Monday 9 November 2026
Trading day 2026-11-09
SA records $3290/MWh peak as NEM average reaches $70.2/MWh
Regional average prices ranged from $50.5/MWh in QLD to $97.0/MWh in SA, with QLD recording 16.5 hours of negative prices. SA recorded 14.8 hours of negative prices, while no region registered any cap intervals.
NSW recorded the highest peak demand of 8233 MW at 18:50, QLD reached 7887 MW at 18:30, and VIC peaked at 6018 MW at 06:15.
Coal accounted for 42.6 per cent of generation, followed by rooftop solar at 21.0 per cent and wind at 13.2 per cent. The instantaneous renewable share peaked at 78.5 per cent at 12:40, while batteries discharged 22,280 MWh for a net output of 332 MWh.
FCAS costs were highest for the raise regulation service at $33,477, with a peak price of $20/MW in NSW. Total emissions were 262,726 tonnes of carbon dioxide, which was 15.8 per cent below the same weekday last week.
Today · Pre-dispatch forecasts show QLD reaching $160.79/MWh at 19:00 and NSW reaching $150.01/MWh at 22:00.
In context · The NEM average price of $70.2/MWh was above the seven-day average of $58.0/MWh and ranked second for the week. The SA average of $97.0/MWh was the highest in its seven-day range of negative $8.3/MWh to $97.0/MWh.
Prices
Trading day · 04:00 → 04:00 AEST · 30-min average
| Region | Avg | VWAP | Min | Max | Neg | Cap |
|---|---|---|---|---|---|---|
| NSW | $70 | $78 | -$11 | $146 | 72 | 0 |
| QLD | $51 | $59 | -$11 | $125 | 198 | 0 |
| SA | $97 | $99 | -$95 | $3290 | 178 | 0 |
| VIC | $62 | $72 | -$44 | $131 | 64 | 0 |
| TAS | $65 | $68 | -$46 | $136 | 58 | 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 | $7,639 | 0 | $20 | 9 Nov, 17:15 |
| LOWERREG | $1,777 | 0 | $40 | 9 Nov, 16:15 |
| LOWER60SEC | $233 | 0 | $0 | 9 Nov, 14:50 |
| LOWER5MIN | $232 | 0 | $3 | 9 Nov, 17:00 |
| LOWER6SEC | $128 | 0 | $0 | 9 Nov, 14:50 |
| RAISE6SEC | $121 | 0 | $0 | 9 Nov, 05:10 |
| RAISE60SEC | $109 | 0 | $0 | 9 Nov, 08:00 |
| RAISE5MIN | $42 | 0 | $0 | 9 Nov, 05:05 |
| Total | $10,281 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| LOWERREG | $8,867 | 0 | $40 | 9 Nov, 16:15 |
| RAISEREG | $7,435 | 0 | $20 | 9 Nov, 17:15 |
| LOWER5MIN | $232 | 0 | $3 | 9 Nov, 17:00 |
| LOWER60SEC | $173 | 0 | $0 | 9 Nov, 14:50 |
| RAISE6SEC | $112 | 0 | $0 | 9 Nov, 05:10 |
| LOWER6SEC | $103 | 0 | $0 | 9 Nov, 14:50 |
| RAISE60SEC | $90 | 0 | $0 | 9 Nov, 08:00 |
| RAISE5MIN | $38 | 0 | $0 | 9 Nov, 05:05 |
| Total | $17,050 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $6,000 | 0 | $20 | 9 Nov, 17:15 |
| LOWERREG | $4,856 | 0 | $40 | 9 Nov, 16:15 |
| LOWER5MIN | $243 | 0 | $3 | 9 Nov, 17:00 |
| LOWER60SEC | $233 | 0 | $0 | 9 Nov, 14:50 |
| LOWER6SEC | $149 | 0 | $0 | 9 Nov, 14:50 |
| RAISE60SEC | $97 | 0 | $0 | 9 Nov, 08:00 |
| RAISE6SEC | $87 | 0 | $0 | 9 Nov, 05:10 |
| RAISE5MIN | $57 | 0 | $0 | 9 Nov, 05:05 |
| Total | $11,720 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $3,556 | 0 | $20 | 9 Nov, 17:15 |
| LOWERREG | $2,975 | 0 | $40 | 9 Nov, 16:15 |
| LOWER5MIN | $334 | 0 | $3 | 9 Nov, 17:00 |
| LOWER60SEC | $281 | 0 | $0 | 9 Nov, 14:50 |
| LOWER6SEC | $234 | 0 | $0 | 9 Nov, 14:50 |
| RAISE6SEC | $155 | 0 | $0 | 9 Nov, 05:10 |
| RAISE60SEC | $138 | 0 | $0 | 9 Nov, 08:00 |
| RAISE5MIN | $58 | 0 | $0 | 9 Nov, 05:05 |
| Total | $7,731 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $8,848 | 0 | $13 | 10 Nov, 04:40 |
| LOWERREG | $8,456 | 0 | $107 | 9 Nov, 16:35 |
| RAISE6SEC | $769 | 0 | $3 | 9 Nov, 09:35 |
| RAISE60SEC | $754 | 0 | $0 | 9 Nov, 05:05 |
| LOWER6SEC | $178 | 0 | $1 | 9 Nov, 19:05 |
| LOWER60SEC | $172 | 0 | $0 | 9 Nov, 11:35 |
| LOWER5MIN | $140 | 0 | $2 | 9 Nov, 16:45 |
| RAISE5MIN | $0 | 0 | $0 | 9 Nov, 05:05 |
| Total | $19,317 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 1,833 MW at 20:00 as NSW spot hit $114/MWh.
Peak moment
Fleet discharged 1,349 MW at 20:00 as QLD spot hit $108/MWh.
Peak moment
Fleet discharged 916 MW at 20:00 as VIC spot hit $117/MWh.
Peak moment
Fleet discharged 194 MW at 20:30 as SA spot hit $115/MWh.
Peak moment
Fleet discharged 4,267 MW at 20:00 as TAS spot hit $116/MWh.
Fleet net dispatch · spot-price overlay · 30-min average
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1NSW | 9,135MWh | -11 |
#2VIC | 6,130MWh | +1,171 |
#3QLD | 5,119MWh | -472 |
#4SA | 1,896MWh | -356 |
Generation Mix
- Coal41.7% · 79.4 GWh
- Gas0.5% · 1.0 GWh
- Hydro3.4% · 6.4 GWh
- Wind5.0% · 9.5 GWh
- Solar (utility)19.8% · 37.7 GWh
- Solar (rooftop)24.4% · 46.4 GWh
- Battery4.8% · 9.1 GWh
- Other0.5% · 0.9 GWh
- Coal54.2% · 115.6 GWh
- Gas0.4% · 0.9 GWh
- Hydro4.2% · 9.0 GWh
- Wind7.6% · 16.2 GWh
- Solar (utility)12.4% · 26.5 GWh
- Solar (rooftop)18.6% · 39.6 GWh
- Battery2.4% · 5.1 GWh
- Other0.2% · 0.4 GWh
- Coal46.5% · 75.6 GWh
- Gas0.9% · 1.4 GWh
- Hydro3.0% · 4.8 GWh
- Wind15.6% · 25.4 GWh
- Solar (utility)7.8% · 12.6 GWh
- Solar (rooftop)21.8% · 35.5 GWh
- Battery3.8% · 6.1 GWh
- Other0.8% · 1.2 GWh
- Gas10.0% · 4.8 GWh
- Wind62.1% · 29.9 GWh
- Solar (utility)3.5% · 1.7 GWh
- Solar (rooftop)20.5% · 9.9 GWh
- Battery3.9% · 1.9 GWh
- Hydro76.3% · 16.3 GWh
- Wind14.5% · 3.1 GWh
- Solar (rooftop)9.2% · 2.0 GWh
Renewables
- NSW 50.7%
- VIC 55.7%
- QLD 50.9%
- SA 101.7%
- TAS 74.4%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +32.2 GWh | 6 | — |
| NSW1-QLD1 | −44.1 GWh | 6 | — |
| VIC1-NSW1 | +18.2 GWh | 18 | — |
| V-SA | +11.4 GWh | 12 | — |
| T-V-MNSP1 | −13.6 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
| NSW | 69.9k tCO₂ | 0.355 tCO₂/MWh |
| QLD | 100.7k tCO₂ | 0.467 tCO₂/MWh |
| SA | 2.6k tCO₂ | 0.054 tCO₂/MWh |
| VIC | 89.4k tCO₂ | 0.543 tCO₂/MWh |
| TAS | 0 tCO₂ | 0.000 tCO₂/MWh |