NEM
NEM Daily analysis

Tuesday 13 October 2026

Trading day 2026-10-13

Market Snapshot

QLD and NSW prices top $214/MWh with NEM average at $110.90/MWh

NSW averaged $240.20/MWh and QLD averaged $214.90/MWh, with neither region recording negative prices during the day. SA averaged $55.40/MWh, TAS $53.90/MWh and VIC $48.50/MWh, while SA and VIC each recorded 17.3 hours of negative prices.

NSW demand peaked at 8695 MW at 17:50, QLD demand reached 8111 MW at 18:00, and VIC demand peaked at 6518 MW at 19:15.

Coal generated 52.4 per cent of NEM energy, wind provided 16.5 per cent, and rooftop solar contributed 11.9 per cent. The renewable share averaged 37.5 per cent, peaking at 55.4 per cent at 10:25, while batteries discharged 12,679 MWh.

Total FCAS costs remained low, with the highest being $52,497 for lower regulation. AEMO issued a reserve notice for MT PASA at 11:01, and AEMO's notice at 11:05 stated a direction for the QLD region.

NEM emissions totalled 335,913 tonnes of carbon dioxide, which was 32.4 per cent above the same weekday last week.

Today · Pre-dispatch forecasts show QLD reaching $319.04/MWh at 19:30, SA reaching $145.00/MWh at 18:30, and TAS reaching $122.53/MWh at 17:30.

In context · The NEM average of $110.90/MWh ranked second highest over the past seven days, above the 7-day average of $81.70/MWh. QLD's average of $214.90/MWh was the highest for that region over the past week, compared to a 7-day average of $122.10/MWh.

NSW $240VIC $49QLD $215SA $55TAS $54
Numbers-only recap · gemini-3.1-pro-preview

Prices

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

NSW VIC QLD SA TAS
$0 $93 $185 $278 $370 -$30 $18 $65 $113 $160 $0 $83 $165 $248 $330 -$20 $23 $65 $108 $150 -$20 $23 $65 $108 $150 05:00 11:00 17:00 23:00 05:00
Region Avg VWAP Min Max Neg Cap
NSW $240 $243 $137 $446 0 0
QLD $215 $217 $137 $410 0 0
SA $55 $71 -$21 $154 208 0
VIC $49 $52 -$35 $171 208 0
TAS $54 $57 -$15 $158 194 0

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

Demand

NSW
Peak
8,695MW
18:50
Trough
6,458MW
04:05
Energy
372.3GWh
QLD
Peak
8,111MW
19:00
Trough
5,438MW
10:55
Energy
318.9GWh
SA
Peak
1,529MW
20:25
Trough
428MW
15:50
Energy
52.3GWh
VIC
Peak
6,518MW
20:15
Trough
3,892MW
14:15
Energy
242.2GWh
TAS
Peak
1,177MW
20:45
Trough
817MW
14:50
Energy
47.7GWh

FCAS

ServiceCostSpikesPeakWhen
RAISEREG$3,8130$1613 Oct, 07:55
LOWERREG$9320$813 Oct, 17:10
RAISE60SEC$4260$013 Oct, 08:35
RAISE6SEC$3200$013 Oct, 18:45
LOWER60SEC$1160$013 Oct, 15:55
RAISE5MIN$960$013 Oct, 18:45
LOWER5MIN$530$013 Oct, 16:05
LOWER6SEC$230$013 Oct, 13:50
Total$5,779

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

ServiceCostSpikesPeakWhen
LOWER6SEC$15,8080$1013 Oct, 11:05
LOWER60SEC$14,3570$913 Oct, 11:05
RAISEREG$5,9000$1613 Oct, 07:55
LOWER5MIN$4,7060$613 Oct, 11:05
LOWERREG$4,5360$813 Oct, 17:10
RAISE6SEC$2950$013 Oct, 18:45
RAISE60SEC$2460$014 Oct, 00:40
RAISE5MIN$520$013 Oct, 18:45
Total$45,900

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

ServiceCostSpikesPeakWhen
RAISEREG$7,8300$1613 Oct, 07:55
LOWERREG$3,7030$813 Oct, 17:10
RAISE60SEC$9500$013 Oct, 08:35
RAISE6SEC$9090$013 Oct, 18:45
RAISE5MIN$2550$013 Oct, 18:45
LOWER60SEC$1060$013 Oct, 15:55
LOWER5MIN$510$013 Oct, 16:05
LOWER6SEC$390$013 Oct, 13:50
Total$13,843

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

ServiceCostSpikesPeakWhen
LOWERREG$3,7310$813 Oct, 17:10
RAISEREG$3,3010$1613 Oct, 07:55
RAISE60SEC$4890$013 Oct, 08:35
RAISE6SEC$4410$013 Oct, 18:45
LOWER60SEC$1390$013 Oct, 15:55
RAISE5MIN$920$013 Oct, 18:45
LOWER5MIN$680$013 Oct, 16:05
LOWER6SEC$440$013 Oct, 13:50
Total$8,304

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

ServiceCostSpikesPeakWhen
LOWERREG$39,5960$10413 Oct, 10:20
RAISEREG$10,3760$3113 Oct, 07:20
RAISE6SEC$1,2600$1313 Oct, 19:45
RAISE60SEC$5000$013 Oct, 19:15
LOWER60SEC$590$013 Oct, 19:35
LOWER6SEC$580$013 Oct, 08:40
RAISE5MIN$120$013 Oct, 19:15
LOWER5MIN$20$013 Oct, 16:05
Total$51,862

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

Battery dispatch

Peak moment

Fleet discharged 377 MW at 08:00 as NSW spot hit $193/MWh.

Peak moment

Fleet discharged 677 MW at 19:00 as QLD spot hit $296/MWh.

Peak moment

Fleet discharged 794 MW at 21:30 as VIC spot hit $110/MWh.

Peak moment

Fleet discharged 615 MW at 08:30 as SA spot hit $108/MWh.

Peak moment

Fleet discharged 1,712 MW at 07:30 as TAS spot hit $87/MWh.

Discharged
2,977MWh
peak 377 MW · 08:00
Charged
3,642MWh
peak 582 MW
Net
-665MWh
discharge − charge
Round-trip
82%
discharge / charge ratio
Discharged
3,614MWh
peak 677 MW · 19:00
Charged
5,345MWh
peak 947 MW
Net
-1,731MWh
discharge − charge
Round-trip
68%
discharge / charge ratio
Discharged
3,800MWh
peak 794 MW · 21:30
Charged
4,417MWh
peak 903 MW
Net
-617MWh
discharge − charge
Round-trip
86%
discharge / charge ratio
Discharged
2,288MWh
peak 615 MW · 08:30
Charged
1,960MWh
peak 348 MW
Net
+328MWh
discharge − charge
Round-trip
117%
discharge / charge ratio
NEM-wide
Discharged
12,679MWh
peak 1,712 MW · 07:30
Charged
15,364MWh
peak 2,067 MW
Net
-2,685MWh
discharge − charge
Round-trip
83%
discharge / charge ratio

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

Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
-3.0 GW-2.0 GW-1.0 GW0 MW1.0 GW2.0 GW-$100$0$100$200$300$40000:3007:3714:4521:5205:00

Regional dispatch ranking

RegionDischargedNet
#1VIC
3,800MWh
-617
#2QLD
3,614MWh
-1,731
#3NSW
2,977MWh
-665
#4SA
2,288MWh
+328

Generation Mix

TOP FUEL 61.7%
  • Coal61.7% · 115.5 GWh
  • Gas10.7% · 20.1 GWh
  • Hydro9.4% · 17.6 GWh
  • Wind3.8% · 7.1 GWh
  • Solar (utility)4.5% · 8.5 GWh
  • Solar (rooftop)8.0% · 14.9 GWh
  • Battery1.6% · 3.0 GWh
  • Other0.2% · 0.5 GWh
TOP FUEL 62.9%
  • Coal62.9% · 130.7 GWh
  • Gas7.6% · 15.8 GWh
  • Hydro1.4% · 2.9 GWh
  • Wind7.6% · 15.9 GWh
  • Solar (utility)7.1% · 14.8 GWh
  • Solar (rooftop)11.6% · 24.2 GWh
  • Battery1.7% · 3.6 GWh
TOP FUEL 48.4%
  • Coal48.4% · 83.0 GWh
  • Gas0.4% · 0.6 GWh
  • Hydro1.8% · 3.1 GWh
  • Wind30.1% · 51.6 GWh
  • Solar (utility)4.3% · 7.3 GWh
  • Solar (rooftop)12.9% · 22.2 GWh
  • Battery2.2% · 3.8 GWh
TOP FUEL 48.2%
  • Gas12.4% · 4.7 GWh
  • Wind48.2% · 18.1 GWh
  • Solar (utility)3.0% · 1.1 GWh
  • Solar (rooftop)29.4% · 11.1 GWh
  • Battery6.1% · 2.3 GWh
  • Other0.9% · 0.3 GWh
TOP FUEL 47.8%
  • Gas0.1% · 0.0 GWh
  • Hydro47.8% · 11.8 GWh
  • Wind43.6% · 10.8 GWh
  • Solar (rooftop)8.5% · 2.1 GWh
coalgashydrobattery dischargewindsolar utilitysolar rooftopotherBattery (charge)
00:3006:3712:4518:5201:009.7 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
00:3006:3712:4518:5201:0010.7 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
00:3006:3712:4518:5201:008.5 GW 0
gasbattery dischargewindsolar utilitysolar rooftopotherBattery (charge)
00:3006:3712:4518:5201:002.2 GW 0
gashydrowindsolar rooftop
00:3006:3712:4518:5201:001.5 GW 0

Renewables

NSW · Daily renewable share
17.3%
VIC · Daily renewable share
56.8%
QLD · Daily renewable share
32.0%
SA · Daily renewable share
82.1%
TAS · Daily renewable share
83.9%
Peak instantaneous
55.4%
at 11:25
Daily NEM-wide share
37.5%
By region (daily share)
  • NSW
    17.3%
  • VIC
    56.8%
  • QLD
    32.0%
  • SA
    82.1%
  • TAS
    83.9%

Interconnectors

Region (proxy) Net flow Direction changes Hours at limit
N-Q-MNSP1 +27.6 GWh 0 —
NSW1-QLD1 −46.0 GWh 4 —
VIC1-NSW1 +24.6 GWh 6 —
V-SA +1.9 GWh 19 —
T-V-MNSP1 −4.0 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

Total emissions
335.9k tCO₂
▲ 32.4% vs same day last week
Intensity by region
NSW 111.4k tCO₂ 0.594 tCO₂/MWh
QLD 123.4k tCO₂ 0.590 tCO₂/MWh
SA 2.3k tCO₂ 0.060 tCO₂/MWh
VIC 98.7k tCO₂ 0.573 tCO₂/MWh
TAS 10 tCO₂ 0.000 tCO₂/MWh