Friday 9 October 2026
Trading day 2026-10-09
Victoria records an average price of -$7.8/MWh with 32.8 negative hours
New South Wales averaged $132.7/MWh with zero negative hours, while Queensland averaged $101.0/MWh with 10.7 negative hours. South Australia averaged $38.6/MWh with 22.7 negative hours, while Victoria and Tasmania recorded average prices of -$7.8/MWh and -$5.4/MWh. Victoria experienced 32.8 negative hours across the trading day, and Tasmania recorded 28.0 negative hours.
New South Wales recorded the highest demand peak of 8,264 MW at 18:10, while Queensland reached 7,540 MW at 18:05. Coal accounted for 41.7 per cent of generation, followed by wind at 20.4 per cent and rooftop solar at 19.0 per cent. Batteries discharged 18,868 MWh across the NEM during the day, finishing with a net position of -1,541 MWh.
Total FCAS costs were led by the raise regulation service at $38,159, with no price spikes recorded. Emissions totalled 256,214 tonnes of carbon dioxide, which was 11.7 per cent below the same weekday last week.
AEMO issued a notice for a foreseeable intervention in South Australia at 08:38, followed by an update at 08:59. AEMO notified the market of suspect LOR1 and LOR2 conditions in New South Wales at 13:37 and 15:48. A forecast LOR1 for the New South Wales region was also issued by AEMO at 15:32.
Today · Pre-dispatch forecasts show Queensland reaching $319.04/MWh at 19:30, while South Australia is forecast to reach $145.0/MWh at 18:30.
In context · The NEM average price of $51.8/MWh ranked sixth out of the last seven days and was below the seven-day average of $70.7/MWh. Victoria's average of -$7.8/MWh was its lowest over the seven-day period, which averaged $48.3/MWh.
Prices
Trading day · 04:00 → 04:00 AEST · 30-min average
| Region | Avg | VWAP | Min | Max | Neg | Cap |
|---|---|---|---|---|---|---|
| NSW | $133 | $145 | $1 | $992 | 0 | 0 |
| QLD | $101 | $111 | -$8 | $860 | 128 | 0 |
| SA | $39 | $38 | -$100 | $3211 | 272 | 0 |
| VIC | -$8 | -$6 | -$57 | $47 | 394 | 0 |
| TAS | -$5 | -$5 | -$60 | $55 | 336 | 0 |
Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.
Demand
FCAS
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $3,723 | 0 | $10 | 9 Oct, 23:05 |
| LOWERREG | $451 | 0 | $5 | 9 Oct, 06:35 |
| RAISE60SEC | $253 | 0 | $0 | 9 Oct, 09:30 |
| RAISE6SEC | $170 | 0 | $0 | 9 Oct, 09:30 |
| LOWER60SEC | $124 | 0 | $0 | 9 Oct, 13:40 |
| RAISE5MIN | $69 | 0 | $0 | 9 Oct, 09:20 |
| LOWER5MIN | $58 | 0 | $0 | 9 Oct, 17:05 |
| LOWER6SEC | $55 | 0 | $0 | 9 Oct, 14:15 |
| Total | $4,903 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $7,618 | 0 | $10 | 9 Oct, 23:05 |
| LOWERREG | $2,508 | 0 | $5 | 9 Oct, 06:35 |
| RAISE60SEC | $343 | 0 | $0 | 9 Oct, 09:30 |
| RAISE6SEC | $292 | 0 | $0 | 9 Oct, 09:30 |
| LOWER60SEC | $225 | 0 | $0 | 9 Oct, 13:40 |
| RAISE5MIN | $75 | 0 | $0 | 9 Oct, 09:20 |
| LOWER6SEC | $65 | 0 | $0 | 9 Oct, 14:15 |
| LOWER5MIN | $43 | 0 | $0 | 9 Oct, 17:05 |
| Total | $11,170 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $13,350 | 0 | $10 | 9 Oct, 23:05 |
| LOWERREG | $3,014 | 0 | $5 | 9 Oct, 06:35 |
| RAISE60SEC | $519 | 0 | $0 | 9 Oct, 09:30 |
| RAISE6SEC | $399 | 0 | $0 | 9 Oct, 09:30 |
| LOWER60SEC | $281 | 0 | $0 | 9 Oct, 13:40 |
| RAISE5MIN | $188 | 0 | $0 | 9 Oct, 09:20 |
| LOWER5MIN | $109 | 0 | $0 | 9 Oct, 17:05 |
| LOWER6SEC | $109 | 0 | $0 | 9 Oct, 14:15 |
| Total | $17,969 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $4,490 | 0 | $10 | 9 Oct, 23:05 |
| LOWERREG | $2,833 | 0 | $5 | 9 Oct, 06:35 |
| RAISE60SEC | $332 | 0 | $0 | 9 Oct, 09:30 |
| LOWER60SEC | $326 | 0 | $0 | 9 Oct, 13:40 |
| RAISE6SEC | $293 | 0 | $0 | 9 Oct, 09:30 |
| LOWER6SEC | $101 | 0 | $0 | 9 Oct, 14:15 |
| LOWER5MIN | $86 | 0 | $0 | 9 Oct, 17:05 |
| RAISE5MIN | $56 | 0 | $0 | 9 Oct, 09:20 |
| Total | $8,518 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| LOWERREG | $13,662 | 0 | $129 | 9 Oct, 06:10 |
| RAISEREG | $8,978 | 0 | $7 | 9 Oct, 08:25 |
| RAISE6SEC | $923 | 0 | $0 | 9 Oct, 05:05 |
| RAISE60SEC | $910 | 0 | $0 | 9 Oct, 05:05 |
| LOWER5MIN | $4 | 0 | $0 | 9 Oct, 16:10 |
| RAISE5MIN | $0 | 0 | $0 | 9 Oct, 09:20 |
| LOWER6SEC | $0 | 0 | $0 | 9 Oct, 14:15 |
| LOWER60SEC | $0 | 0 | $0 | 9 Oct, 13:40 |
| Total | $24,476 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 1,399 MW at 20:00 as NSW spot hit $159/MWh.
Peak moment
Fleet discharged 1,601 MW at 19:30 as QLD spot hit $126/MWh.
Peak moment
Fleet discharged 1,040 MW at 20:00 as VIC spot hit $0/MWh.
Peak moment
Fleet discharged 616 MW at 22:00 as SA spot hit $60/MWh.
Peak moment
Fleet discharged 4,092 MW at 19:30 as TAS spot hit $6/MWh.
Fleet net dispatch · spot-price overlay · 30-min average
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1QLD | 6,052MWh | -644 |
#2NSW | 5,706MWh | -843 |
#3VIC | 4,879MWh | -30 |
#4SA | 2,231MWh | -24 |
Generation Mix
- Coal41.4% · 78.1 GWh
- Gas1.1% · 2.2 GWh
- Hydro7.7% · 14.5 GWh
- Wind6.4% · 12.0 GWh
- Solar (utility)14.8% · 28.0 GWh
- Solar (rooftop)25.5% · 48.0 GWh
- Battery3.0% · 5.7 GWh
- Other0.1% · 0.2 GWh
- Coal53.9% · 113.4 GWh
- Gas1.8% · 3.8 GWh
- Hydro2.9% · 6.1 GWh
- Wind8.0% · 16.8 GWh
- Solar (utility)12.2% · 25.6 GWh
- Solar (rooftop)18.1% · 38.0 GWh
- Battery2.9% · 6.1 GWh
- Other0.3% · 0.7 GWh
- Coal40.9% · 71.1 GWh
- Hydro0.2% · 0.3 GWh
- Wind35.5% · 61.7 GWh
- Solar (utility)4.8% · 8.3 GWh
- Solar (rooftop)15.8% · 27.4 GWh
- Battery2.8% · 4.9 GWh
- Gas3.9% · 1.5 GWh
- Wind78.7% · 30.5 GWh
- Solar (utility)0.9% · 0.3 GWh
- Solar (rooftop)10.8% · 4.2 GWh
- Battery5.7% · 2.2 GWh
- Hydro45.8% · 8.0 GWh
- Wind43.0% · 7.5 GWh
- Solar (rooftop)11.2% · 2.0 GWh
Renewables
- NSW 49.4%
- VIC 67.4%
- QLD 49.5%
- SA 90.7%
- TAS 64.7%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +35.6 GWh | 0 | — |
| NSW1-QLD1 | −49.7 GWh | 0 | — |
| VIC1-NSW1 | +43.6 GWh | 0 | — |
| V-SA | −4.0 GWh | 2 | — |
| T-V-MNSP1 | −19.0 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
| NSW | 69.9k tCO₂ | 0.363 tCO₂/MWh |
| QLD | 101.8k tCO₂ | 0.477 tCO₂/MWh |
| SA | 687 tCO₂ | 0.017 tCO₂/MWh |
| VIC | 83.9k tCO₂ | 0.478 tCO₂/MWh |
| TAS | 0 tCO₂ | 0.000 tCO₂/MWh |