Tuesday 3 November 2026
Trading day 2026-11-03
South Australia records 18.5 negative price hours as NEM averages $89.8/MWh
New South Wales averaged $108.2/MWh and Queensland averaged $94.1/MWh, with neither region recording negative intervals. South Australia averaged $80.1/MWh alongside 18.5 hours of negative prices, while Victoria and Tasmania recorded 5.2 and 5.0 negative hours respectively. No regions recorded cap intervals during the day.
New South Wales recorded a peak demand of 8798 MW at 17:05, while Queensland peaked at 8286 MW at the same time. Coal accounted for 51.6 per cent of the generation mix, followed by rooftop solar at 15.5 per cent and utility solar at 10.9 per cent. Wind provided 10.4 per cent and hydro 6.9 per cent.
Batteries discharged 13,772 MWh with a net position of -8858 MWh. Total emissions were 314,518 tonnes of carbon dioxide, 1.0 per cent below the same weekday last week. FCAS costs were highest for the raise regulation service at $40,981, with no price spikes recorded.
AEMO issued a reserve notice for MT PASA at 15:27.
Today · Pre-dispatch forecasts indicate Queensland prices will peak at $204.17/MWh at 21:30.
In context · The NEM average price of $89.8/MWh was $12.8/MWh above the seven-day average, ranking third for the week. South Australia's average of $80.1/MWh was the highest for the region over the past seven days.
Prices
Trading day · 04:00 → 04:00 AEST · 30-min average
| Region | Avg | VWAP | Min | Max | Neg | Cap |
|---|---|---|---|---|---|---|
| NSW | $108 | $108 | $26 | $150 | 0 | 0 |
| QLD | $94 | $95 | $24 | $132 | 0 | 0 |
| SA | $80 | $127 | -$54 | $247 | 222 | 0 |
| VIC | $85 | $92 | -$44 | $190 | 62 | 0 |
| TAS | $81 | $86 | -$47 | $237 | 60 | 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 | $8,010 | 0 | $20 | 3 Nov, 16:40 |
| LOWERREG | $905 | 0 | $10 | 3 Nov, 17:45 |
| RAISE60SEC | $234 | 0 | $0 | 3 Nov, 08:45 |
| RAISE6SEC | $198 | 0 | $0 | 3 Nov, 08:45 |
| LOWER60SEC | $114 | 0 | $0 | 3 Nov, 15:10 |
| RAISE5MIN | $51 | 0 | $0 | 3 Nov, 06:35 |
| LOWER5MIN | $48 | 0 | $0 | 3 Nov, 16:00 |
| LOWER6SEC | $46 | 0 | $0 | 3 Nov, 15:25 |
| Total | $9,607 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| LOWER6SEC | $12,688 | 0 | $15 | 3 Nov, 12:00 |
| RAISEREG | $9,399 | 0 | $20 | 3 Nov, 16:40 |
| LOWER60SEC | $9,321 | 0 | $9 | 3 Nov, 12:00 |
| LOWERREG | $3,791 | 0 | $10 | 3 Nov, 17:45 |
| LOWER5MIN | $1,509 | 0 | $2 | 3 Nov, 12:05 |
| RAISE6SEC | $143 | 0 | $0 | 3 Nov, 05:45 |
| RAISE60SEC | $107 | 0 | $0 | 3 Nov, 05:35 |
| RAISE5MIN | $29 | 0 | $0 | 3 Nov, 06:35 |
| Total | $36,986 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $3,967 | 0 | $20 | 3 Nov, 16:40 |
| LOWERREG | $1,432 | 0 | $10 | 3 Nov, 17:45 |
| RAISE60SEC | $181 | 0 | $0 | 3 Nov, 08:45 |
| RAISE6SEC | $146 | 0 | $0 | 3 Nov, 08:45 |
| LOWER60SEC | $102 | 0 | $0 | 3 Nov, 15:10 |
| RAISE5MIN | $62 | 0 | $0 | 3 Nov, 06:35 |
| LOWER5MIN | $32 | 0 | $0 | 3 Nov, 16:00 |
| LOWER6SEC | $29 | 0 | $0 | 3 Nov, 15:25 |
| Total | $5,951 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $4,572 | 0 | $20 | 3 Nov, 16:40 |
| LOWERREG | $4,517 | 0 | $10 | 3 Nov, 17:45 |
| LOWER60SEC | $234 | 0 | $0 | 3 Nov, 15:10 |
| RAISE60SEC | $197 | 0 | $0 | 3 Nov, 08:45 |
| RAISE6SEC | $188 | 0 | $0 | 3 Nov, 08:45 |
| LOWER5MIN | $104 | 0 | $0 | 3 Nov, 16:00 |
| LOWER6SEC | $79 | 0 | $0 | 3 Nov, 15:25 |
| RAISE5MIN | $47 | 0 | $0 | 3 Nov, 06:35 |
| Total | $9,937 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $15,033 | 0 | $118 | 3 Nov, 18:20 |
| LOWERREG | $6,920 | 0 | $48 | 3 Nov, 13:05 |
| RAISE6SEC | $4,667 | 0 | $128 | 3 Nov, 07:10 |
| RAISE60SEC | $616 | 0 | $0 | 3 Nov, 06:35 |
| LOWER6SEC | $157 | 0 | $3 | 3 Nov, 08:00 |
| LOWER60SEC | $68 | 0 | $0 | 3 Nov, 07:55 |
| RAISE5MIN | $16 | 0 | $0 | 3 Nov, 07:30 |
| LOWER5MIN | $3 | 0 | $0 | 3 Nov, 07:55 |
| Total | $27,481 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 884 MW at 20:00 as NSW spot hit $107/MWh.
Peak moment
Fleet discharged 814 MW at 21:00 as QLD spot hit $93/MWh.
Peak moment
Fleet discharged 759 MW at 20:30 as VIC spot hit $154/MWh.
Peak moment
Fleet discharged 462 MW at 20:30 as SA spot hit $193/MWh.
Peak moment
Fleet discharged 2,739 MW at 20:00 as TAS spot hit $143/MWh.
Fleet net dispatch · spot-price overlay · 30-min average
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1QLD | 4,744MWh | -1,658 |
#2NSW | 3,897MWh | -4,426 |
#3VIC | 2,651MWh | -2,401 |
#4SA | 2,480MWh | -373 |
Generation Mix
- Coal53.5% · 107.9 GWh
- Gas0.9% · 1.9 GWh
- Hydro3.5% · 7.1 GWh
- Wind8.9% · 17.9 GWh
- Solar (utility)15.7% · 31.8 GWh
- Solar (rooftop)15.5% · 31.3 GWh
- Battery1.9% · 3.9 GWh
- Coal61.6% · 132.5 GWh
- Gas1.6% · 3.5 GWh
- Hydro2.3% · 5.0 GWh
- Wind10.6% · 22.8 GWh
- Solar (utility)9.8% · 21.1 GWh
- Solar (rooftop)11.8% · 25.5 GWh
- Battery2.2% · 4.7 GWh
- Coal55.3% · 82.8 GWh
- Gas1.2% · 1.8 GWh
- Hydro5.2% · 7.8 GWh
- Wind12.1% · 18.2 GWh
- Solar (utility)9.8% · 14.6 GWh
- Solar (rooftop)14.6% · 21.8 GWh
- Battery1.8% · 2.7 GWh
- Gas25.2% · 8.4 GWh
- Wind15.9% · 5.3 GWh
- Solar (utility)3.1% · 1.0 GWh
- Solar (rooftop)48.2% · 16.0 GWh
- Battery7.5% · 2.5 GWh
- Gas0.9% · 0.2 GWh
- Hydro87.8% · 23.5 GWh
- Wind2.8% · 0.8 GWh
- Solar (rooftop)8.5% · 2.3 GWh
Renewables
- NSW 41.7%
- VIC 47.0%
- QLD 40.6%
- SA 60.2%
- TAS 95.3%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +31.0 GWh | 0 | — |
| NSW1-QLD1 | −31.7 GWh | 6 | — |
| VIC1-NSW1 | +19.8 GWh | 6 | — |
| V-SA | −16.5 GWh | 2 | — |
| T-V-MNSP1 | +358 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
| NSW | 94.7k tCO₂ | 0.466 tCO₂/MWh |
| QLD | 117.5k tCO₂ | 0.542 tCO₂/MWh |
| SA | 4.2k tCO₂ | 0.119 tCO₂/MWh |
| VIC | 98.0k tCO₂ | 0.654 tCO₂/MWh |
| TAS | 159 tCO₂ | 0.006 tCO₂/MWh |