |
| VIC | 116.9k tCO₂ | 0.706 tCO₂/MWh |
| TAS | 240 tCO₂ | 0.009 tCO₂/MWh |