NEM
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NEM
Daily analysis
Friday 29 May 2026
Trading day 2026-05-29
Prices
Trading day · 04:00 → 04:00 AEST · 30-min average
NSW VIC QLD SA TAS
| Region | Avg | VWAP | Min | Max | Neg | Cap |
|---|---|---|---|---|---|---|
| NSW | $83 | $84 | $20 | $284 | 0 | 0 |
| QLD | $75 | $77 | -$2 | $110 | 0 | 0 |
| SA | $79 | $79 | $15 | $265 | 0 | 0 |
| VIC | $77 | $79 | $11 | $273 | 0 | 0 |
| TAS | $99 | $99 | $58 | $184 | 0 | 0 |
Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.
Demand
NSW
Peak
9,376MW
17:45
Trough
6,340MW
04:00
Energy
379.3GWh
QLD
Peak
7,410MW
17:35
Trough
4,650MW
11:05
Energy
286.1GWh
SA
Peak
1,889MW
18:10
Trough
1,186MW
15:35
Energy
74.0GWh
VIC
Peak
7,176MW
17:55
Trough
4,325MW
03:45
Energy
273.4GWh
TAS
Peak
1,284MW
18:00
Trough
890MW
03:00
Energy
53.3GWh
FCAS
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $12,682 | 0 | $35 | 29 May, 11:30 |
| RAISE6SEC | $9,198 | 0 | $25 | 29 May, 07:25 |
| RAISE60SEC | $4,092 | 0 | $20 | 29 May, 08:05 |
| LOWERREG | $1,696 | 0 | $14 | 29 May, 16:15 |
| RAISE5MIN | $816 | 0 | $0 | 29 May, 09:20 |
| LOWER60SEC | $42 | 0 | $0 | 29 May, 16:45 |
| LOWER5MIN | $17 | 0 | $0 | 29 May, 16:45 |
| LOWER6SEC | $13 | 0 | $0 | 29 May, 16:45 |
| Total | $28,558 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| LOWER60SEC | $61,799 | 0 | $61 | 29 May, 15:10 |
| LOWER6SEC | $60,590 | 0 | $33 | 29 May, 12:40 |
| RAISEREG | $18,881 | 0 | $35 | 29 May, 11:30 |
| LOWER5MIN | $12,681 | 0 | $8 | 29 May, 15:25 |
| LOWERREG | $9,190 | 0 | $14 | 29 May, 16:15 |
| RAISE6SEC | $487 | 0 | $0 | 29 May, 17:45 |
| RAISE60SEC | $430 | 0 | $0 | 29 May, 17:45 |
| RAISE5MIN | $95 | 0 | $0 | 29 May, 16:55 |
| Total | $164,153 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $12,264 | 0 | $35 | 29 May, 11:30 |
| RAISE6SEC | $10,672 | 0 | $25 | 29 May, 07:25 |
| RAISE60SEC | $4,668 | 0 | $20 | 29 May, 08:05 |
| LOWERREG | $4,514 | 0 | $14 | 29 May, 16:15 |
| RAISE5MIN | $899 | 0 | $0 | 29 May, 09:20 |
| LOWER60SEC | $47 | 0 | $0 | 29 May, 16:45 |
| LOWER5MIN | $15 | 0 | $0 | 29 May, 16:45 |
| LOWER6SEC | $13 | 0 | $0 | 29 May, 16:45 |
| Total | $33,091 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $14,228 | 0 | $35 | 29 May, 11:30 |
| RAISE6SEC | $12,481 | 0 | $25 | 29 May, 07:25 |
| LOWERREG | $7,305 | 0 | $14 | 29 May, 16:15 |
| RAISE60SEC | $3,222 | 0 | $20 | 29 May, 08:05 |
| RAISE5MIN | $495 | 0 | $0 | 29 May, 09:20 |
| LOWER60SEC | $50 | 0 | $0 | 29 May, 16:45 |
| LOWER6SEC | $11 | 0 | $0 | 29 May, 16:45 |
| LOWER5MIN | $9 | 0 | $0 | 29 May, 16:45 |
| Total | $37,801 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISE6SEC | $111,146 | 2 | $4,420 | 30 May, 02:10 |
| RAISEREG | $15,951 | 0 | $41 | 29 May, 08:25 |
| LOWER6SEC | $11,429 | 0 | $3 | 29 May, 04:05 |
| LOWERREG | $5,457 | 0 | $3 | 29 May, 05:55 |
| RAISE60SEC | $3,417 | 0 | $20 | 29 May, 08:05 |
| LOWER60SEC | $2,420 | 0 | $1 | 29 May, 09:35 |
| RAISE5MIN | $430 | 0 | $3 | 29 May, 21:35 |
| LOWER5MIN | $131 | 0 | $2 | 29 May, 19:45 |
| Total | $150,381 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 960 MW at 17:30 as NSW spot hit $104/MWh.
Peak moment
Fleet discharged 872 MW at 18:00 as QLD spot hit $103/MWh.
Peak moment
Fleet discharged 612 MW at 08:30 as VIC spot hit $201/MWh.
Peak moment
Fleet discharged 291 MW at 18:00 as SA spot hit $97/MWh.
Peak moment
Fleet discharged 2,456 MW at 18:00 as TAS spot hit $100/MWh.
Discharged
4,392MWh
peak 960 MW · 17:30
Charged
5,567MWh
peak 1,060 MW
Net
-1,175MWh
discharge − charge
Round-trip
79%
discharge / charge ratio
Discharged
4,444MWh
peak 872 MW · 18:00
Charged
5,194MWh
peak 1,010 MW
Net
-750MWh
discharge − charge
Round-trip
86%
discharge / charge ratio
Discharged
2,287MWh
peak 612 MW · 08:30
Charged
2,805MWh
peak 504 MW
Net
-518MWh
discharge − charge
Round-trip
82%
discharge / charge ratio
Discharged
1,370MWh
peak 291 MW · 18:00
Charged
1,961MWh
peak 453 MW
Net
-591MWh
discharge − charge
Round-trip
70%
discharge / charge ratio
NEM-wide
Discharged
12,493MWh
peak 2,456 MW · 18:00
Charged
15,527MWh
peak 2,450 MW
Net
-3,034MWh
discharge − charge
Round-trip
80%
discharge / charge ratio
Fleet net dispatch · spot-price overlay · 30-min average
Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1QLD | 4,444MWh | -750 |
#2NSW | 4,392MWh | -1,175 |
#3VIC | 2,287MWh | -518 |
#4SA | 1,370MWh | -591 |
Generation Mix
- Coal65.7% · 131.8 GWh
- Gas1.6% · 3.2 GWh
- Hydro3.4% · 6.9 GWh
- Wind12.9% · 25.8 GWh
- Solar (utility)6.8% · 13.7 GWh
- Solar (rooftop)7.4% · 14.8 GWh
- Battery2.2% · 4.4 GWh
- Coal55.8% · 105.6 GWh
- Gas5.6% · 10.7 GWh
- Hydro2.4% · 4.5 GWh
- Wind14.1% · 26.7 GWh
- Solar (utility)8.5% · 16.1 GWh
- Solar (rooftop)11.3% · 21.3 GWh
- Battery2.3% · 4.4 GWh
- Coal65.7% · 107.0 GWh
- Gas4.8% · 7.9 GWh
- Hydro10.0% · 16.3 GWh
- Wind10.7% · 17.5 GWh
- Solar (utility)1.7% · 2.8 GWh
- Solar (rooftop)5.7% · 9.3 GWh
- Battery1.4% · 2.3 GWh
- Gas25.6% · 10.1 GWh
- Wind57.9% · 22.8 GWh
- Solar (utility)4.1% · 1.6 GWh
- Solar (rooftop)9.0% · 3.5 GWh
- Battery3.5% · 1.4 GWh
- Hydro94.8% · 27.8 GWh
- Wind3.4% · 1.0 GWh
- Solar (rooftop)1.7% · 0.5 GWh
Renewables
NSW · Daily renewable share
24.4%
VIC · Daily renewable share
27.1%
QLD · Daily renewable share
33.8%
SA · Daily renewable share
65.7%
TAS · Daily renewable share
100.8%
Peak instantaneous
45.1%
at 14:05
Daily NEM-wide share
34.0%
By region (daily share)
- NSW 24.4%
- VIC 27.1%
- QLD 33.8%
- SA 65.7%
- TAS 100.8%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +18.0 GWh | 10 | — |
| NSW1-QLD1 | −32.0 GWh | 2 | — |
| VIC1-NSW1 | +21.9 GWh | 24 | — |
| V-SA | −5.4 GWh | 50 | — |
| T-V-MNSP1 | +206 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
347.5k tCO₂
▼ 1.0% vs same day last week
Intensity by region
| NSW | 118.0k tCO₂ | 0.590 tCO₂/MWh |
| QLD | 96.7k tCO₂ | 0.512 tCO₂/MWh |
| SA | 4.5k tCO₂ | 0.112 tCO₂/MWh |
| VIC | 128.3k tCO₂ | 0.793 tCO₂/MWh |
| TAS | 0 tCO₂ | 0.000 tCO₂/MWh |