NEM
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NEM
Daily analysis
Sunday 24 May 2026
Trading day 2026-05-24
Prices
Trading day · 04:00 → 04:00 AEST · 30-min average
NSW VIC QLD SA TAS
| Region | Avg | VWAP | Min | Max | Neg | Cap |
|---|---|---|---|---|---|---|
| NSW | $91 | $92 | $47 | $143 | 0 | 0 |
| QLD | $85 | $88 | $40 | $137 | 0 | 0 |
| SA | $89 | $92 | $27 | $198 | 0 | 0 |
| VIC | $85 | $87 | $36 | $146 | 0 | 0 |
| TAS | $100 | $100 | $87 | $141 | 0 | 0 |
Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.
Demand
NSW
Peak
9,243MW
17:55
Trough
6,289MW
04:15
Energy
354.3GWh
QLD
Peak
7,244MW
17:50
Trough
4,298MW
11:20
Energy
267.2GWh
SA
Peak
1,928MW
18:35
Trough
1,210MW
05:45
Energy
72.1GWh
VIC
Peak
6,709MW
18:00
Trough
4,250MW
04:05
Energy
256.2GWh
TAS
Peak
1,347MW
17:55
Trough
934MW
23:10
Energy
54.4GWh
FCAS
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $14,956 | 0 | $20 | 24 May, 08:05 |
| LOWERREG | $1,987 | 0 | $10 | 24 May, 18:35 |
| RAISE60SEC | $644 | 0 | $0 | 24 May, 19:55 |
| RAISE6SEC | $532 | 0 | $0 | 24 May, 22:40 |
| LOWER60SEC | $324 | 0 | $1 | 24 May, 09:00 |
| RAISE5MIN | $149 | 0 | $0 | 24 May, 20:00 |
| LOWER6SEC | $103 | 0 | $0 | 24 May, 12:05 |
| LOWER5MIN | $51 | 0 | $0 | 24 May, 08:05 |
| Total | $18,745 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $21,479 | 0 | $20 | 24 May, 08:05 |
| LOWERREG | $5,892 | 0 | $10 | 24 May, 18:35 |
| RAISE6SEC | $1,329 | 0 | $0 | 24 May, 22:40 |
| RAISE60SEC | $1,155 | 0 | $0 | 24 May, 19:55 |
| LOWER60SEC | $1,135 | 0 | $1 | 24 May, 09:00 |
| LOWER6SEC | $302 | 0 | $0 | 24 May, 12:05 |
| RAISE5MIN | $295 | 0 | $0 | 24 May, 20:00 |
| LOWER5MIN | $96 | 0 | $0 | 24 May, 08:05 |
| Total | $31,682 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $7,503 | 0 | $20 | 24 May, 08:05 |
| LOWERREG | $3,805 | 0 | $10 | 24 May, 18:35 |
| RAISE6SEC | $926 | 0 | $0 | 24 May, 22:40 |
| RAISE60SEC | $717 | 0 | $0 | 24 May, 19:55 |
| LOWER60SEC | $420 | 0 | $1 | 24 May, 09:00 |
| RAISE5MIN | $229 | 0 | $0 | 24 May, 20:00 |
| LOWER6SEC | $95 | 0 | $0 | 24 May, 12:05 |
| LOWER5MIN | $43 | 0 | $0 | 24 May, 08:05 |
| Total | $13,737 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $10,751 | 0 | $20 | 24 May, 08:05 |
| LOWERREG | $6,178 | 0 | $10 | 24 May, 18:35 |
| RAISE6SEC | $285 | 0 | $0 | 24 May, 22:40 |
| LOWER60SEC | $285 | 0 | $1 | 24 May, 09:00 |
| RAISE60SEC | $267 | 0 | $0 | 24 May, 19:55 |
| RAISE5MIN | $69 | 0 | $0 | 24 May, 20:00 |
| LOWER6SEC | $61 | 0 | $0 | 24 May, 12:05 |
| LOWER5MIN | $18 | 0 | $0 | 24 May, 08:05 |
| Total | $17,914 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| LOWER6SEC | $17,517 | 0 | $3 | 24 May, 04:05 |
| RAISEREG | $15,105 | 0 | $44 | 24 May, 04:40 |
| LOWERREG | $4,866 | 0 | $3 | 24 May, 05:10 |
| LOWER60SEC | $4,265 | 0 | $3 | 24 May, 11:35 |
| RAISE6SEC | $2,930 | 0 | $19 | 24 May, 18:40 |
| RAISE60SEC | $2,615 | 0 | $2 | 24 May, 04:40 |
| LOWER5MIN | $460 | 0 | $3 | 24 May, 05:15 |
| RAISE5MIN | $374 | 0 | $0 | 24 May, 04:05 |
| Total | $48,131 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 509 MW at 18:00 as NSW spot hit $122/MWh.
Peak moment
Fleet discharged 1,118 MW at 18:00 as QLD spot hit $121/MWh.
Peak moment
Fleet discharged 508 MW at 18:00 as VIC spot hit $115/MWh.
Peak moment
Fleet discharged 265 MW at 18:30 as SA spot hit $130/MWh.
Peak moment
Fleet discharged 2,354 MW at 18:00 as TAS spot hit $102/MWh.
Discharged
2,016MWh
peak 509 MW · 18:00
Charged
2,275MWh
peak 728 MW
Net
-259MWh
discharge − charge
Round-trip
89%
discharge / charge ratio
Discharged
4,415MWh
peak 1,118 MW · 18:00
Charged
5,160MWh
peak 971 MW
Net
-746MWh
discharge − charge
Round-trip
86%
discharge / charge ratio
Discharged
1,242MWh
peak 508 MW · 18:00
Charged
1,466MWh
peak 340 MW
Net
-224MWh
discharge − charge
Round-trip
85%
discharge / charge ratio
Discharged
1,137MWh
peak 265 MW · 18:30
Charged
1,189MWh
peak 244 MW
Net
-52MWh
discharge − charge
Round-trip
96%
discharge / charge ratio
NEM-wide
Discharged
8,809MWh
peak 2,354 MW · 18:00
Charged
10,091MWh
peak 2,007 MW
Net
-1,281MWh
discharge − charge
Round-trip
87%
discharge / charge ratio
Fleet net dispatch · spot-price overlay · 30-min average
Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1QLD | 4,415MWh | -746 |
#2NSW | 2,016MWh | -259 |
#3VIC | 1,242MWh | -224 |
#4SA | 1,137MWh | -52 |
Generation Mix
- Coal68.6% · 126.9 GWh
- Gas0.6% · 1.1 GWh
- Hydro8.5% · 15.7 GWh
- Wind8.0% · 14.7 GWh
- Solar (utility)6.0% · 11.2 GWh
- Solar (rooftop)7.2% · 13.4 GWh
- Battery1.1% · 2.0 GWh
- Coal59.6% · 103.0 GWh
- Gas7.4% · 12.8 GWh
- Hydro2.9% · 5.0 GWh
- Wind5.8% · 10.0 GWh
- Solar (utility)10.5% · 18.2 GWh
- Solar (rooftop)11.2% · 19.4 GWh
- Battery2.6% · 4.4 GWh
- Coal74.8% · 112.9 GWh
- Gas3.0% · 4.6 GWh
- Hydro3.7% · 5.6 GWh
- Wind13.3% · 20.0 GWh
- Solar (utility)1.2% · 1.8 GWh
- Solar (rooftop)3.2% · 4.8 GWh
- Battery0.8% · 1.2 GWh
- Gas19.0% · 6.6 GWh
- Wind70.8% · 24.7 GWh
- Solar (utility)2.1% · 0.7 GWh
- Solar (rooftop)4.8% · 1.7 GWh
- Battery3.3% · 1.1 GWh
- Hydro93.9% · 27.8 GWh
- Wind4.8% · 1.4 GWh
- Solar (rooftop)1.3% · 0.4 GWh
Renewables
NSW · Daily renewable share
21.3%
VIC · Daily renewable share
21.1%
QLD · Daily renewable share
26.4%
SA · Daily renewable share
69.9%
TAS · Daily renewable share
100.0%
Peak instantaneous
44.8%
at 09:30
Daily NEM-wide share
30.5%
By region (daily share)
- NSW 21.3%
- VIC 21.1%
- QLD 26.4%
- SA 69.9%
- TAS 100.0%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +17.3 GWh | 21 | — |
| NSW1-QLD1 | −27.6 GWh | 2 | — |
| VIC1-NSW1 | +23.6 GWh | 4 | — |
| V-SA | −9.3 GWh | 19 | — |
| T-V-MNSP1 | +50 MWh | 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
▲ 0.0% vs same day last week
Intensity by region
| NSW | 113.1k tCO₂ | 0.622 tCO₂/MWh |
| QLD | 95.7k tCO₂ | 0.556 tCO₂/MWh |
| SA | 3.2k tCO₂ | 0.092 tCO₂/MWh |
| VIC | 134.4k tCO₂ | 0.905 tCO₂/MWh |
| TAS | 0 tCO₂ | 0.000 tCO₂/MWh |