NEM
NEM Daily analysis

Thursday 6 August 2026

Trading day 2026-08-06

Market Snapshot

NEM average prices rise as NSW leads regional spot market volatility

Regional average prices ranged from 100.5 dollars per megawatt hour in Tasmania to 121.8 dollars in New South Wales. Despite the price spread, no region experienced negative intervals or cap events during the 24-hour period. Demand peaks occurred primarily in the evening, with New South Wales and South Australia both peaking after 19:00.

Renewable generation reached an instantaneous peak of 61.6 percent at 13:15, though the daily share averaged 34.4 percent. Solar utility and rooftop sources combined for 16.1 percent of the mix, while wind contributed 8 percent. Hydro generation provided 9.3 percent of the total energy, supporting the 57 percent share from coal assets.

Batteries discharged 18,812 megawatt hours to the grid, resulting in a net consumption of 5,559 megawatt hours after charging. FCAS costs were most prominent in Tasmania, where the Raise Regulation service peaked at 407 dollars. Total emissions for the day were 412,178 tonnes of carbon dioxide, representing a 1 percent increase compared to the same day last week.

Today · Forward projections indicate a peak price of 319.04 dollars per megawatt hour in Queensland at 19:30 tonight.

Why it matters · The daily average of 110.3 dollars sits 17.7 percent above the 7-day average, extending a four-day rising price trend. This upward movement is significant as it occurred despite a healthy 61.6 percent instantaneous renewable peak and the total absence of negative price intervals.

NSW $122VIC $108QLD $106SA $113TAS $100
Numbers-only recap · gemini-3-flash-preview

Prices

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

NSW VIC QLD SA TAS
$0 $70 $140 $210 $280 $0 $65 $130 $195 $260 $0 $65 $130 $195 $260 $0 $63 $125 $188 $250 $0 $60 $120 $180 $240 04:00 10:00 16:00 22:00 04:00
Region Avg VWAP Min Max Neg Cap
NSW $122 $127 $44 $312 0 0
QLD $106 $111 $30 $294 0 0
SA $113 $117 $41 $265 0 0
VIC $108 $111 $25 $281 0 0
TAS $100 $102 $31 $450 0 0

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

Demand

NSW
Peak
11,377MW
19:05
Trough
6,553MW
14:15
Energy
435.3GWh
QLD
Peak
7,720MW
18:05
Trough
4,527MW
13:05
Energy
297.1GWh
SA
Peak
2,033MW
19:25
Trough
984MW
12:20
Energy
73.3GWh
VIC
Peak
8,019MW
18:35
Trough
5,090MW
03:30
Energy
309.4GWh
TAS
Peak
1,413MW
07:45
Trough
1,043MW
02:15
Energy
57.3GWh

FCAS

ServiceCostSpikesPeakWhen
RAISEREG$4,9330$276 Aug, 08:20
LOWERREG$6560$56 Aug, 16:20
RAISE6SEC$1800$06 Aug, 07:50
RAISE60SEC$1490$06 Aug, 07:20
LOWER60SEC$1270$06 Aug, 12:55
LOWER5MIN$840$06 Aug, 16:00
LOWER6SEC$800$06 Aug, 12:55
RAISE5MIN$660$06 Aug, 07:25
Total$6,274

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

ServiceCostSpikesPeakWhen
RAISEREG$10,6640$276 Aug, 08:20
LOWERREG$2,9450$56 Aug, 16:20
RAISE6SEC$4480$06 Aug, 07:50
LOWER60SEC$3210$06 Aug, 12:55
RAISE60SEC$2800$06 Aug, 07:20
LOWER5MIN$1880$06 Aug, 16:00
LOWER6SEC$1710$06 Aug, 12:55
RAISE5MIN$780$06 Aug, 07:25
Total$15,096

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

ServiceCostSpikesPeakWhen
RAISEREG$11,6440$276 Aug, 08:20
LOWERREG$2,6650$56 Aug, 16:20
RAISE6SEC$4600$06 Aug, 07:50
RAISE60SEC$4430$06 Aug, 07:20
LOWER60SEC$2570$06 Aug, 12:55
RAISE5MIN$1770$06 Aug, 07:25
LOWER6SEC$1480$06 Aug, 12:55
LOWER5MIN$830$06 Aug, 16:00
Total$15,876

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

ServiceCostSpikesPeakWhen
RAISEREG$8,9840$276 Aug, 08:20
LOWERREG$3,3920$56 Aug, 16:20
RAISE6SEC$3950$06 Aug, 07:50
RAISE60SEC$3000$06 Aug, 07:20
LOWER60SEC$2980$06 Aug, 12:55
LOWER6SEC$1820$06 Aug, 12:55
LOWER5MIN$1780$06 Aug, 16:00
RAISE5MIN$1150$06 Aug, 07:25
Total$13,844

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

ServiceCostSpikesPeakWhen
RAISEREG$12,1870$4076 Aug, 13:00
RAISE60SEC$7,7870$4036 Aug, 13:00
LOWERREG$2,6790$36 Aug, 15:20
RAISE6SEC$1520$06 Aug, 09:40
LOWER5MIN$390$06 Aug, 16:00
LOWER6SEC$70$06 Aug, 12:55
LOWER60SEC$60$06 Aug, 12:55
RAISE5MIN$20$06 Aug, 10:25
Total$22,858

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

Battery dispatch

Peak moment

Fleet discharged 1,141 MW at 19:00 as NSW spot hit $149/MWh.

Peak moment

Fleet discharged 1,342 MW at 18:30 as QLD spot hit $127/MWh.

Peak moment

Fleet discharged 952 MW at 08:00 as VIC spot hit $237/MWh.

Peak moment

Fleet discharged 264 MW at 08:00 as SA spot hit $226/MWh.

Peak moment

Fleet discharged 3,010 MW at 18:30 as TAS spot hit $114/MWh.

Discharged
6,568MWh
peak 1,141 MW · 19:00
Charged
8,763MWh
peak 1,561 MW
Net
-2,196MWh
discharge − charge
Round-trip
75%
discharge / charge ratio
Discharged
5,869MWh
peak 1,342 MW · 18:30
Charged
6,663MWh
peak 1,412 MW
Net
-793MWh
discharge − charge
Round-trip
88%
discharge / charge ratio
Discharged
5,161MWh
peak 952 MW · 08:00
Charged
6,792MWh
peak 1,057 MW
Net
-1,631MWh
discharge − charge
Round-trip
76%
discharge / charge ratio
Discharged
1,214MWh
peak 264 MW · 08:00
Charged
2,154MWh
peak 376 MW
Net
-940MWh
discharge − charge
Round-trip
56%
discharge / charge ratio
NEM-wide
Discharged
18,812MWh
peak 3,010 MW · 18:30
Charged
24,371MWh
peak 4,195 MW
Net
-5,559MWh
discharge − charge
Round-trip
77%
discharge / charge ratio

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

Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
-6.0 GW-4.0 GW-2.0 GW0 MW2.0 GW4.0 GW$0$100$200$30023:3006:3713:4520:5204:00

Regional dispatch ranking

RegionDischargedNet
#1NSW
6,568MWh
-2,196
#2QLD
5,869MWh
-793
#3VIC
5,161MWh
-1,631
#4SA
1,214MWh
-940

Generation Mix

TOP FUEL 65.9%
  • Coal65.9% · 150.3 GWh
  • Gas1.2% · 2.7 GWh
  • Hydro4.2% · 9.6 GWh
  • Wind5.3% · 12.1 GWh
  • Solar (utility)9.5% · 21.6 GWh
  • Solar (rooftop)11.0% · 25.2 GWh
  • Battery2.9% · 6.6 GWh
TOP FUEL 67.0%
  • Coal67.0% · 138.5 GWh
  • Gas5.2% · 10.7 GWh
  • Hydro1.3% · 2.8 GWh
  • Wind3.7% · 7.6 GWh
  • Solar (utility)8.1% · 16.8 GWh
  • Solar (rooftop)11.6% · 24.0 GWh
  • Battery2.8% · 5.9 GWh
  • Other0.2% · 0.4 GWh
TOP FUEL 60.0%
  • Coal60.0% · 113.0 GWh
  • Gas4.2% · 8.0 GWh
  • Hydro10.8% · 20.4 GWh
  • Wind13.3% · 25.0 GWh
  • Solar (utility)2.7% · 5.1 GWh
  • Solar (rooftop)6.2% · 11.7 GWh
  • Battery2.7% · 5.2 GWh
TOP FUEL 56.1%
  • Gas56.1% · 23.2 GWh
  • Wind20.7% · 8.5 GWh
  • Solar (utility)5.6% · 2.3 GWh
  • Solar (rooftop)14.7% · 6.1 GWh
  • Battery2.9% · 1.2 GWh
TOP FUEL 79.7%
  • Gas11.0% · 4.5 GWh
  • Hydro79.7% · 32.8 GWh
  • Wind7.4% · 3.0 GWh
  • Solar (rooftop)1.9% · 0.8 GWh
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:0011.3 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopotherBattery (charge)
23:3005:3711:4517:5200:0010.1 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:009.8 GW 0
gasbattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:002.4 GW 0
gashydrowindsolar rooftop
23:3005:3711:4517:5200:001.9 GW 0

Renewables

NSW · Daily renewable share
28.5%
VIC · Daily renewable share
37.5%
QLD · Daily renewable share
31.5%
SA · Daily renewable share
39.9%
TAS · Daily renewable share
110.4%
Peak instantaneous
61.6%
at 13:15
Daily NEM-wide share
34.4%
By region (daily share)
  • NSW
    28.5%
  • VIC
    37.5%
  • QLD
    31.5%
  • SA
    39.9%
  • TAS
    110.4%

Interconnectors

Region (proxy) Net flow Direction changes Hours at limit
N-Q-MNSP1 +41.3 GWh 0
NSW1-QLD1 −62.3 GWh 0
VIC1-NSW1 +21.7 GWh 14
V-SA −11.5 GWh 16
T-V-MNSP1 +16.6 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
412.2k tCO₂
▲ 1.0% vs same day last week
Intensity by region
NSW 132.7k tCO₂ 0.574 tCO₂/MWh
QLD 126.3k tCO₂ 0.602 tCO₂/MWh
SA 11.6k tCO₂ 0.277 tCO₂/MWh
VIC 138.9k tCO₂ 0.730 tCO₂/MWh
TAS 2.7k tCO₂ 0.067 tCO₂/MWh