NEM
NEM Daily analysis

Sunday 7 June 2026

Trading day 2026-06-07

Market Snapshot

NEM average prices rise fifty percent above the seven day average

Regional average prices ranged from 75.0 dollars in Queensland to 93.8 dollars in South Australia. No negative price intervals were recorded across the five regions while South Australia saw a maximum price of 257.8 dollars. New South Wales maintained the highest regional demand peak of 9,491 megawatts at 17:50.

Coal dominated the generation mix at 57.5 percent followed by wind at 9.1 percent and hydro at 7.7 percent. Combined solar utility and rooftop contributions provided 17.6 percent of the total energy for the trading day. Battery storage discharged 13,295 megawatt hours into the grid representing 2.2 percent of the total supply.

FCAS costs were led by the Raise Regulation service at 42,030 dollars with peak prices occurring in New South Wales. Raise 6 Second services also saw significant activity in Tasmania with a peak price of 199.0 dollars. Total emissions for the day were 351,048 tonnes of carbon dioxide equivalent.

Interconnector flows showed significant movement from Victoria to New South Wales with a net flow of 32,590 megawatt hours. Queensland exported a net 38,698 megawatt hours to New South Wales while South Australia imported 19,445 megawatt hours from Victoria.

Today · Forward schedules indicate a peak price of 319.04 dollars in Queensland at 19:30 and 145.0 dollars in South Australia at 18:30.

Why it matters · the daily average price of 80.66 dollars per megawatt hour represents a 52.5 percent increase over the seven day average

NSW $83VIC $75QLD $75SA $94TAS $76
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 $30 $60 $90 $120 $0 $33 $65 $98 $130 $0 $53 $105 $158 $210 $0 $28 $55 $83 $110 04:00 10:00 16:00 22:00 04:00
Region Avg VWAP Min Max Neg Cap
NSW $83 $86 $30 $131 0 0
QLD $75 $78 $7 $125 0 0
SA $94 $98 $29 $258 0 0
VIC $75 $77 $27 $114 0 0
TAS $76 $76 $50 $128 0 0

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

Demand

NSW
Peak
9,491MW
17:50
Trough
5,580MW
13:15
Energy
363.4GWh
QLD
Peak
7,680MW
18:00
Trough
4,336MW
12:30
Energy
278.7GWh
SA
Peak
1,791MW
18:30
Trough
556MW
13:20
Energy
61.2GWh
VIC
Peak
6,654MW
17:55
Trough
4,419MW
12:15
Energy
253.8GWh
TAS
Peak
1,241MW
18:20
Trough
889MW
04:35
Energy
49.8GWh

FCAS

ServiceCostSpikesPeakWhen
RAISEREG$6,5990$207 June, 15:25
LOWERREG$1,2850$77 June, 05:55
RAISE6SEC$2070$07 June, 18:15
RAISE60SEC$1560$07 June, 07:55
LOWER60SEC$1200$17 June, 12:15
RAISE5MIN$890$07 June, 18:45
LOWER5MIN$470$07 June, 10:55
LOWER6SEC$390$07 June, 12:15
Total$8,542

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

ServiceCostSpikesPeakWhen
RAISEREG$8,3560$207 June, 15:25
LOWERREG$4,2740$77 June, 05:55
RAISE6SEC$6170$07 June, 18:15
RAISE60SEC$3580$07 June, 18:15
LOWER60SEC$3440$17 June, 12:15
RAISE5MIN$1560$07 June, 18:45
LOWER6SEC$790$07 June, 12:15
LOWER5MIN$660$07 June, 10:55
Total$14,250

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

ServiceCostSpikesPeakWhen
RAISEREG$7,7270$207 June, 15:25
LOWERREG$3,6350$77 June, 05:55
RAISE6SEC$4510$07 June, 18:15
RAISE60SEC$4490$07 June, 07:55
LOWER60SEC$2420$17 June, 12:15
RAISE5MIN$1950$07 June, 18:45
LOWER6SEC$510$07 June, 12:15
LOWER5MIN$460$07 June, 10:55
Total$12,796

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

ServiceCostSpikesPeakWhen
RAISEREG$9,8480$207 June, 15:25
LOWERREG$3,9520$77 June, 05:55
RAISE6SEC$1990$07 June, 18:15
LOWER60SEC$1670$17 June, 12:15
RAISE60SEC$1530$07 June, 07:55
RAISE5MIN$710$07 June, 18:45
LOWER6SEC$450$07 June, 12:15
LOWER5MIN$280$07 June, 10:55
Total$14,462

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

ServiceCostSpikesPeakWhen
RAISE6SEC$27,7420$1997 June, 09:00
LOWER6SEC$11,0160$317 June, 10:40
RAISEREG$9,5000$187 June, 18:25
LOWERREG$6,3450$47 June, 04:30
RAISE60SEC$2,5370$37 June, 07:05
LOWER60SEC$2,2810$17 June, 10:20
RAISE5MIN$4600$07 June, 04:05
LOWER5MIN$1790$07 June, 06:35
Total$60,061

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

Battery dispatch

Peak moment

Fleet discharged 795 MW at 18:30 as NSW spot hit $116/MWh.

Peak moment

Fleet discharged 1,392 MW at 18:00 as QLD spot hit $112/MWh.

Peak moment

Fleet discharged 868 MW at 18:00 as VIC spot hit $103/MWh.

Peak moment

Fleet discharged 356 MW at 19:30 as SA spot hit $98/MWh.

Peak moment

Fleet discharged 3,327 MW at 18:30 as TAS spot hit $75/MWh.

Discharged
3,716MWh
peak 795 MW · 18:30
Charged
4,695MWh
peak 1,121 MW
Net
-979MWh
discharge − charge
Round-trip
79%
discharge / charge ratio
Discharged
4,796MWh
peak 1,392 MW · 18:00
Charged
5,677MWh
peak 1,180 MW
Net
-882MWh
discharge − charge
Round-trip
84%
discharge / charge ratio
Discharged
3,013MWh
peak 868 MW · 18:00
Charged
3,466MWh
peak 991 MW
Net
-453MWh
discharge − charge
Round-trip
87%
discharge / charge ratio
Discharged
1,771MWh
peak 356 MW · 19:30
Charged
1,864MWh
peak 420 MW
Net
-93MWh
discharge − charge
Round-trip
95%
discharge / charge ratio
NEM-wide
Discharged
13,295MWh
peak 3,327 MW · 18:30
Charged
15,702MWh
peak 3,668 MW
Net
-2,408MWh
discharge − charge
Round-trip
85%
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$0$50$100$150$20023:3006:3713:4520:5204:00

Regional dispatch ranking

RegionDischargedNet
#1QLD
4,796MWh
-882
#2NSW
3,716MWh
-979
#3VIC
3,013MWh
-453
#4SA
1,771MWh
-93

Generation Mix

TOP FUEL 63.5%
  • Coal63.5% · 122.8 GWh
  • Gas4.0% · 7.8 GWh
  • Hydro5.8% · 11.2 GWh
  • Wind2.4% · 4.6 GWh
  • Solar (utility)11.2% · 21.6 GWh
  • Solar (rooftop)11.2% · 21.7 GWh
  • Battery1.9% · 3.7 GWh
TOP FUEL 57.9%
  • Coal57.9% · 109.5 GWh
  • Gas6.3% · 11.8 GWh
  • Hydro2.8% · 5.4 GWh
  • Wind8.9% · 16.8 GWh
  • Solar (utility)10.8% · 20.5 GWh
  • Solar (rooftop)10.7% · 20.3 GWh
  • Battery2.5% · 4.8 GWh
TOP FUEL 70.3%
  • Coal70.3% · 113.2 GWh
  • Gas1.3% · 2.1 GWh
  • Hydro7.5% · 12.1 GWh
  • Wind11.4% · 18.3 GWh
  • Solar (utility)2.3% · 3.7 GWh
  • Solar (rooftop)5.3% · 8.6 GWh
  • Battery1.9% · 3.0 GWh
TOP FUEL 47.0%
  • Gas47.0% · 13.6 GWh
  • Wind15.8% · 4.6 GWh
  • Solar (utility)8.1% · 2.3 GWh
  • Solar (rooftop)22.9% · 6.6 GWh
  • Battery6.1% · 1.8 GWh
TOP FUEL 61.5%
  • Gas1.3% · 0.4 GWh
  • Hydro61.5% · 17.9 GWh
  • Wind34.9% · 10.2 GWh
  • Solar (rooftop)2.3% · 0.7 GWh
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:009.4 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:009.8 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:008.6 GW 0
gasbattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:001.9 GW 0
gashydrowindsolar rooftop
23:3005:3711:4517:5200:001.4 GW 0

Renewables

NSW · Daily renewable share
21.7%
VIC · Daily renewable share
27.3%
QLD · Daily renewable share
32.0%
SA · Daily renewable share
26.3%
TAS · Daily renewable share
99.9%
Peak instantaneous
48.2%
at 12:35
Daily NEM-wide share
30.4%
By region (daily share)
  • NSW
    21.7%
  • VIC
    27.3%
  • QLD
    32.0%
  • SA
    26.3%
  • TAS
    99.9%

Interconnectors

Region (proxy) Net flow Direction changes Hours at limit
N-Q-MNSP1 +28.4 GWh 1 —
NSW1-QLD1 −38.7 GWh 8 —
VIC1-NSW1 +32.6 GWh 0 —
V-SA −19.4 GWh 7 —
T-V-MNSP1 +742 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
351.0k tCO₂
▲ 22.3% vs same day last week
Intensity by region
NSW 111.0k tCO₂ 0.577 tCO₂/MWh
QLD 100.3k tCO₂ 0.528 tCO₂/MWh
SA 6.4k tCO₂ 0.215 tCO₂/MWh
VIC 133.2k tCO₂ 0.833 tCO₂/MWh
TAS 256 tCO₂ 0.009 tCO₂/MWh