Thursday 15 October 2026
Trading day 2026-10-15
SA records 14.3 negative price hours as NEM average reaches $69.90/MWh
Prices ranged from $54.80/MWh in VIC to $92.50/MWh in NSW. SA recorded 14.3 hours of negative prices, while VIC and TAS recorded 6.2 and 5.8 hours respectively. VIC reached a minimum of -$168.70/MWh at 16:00. AEMO's notice at 15:55 stated prices for the 16:00 interval were subject to review.
NSW recorded the highest demand peak of 8950 MW at 17:55. Coal supplied 48.5 per cent of NEM generation, followed by wind at 20.6 per cent and rooftop solar at 15.5 per cent. Batteries discharged 14,483 MWh with a net load of 2637 MWh.
FCAS costs remained low, with regulation raise in TAS recording the highest cost at $37,889. AEMO's notice at 16:26 stated a lack of reserve level 2 condition was not declared in QLD. Total emissions were 297,255 tonnes, 6.9 per cent above the same weekday last week.
Today · Pre-dispatch forecasts indicate peak prices of $127.19/MWh in SA and $120.30/MWh in NSW at 19:30.
In context · The NEM average price of $69.90/MWh was below the seven-day average of $86.60/MWh, ranking fifth for the week. SA recorded its highest daily average of the week at $56.80/MWh.
Prices
Trading day · 04:00 → 04:00 AEST · 30-min average
| Region | Avg | VWAP | Min | Max | Neg | Cap |
|---|---|---|---|---|---|---|
| NSW | $93 | $93 | $43 | $223 | 0 | 0 |
| QLD | $85 | $86 | $44 | $295 | 0 | 0 |
| SA | $57 | $86 | -$54 | $138 | 172 | 0 |
| VIC | $55 | $62 | -$169 | $133 | 74 | 0 |
| TAS | $60 | $64 | -$78 | $350 | 70 | 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 | $7,171 | 0 | $20 | 15 Oct, 17:50 |
| LOWERREG | $668 | 0 | $12 | 15 Oct, 17:20 |
| RAISE60SEC | $166 | 0 | $0 | 15 Oct, 07:35 |
| RAISE6SEC | $149 | 0 | $0 | 15 Oct, 07:35 |
| LOWER60SEC | $91 | 0 | $0 | 15 Oct, 17:40 |
| RAISE5MIN | $34 | 0 | $0 | 15 Oct, 07:35 |
| LOWER6SEC | $34 | 0 | $0 | 15 Oct, 16:50 |
| LOWER5MIN | $25 | 0 | $0 | 15 Oct, 17:00 |
| Total | $8,337 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $8,621 | 0 | $20 | 15 Oct, 17:50 |
| LOWER6SEC | $4,974 | 0 | $6 | 15 Oct, 17:20 |
| LOWER60SEC | $4,057 | 0 | $6 | 15 Oct, 17:20 |
| LOWERREG | $3,000 | 0 | $12 | 15 Oct, 17:20 |
| RAISE6SEC | $1,733 | 0 | $25 | 15 Oct, 17:00 |
| RAISE60SEC | $1,729 | 0 | $25 | 15 Oct, 17:00 |
| LOWER5MIN | $225 | 0 | $0 | 15 Oct, 11:35 |
| RAISE5MIN | $33 | 0 | $0 | 15 Oct, 17:00 |
| Total | $24,372 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $6,737 | 0 | $20 | 15 Oct, 17:50 |
| LOWERREG | $1,597 | 0 | $12 | 15 Oct, 17:20 |
| RAISE60SEC | $183 | 0 | $0 | 15 Oct, 07:35 |
| RAISE6SEC | $147 | 0 | $0 | 15 Oct, 07:35 |
| LOWER60SEC | $62 | 0 | $0 | 15 Oct, 17:40 |
| RAISE5MIN | $48 | 0 | $0 | 15 Oct, 07:35 |
| LOWER6SEC | $35 | 0 | $0 | 15 Oct, 16:50 |
| LOWER5MIN | $24 | 0 | $0 | 15 Oct, 17:00 |
| Total | $8,832 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| LOWER60SEC | $10,600 | 0 | $25 | 15 Oct, 13:00 |
| LOWER6SEC | $5,441 | 0 | $10 | 15 Oct, 14:20 |
| RAISEREG | $5,271 | 0 | $20 | 15 Oct, 17:50 |
| LOWERREG | $3,043 | 0 | $12 | 15 Oct, 17:20 |
| LOWER5MIN | $273 | 0 | $0 | 15 Oct, 10:45 |
| RAISE6SEC | $219 | 0 | $0 | 15 Oct, 08:10 |
| RAISE60SEC | $217 | 0 | $0 | 15 Oct, 08:10 |
| RAISE5MIN | $37 | 0 | $0 | 15 Oct, 07:35 |
| Total | $25,101 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $10,090 | 0 | $279 | 15 Oct, 09:05 |
| RAISE6SEC | $5,600 | 0 | $427 | 15 Oct, 09:05 |
| LOWERREG | $4,709 | 0 | $3 | 15 Oct, 06:05 |
| RAISE60SEC | $778 | 0 | $0 | 15 Oct, 05:05 |
| LOWER6SEC | $247 | 0 | $3 | 15 Oct, 07:05 |
| LOWER60SEC | $92 | 0 | $0 | 15 Oct, 05:40 |
| LOWER5MIN | $3 | 0 | $0 | 15 Oct, 07:05 |
| RAISE5MIN | $1 | 0 | $0 | 15 Oct, 07:10 |
| Total | $21,520 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 811 MW at 20:00 as NSW spot hit $98/MWh.
Peak moment
Fleet discharged 724 MW at 17:30 as QLD spot hit $89/MWh.
Peak moment
Fleet discharged 1,503 MW at 20:00 as VIC spot hit $87/MWh.
Peak moment
Fleet discharged 473 MW at 20:30 as SA spot hit $94/MWh.
Peak moment
Fleet discharged 3,353 MW at 20:00 as TAS spot hit $91/MWh.
Fleet net dispatch · spot-price overlay · 30-min average
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1VIC | 5,604MWh | -98 |
#2NSW | 3,476MWh | -1,056 |
#3QLD | 2,854MWh | -1,719 |
#4SA | 2,550MWh | +236 |
Generation Mix
- Coal46.7% · 95.0 GWh
- Gas0.8% · 1.6 GWh
- Hydro6.6% · 13.4 GWh
- Wind18.2% · 36.9 GWh
- Solar (utility)11.7% · 23.8 GWh
- Solar (rooftop)14.4% · 29.3 GWh
- Battery1.7% · 3.5 GWh
- Coal61.8% · 120.4 GWh
- Gas0.8% · 1.5 GWh
- Hydro1.3% · 2.6 GWh
- Wind18.8% · 36.6 GWh
- Solar (utility)4.5% · 8.8 GWh
- Solar (rooftop)11.3% · 22.0 GWh
- Battery1.5% · 2.9 GWh
- Coal52.1% · 89.0 GWh
- Gas0.2% · 0.4 GWh
- Hydro0.8% · 1.4 GWh
- Wind22.6% · 38.6 GWh
- Solar (utility)4.6% · 7.9 GWh
- Solar (rooftop)16.4% · 28.1 GWh
- Battery3.3% · 5.6 GWh
- Gas6.7% · 2.6 GWh
- Wind38.3% · 14.9 GWh
- Solar (utility)7.5% · 2.9 GWh
- Solar (rooftop)40.3% · 15.6 GWh
- Battery6.6% · 2.6 GWh
- Other0.6% · 0.2 GWh
- Hydro77.0% · 15.4 GWh
- Wind11.9% · 2.4 GWh
- Solar (rooftop)11.1% · 2.2 GWh
Renewables
- NSW 47.7%
- VIC 51.9%
- QLD 40.2%
- SA 91.0%
- TAS 69.8%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +26.1 GWh | 10 | — |
| NSW1-QLD1 | −29.1 GWh | 8 | — |
| VIC1-NSW1 | +25.3 GWh | 4 | — |
| V-SA | −2.8 GWh | 15 | — |
| T-V-MNSP1 | −17.0 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 | 83.6k tCO₂ | 0.409 tCO₂/MWh |
| QLD | 106.5k tCO₂ | 0.546 tCO₂/MWh |
| SA | 1.5k tCO₂ | 0.037 tCO₂/MWh |
| VIC | 105.7k tCO₂ | 0.609 tCO₂/MWh |
| TAS | 0 tCO₂ | 0.000 tCO₂/MWh |