NEM
NEM Daily analysis

Saturday 6 June 2026

Trading day 2026-06-06

Market Snapshot

South Australia leads prices as NEM average rises forty-seven percent

Regional average prices ranged from 65.6 dollars in Queensland to 93.6 dollars in South Australia. Queensland recorded the only negative price interval of the day, reaching a minimum of -2.5 dollars per megawatt hour.

Total demand peaked in New South Wales at 9,647 megawatts at 17:40, followed by Queensland and Victoria. The combined renewable share reached an instantaneous peak of 48.6% at 11:05, supported by solar and wind.

Coal remained the primary fuel source at 54.9%, while batteries discharged 14,748 megawatt hours to the grid. Total emissions for the trading day reached 343,810 tonnes of carbon dioxide, a 19.4% increase from last week.

FCAS costs were highest for Raise Regulation and Raise 6 Second services, with Tasmania seeing the most peak price activity. Interconnector flows showed significant transfers from Victoria into New South Wales and from Queensland into New South Wales.

Today · Forward forecasts indicate a peak price of 319.04 dollars in Queensland at 19:30 and 145.00 dollars in South Australia.

Why it matters · the daily average price of 78.02 dollars per megawatt hour represents a 46.8% increase over the previous seven-day average

NSW $81VIC $69QLD $66SA $94TAS $81
Numbers-only recap · gemini-3-flash-preview

Prices

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

NSW VIC QLD SA TAS
$0 $35 $70 $105 $140 $0 $33 $65 $98 $130 -$10 $25 $60 $95 $130 $0 $45 $90 $135 $180 $0 $38 $75 $113 $150 04:00 10:00 16:00 22:00 04:00
Region Avg VWAP Min Max Neg Cap
NSW $81 $85 $14 $132 0 0
QLD $66 $73 -$3 $121 1 0
SA $94 $98 $16 $204 0 0
VIC $69 $71 $13 $116 0 0
TAS $81 $81 $50 $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
9,647MW
17:40
Trough
5,691MW
13:10
Energy
370.0GWh
QLD
Peak
7,419MW
17:55
Trough
3,580MW
12:20
Energy
270.9GWh
SA
Peak
1,847MW
18:35
Trough
860MW
14:00
Energy
67.7GWh
VIC
Peak
6,894MW
17:50
Trough
4,504MW
03:55
Energy
265.2GWh
TAS
Peak
1,278MW
17:35
Trough
898MW
03:35
Energy
49.5GWh

FCAS

ServiceCostSpikesPeakWhen
RAISEREG$8,8140$206 June, 23:35
LOWERREG$1,8430$76 June, 23:10
RAISE6SEC$1980$06 June, 07:50
RAISE60SEC$1330$06 June, 07:45
LOWER60SEC$1210$16 June, 15:35
RAISE5MIN$680$06 June, 07:50
LOWER5MIN$550$06 June, 14:50
LOWER6SEC$360$06 June, 04:05
Total$11,267

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

ServiceCostSpikesPeakWhen
RAISEREG$8,9260$206 June, 23:35
LOWERREG$4,0730$76 June, 23:10
RAISE6SEC$4950$06 June, 06:25
LOWER60SEC$3140$16 June, 15:35
RAISE60SEC$2630$06 June, 19:15
LOWER5MIN$1090$06 June, 14:50
RAISE5MIN$1050$06 June, 18:45
LOWER6SEC$740$06 June, 04:05
Total$14,360

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

ServiceCostSpikesPeakWhen
RAISEREG$9,2880$206 June, 23:35
LOWERREG$4,9900$76 June, 23:10
RAISE6SEC$3640$06 June, 07:50
RAISE60SEC$3450$06 June, 07:45
LOWER60SEC$2090$16 June, 15:35
RAISE5MIN$1490$06 June, 07:50
LOWER5MIN$700$06 June, 14:50
LOWER6SEC$370$06 June, 04:05
Total$15,452

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

ServiceCostSpikesPeakWhen
RAISEREG$10,9470$206 June, 23:35
LOWERREG$4,6370$76 June, 23:10
RAISE6SEC$1820$06 June, 07:50
LOWER60SEC$1380$16 June, 15:35
RAISE60SEC$1190$06 June, 07:45
RAISE5MIN$460$06 June, 07:50
LOWER5MIN$400$06 June, 14:50
LOWER6SEC$380$06 June, 04:05
Total$16,145

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

ServiceCostSpikesPeakWhen
RAISE6SEC$45,0540$1936 June, 13:45
RAISEREG$9,9500$66 June, 19:30
LOWERREG$4,9820$166 June, 18:15
LOWER6SEC$2,7430$156 June, 09:55
RAISE60SEC$2,0590$26 June, 16:20
LOWER60SEC$1,3520$16 June, 04:35
RAISE5MIN$4000$36 June, 11:15
LOWER5MIN$20$06 June, 10:00
Total$66,543

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

Battery dispatch

Peak moment

Fleet discharged 850 MW at 18:00 as NSW spot hit $116/MWh.

Peak moment

Fleet discharged 1,477 MW at 18:00 as QLD spot hit $104/MWh.

Peak moment

Fleet discharged 878 MW at 18:00 as VIC spot hit $108/MWh.

Peak moment

Fleet discharged 352 MW at 19:00 as SA spot hit $115/MWh.

Peak moment

Fleet discharged 3,401 MW at 18:00 as TAS spot hit $82/MWh.

Discharged
3,644MWh
peak 850 MW · 18:00
Charged
3,661MWh
peak 732 MW
Net
-18MWh
discharge − charge
Round-trip
100%
discharge / charge ratio
Discharged
5,507MWh
peak 1,477 MW · 18:00
Charged
5,659MWh
peak 1,100 MW
Net
-152MWh
discharge − charge
Round-trip
97%
discharge / charge ratio
Discharged
3,901MWh
peak 878 MW · 18:00
Charged
4,282MWh
peak 732 MW
Net
-381MWh
discharge − charge
Round-trip
91%
discharge / charge ratio
Discharged
1,697MWh
peak 352 MW · 19:00
Charged
2,042MWh
peak 380 MW
Net
-346MWh
discharge − charge
Round-trip
83%
discharge / charge ratio
NEM-wide
Discharged
14,748MWh
peak 3,401 MW · 18:00
Charged
15,644MWh
peak 2,741 MW
Net
-896MWh
discharge − charge
Round-trip
94%
discharge / charge ratio

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

Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
-4.0 GW-2.0 GW0 MW2.0 GW4.0 GW-$50$0$50$100$150$20023:3006:3713:4520:5204:00

Regional dispatch ranking

RegionDischargedNet
#1QLD
5,507MWh
-152
#2VIC
3,901MWh
-381
#3NSW
3,644MWh
-18
#4SA
1,697MWh
-346

Generation Mix

TOP FUEL 62.9%
  • Coal62.9% · 121.1 GWh
  • Gas2.2% · 4.3 GWh
  • Hydro6.1% · 11.8 GWh
  • Wind3.2% · 6.1 GWh
  • Solar (utility)11.5% · 22.2 GWh
  • Solar (rooftop)11.9% · 22.9 GWh
  • Battery1.9% · 3.6 GWh
  • Other0.2% · 0.5 GWh
TOP FUEL 54.6%
  • Coal54.6% · 106.2 GWh
  • Gas5.9% · 11.4 GWh
  • Hydro2.9% · 5.6 GWh
  • Wind8.5% · 16.5 GWh
  • Solar (utility)11.9% · 23.2 GWh
  • Solar (rooftop)13.1% · 25.5 GWh
  • Battery2.8% · 5.5 GWh
  • Other0.4% · 0.7 GWh
TOP FUEL 64.2%
  • Coal64.2% · 112.1 GWh
  • Gas1.1% · 2.0 GWh
  • Hydro6.4% · 11.1 GWh
  • Wind18.7% · 32.6 GWh
  • Solar (utility)2.6% · 4.6 GWh
  • Solar (rooftop)4.7% · 8.1 GWh
  • Battery2.2% · 3.9 GWh
TOP FUEL 47.9%
  • Gas47.9% · 13.8 GWh
  • Wind18.8% · 5.4 GWh
  • Solar (utility)9.3% · 2.7 GWh
  • Solar (rooftop)18.1% · 5.2 GWh
  • Battery5.9% · 1.7 GWh
TOP FUEL 66.5%
  • Gas1.4% · 0.4 GWh
  • Hydro66.5% · 19.2 GWh
  • Wind29.8% · 8.6 GWh
  • Solar (rooftop)2.3% · 0.7 GWh
coalgashydrobattery dischargewindsolar utilitysolar rooftopotherBattery (charge)
23:3005:3711:4517:5200:009.8 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopotherBattery (charge)
23:3005:3711:4517:5200:009.8 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:008.4 GW 0
gasbattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:001.8 GW 0
gashydrowindsolar rooftop
23:3005:3711:4517:5200:001.5 GW 0

Renewables

NSW · Daily renewable share
21.4%
VIC · Daily renewable share
36.1%
QLD · Daily renewable share
35.1%
SA · Daily renewable share
26.2%
TAS · Daily renewable share
98.0%
Peak instantaneous
48.6%
at 11:05
Daily NEM-wide share
33.7%
By region (daily share)
  • NSW
    21.4%
  • VIC
    36.1%
  • QLD
    35.1%
  • SA
    26.2%
  • TAS
    98.0%

Interconnectors

Region (proxy) Net flow Direction changes Hours at limit
N-Q-MNSP1 +39.7 GWh 0 —
NSW1-QLD1 −50.0 GWh 0 —
VIC1-NSW1 +42.2 GWh 8 —
V-SA −26.2 GWh 0 —
T-V-MNSP1 −138 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
343.8k tCO₂
▲ 19.4% vs same day last week
Intensity by region
NSW 107.9k tCO₂ 0.569 tCO₂/MWh
QLD 97.6k tCO₂ 0.503 tCO₂/MWh
SA 6.2k tCO₂ 0.211 tCO₂/MWh
VIC 131.9k tCO₂ 0.759 tCO₂/MWh
TAS 275 tCO₂ 0.010 tCO₂/MWh