NEM
NEM Daily analysis

Tuesday 21 April 2026

Trading day 2026-04-21

Prices

Trading day · 04:00 → 04:00 AEST

NSW VIC QLD SA TAS
-$10 $20 $50 $80 $110 04:00 10:00 16:00 22:00 04:00
Region Avg VWAP Min Max Neg Cap
NSW $53 $55 -$3 $104 2 0
QLD $41 $46 -$15 $100 15 0
SA $30 $37 -$14 $198 18 0
VIC $23 $28 -$13 $109 25 0
TAS $81 $82 $22 $111 0 0

Demand

NSW
Peak
9,221MW
18:10
Trough
6,307MW
04:15
Energy
354.6GWh
QLD
Peak
7,855MW
18:00
Trough
4,089MW
10:45
Energy
284.8GWh
SA
Peak
1,722MW
18:40
Trough
483MW
13:10
Energy
58.5GWh
VIC
Peak
6,336MW
18:35
Trough
3,490MW
12:35
Energy
228.8GWh
TAS
Peak
1,143MW
07:40
Trough
761MW
12:20
Energy
45.7GWh

Generation Mix

TOP FUEL 59.9%
  • Coal59.9% · 112.3 GWh
  • Gas0.6% · 1.0 GWh
  • Hydro3.4% · 6.4 GWh
  • Wind9.9% · 18.6 GWh
  • Solar (utility)14.1% · 26.5 GWh
  • Solar (rooftop)10.9% · 20.3 GWh
  • Battery1.1% · 2.0 GWh
  • Other0.1% · 0.1 GWh
TOP FUEL 54.6%
  • Coal54.6% · 108.7 GWh
  • Gas3.6% · 7.1 GWh
  • Hydro4.9% · 9.7 GWh
  • Wind10.0% · 19.9 GWh
  • Solar (utility)10.9% · 21.7 GWh
  • Solar (rooftop)14.4% · 28.6 GWh
  • Battery1.6% · 3.2 GWh
TOP FUEL 57.9%
  • Coal57.9% · 91.8 GWh
  • Hydro1.7% · 2.7 GWh
  • Wind21.2% · 33.6 GWh
  • Solar (utility)5.6% · 8.8 GWh
  • Solar (rooftop)11.7% · 18.6 GWh
  • Battery2.0% · 3.1 GWh
TOP FUEL 55.9%
  • Gas7.7% · 2.7 GWh
  • Wind55.9% · 19.4 GWh
  • Solar (utility)3.9% · 1.4 GWh
  • Solar (rooftop)28.3% · 9.8 GWh
  • Battery4.2% · 1.4 GWh
TOP FUEL 78.2%
  • Hydro78.2% · 21.0 GWh
  • Wind17.7% · 4.7 GWh
  • Solar (rooftop)4.1% · 1.1 GWh
coalgashydrobattery dischargewindsolar utilitysolar rooftopotherBattery (charge)
23:3005:3711:4517:5200:009.9 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:0010.4 GW 0
coalhydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:007.9 GW 0
gasbattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:002.2 GW 0
hydrowindsolar rooftop
23:3005:3711:4517:5200:001.3 GW 0

Renewables

NSW · Daily renewable share
27.8%
VIC · Daily renewable share
38.5%
QLD · Daily renewable share
35.5%
SA · Daily renewable share
71.2%
TAS · Daily renewable share
94.4%
Peak instantaneous
56.1%
at 11:10
Daily NEM-wide share
39.1%
By region (daily share)
  • NSW
    27.8%
  • VIC
    38.5%
  • QLD
    35.5%
  • SA
    71.2%
  • TAS
    94.4%

FCAS

ServiceCostSpikesPeakWhen
RAISEREG$9,4800$2021 Apr, 14:25
LOWERREG$4,7390$1321 Apr, 07:30
RAISE6SEC$1,9990$1721 Apr, 17:55
RAISE60SEC$8630$321 Apr, 17:55
RAISE5MIN$1790$021 Apr, 17:10
LOWER60SEC$380$021 Apr, 15:00
LOWER5MIN$320$021 Apr, 15:00
LOWER6SEC$50$021 Apr, 15:05
Total$17,333

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

ServiceCostSpikesPeakWhen
LOWER6SEC$110,0500$4421 Apr, 08:40
LOWER60SEC$87,9800$3221 Apr, 11:30
LOWER5MIN$23,7190$721 Apr, 08:45
RAISEREG$8,1940$2021 Apr, 14:25
LOWERREG$6,2700$1921 Apr, 07:30
RAISE6SEC$2,9750$1721 Apr, 17:55
RAISE60SEC$5130$321 Apr, 17:55
RAISE5MIN$1090$021 Apr, 17:10
Total$239,810

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

ServiceCostSpikesPeakWhen
RAISEREG$14,9150$2021 Apr, 14:25
LOWERREG$7,3700$1321 Apr, 07:30
RAISE6SEC$2,1760$1721 Apr, 17:55
RAISE60SEC$1,2670$321 Apr, 17:55
RAISE5MIN$2960$021 Apr, 17:10
LOWER60SEC$680$021 Apr, 15:00
LOWER5MIN$500$021 Apr, 15:00
LOWER6SEC$90$021 Apr, 15:05
Total$26,151

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

ServiceCostSpikesPeakWhen
LOWERREG$4,1330$1321 Apr, 07:30
RAISEREG$3,6960$2021 Apr, 14:25
RAISE6SEC$2,3400$1721 Apr, 17:55
RAISE60SEC$5050$321 Apr, 17:55
RAISE5MIN$1010$021 Apr, 17:10
LOWER60SEC$350$021 Apr, 15:00
LOWER5MIN$280$021 Apr, 15:00
LOWER6SEC$60$021 Apr, 15:05
Total$10,843

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

ServiceCostSpikesPeakWhen
RAISE6SEC$13,6780$27221 Apr, 16:05
RAISEREG$12,6930$1121 Apr, 17:25
LOWER6SEC$9,6440$5322 Apr, 02:20
LOWERREG$5,6110$421 Apr, 04:05
RAISE60SEC$1,5220$321 Apr, 16:05
LOWER60SEC$1,1680$121 Apr, 06:05
RAISE5MIN$2980$021 Apr, 04:05
LOWER5MIN$770$321 Apr, 06:05
Total$44,691

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

Battery dispatch

Discharged
2,044MWh
peak 573 MW · 17:00
Charged
2,034MWh
peak 487 MW
Net
+10MWh
discharge − charge
Round-trip
100%
discharge / charge ratio
Discharged
3,240MWh
peak 1,215 MW · 18:00
Charged
3,443MWh
peak 621 MW
Net
-203MWh
discharge − charge
Round-trip
94%
discharge / charge ratio
Discharged
3,139MWh
peak 1,155 MW · 18:00
Charged
3,646MWh
peak 725 MW
Net
-507MWh
discharge − charge
Round-trip
86%
discharge / charge ratio
Discharged
1,442MWh
peak 290 MW · 18:30
Charged
1,762MWh
peak 405 MW
Net
-320MWh
discharge − charge
Round-trip
82%
discharge / charge ratio
NEM-wide
Discharged
9,865MWh
peak 3,079 MW · 18:00
Charged
10,886MWh
peak 2,210 MW
Net
-1,021MWh
discharge − charge
Round-trip
91%
discharge / charge ratio

Interconnectors

Region (proxy) Net flow Direction changes Hours at limit
N-Q-MNSP1 +26.0 GWh 0
NSW1-QLD1 −40.0 GWh 12
VIC1-NSW1 +35.3 GWh 10
V-SA −12.6 GWh 10
T-V-MNSP1 −3.9 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
304.9k tCO₂
▼ 9.9% vs same day last week
Intensity by region
NSW 99.5k tCO₂ 0.539 tCO₂/MWh
QLD 97.6k tCO₂ 0.496 tCO₂/MWh
SA 1.3k tCO₂ 0.037 tCO₂/MWh
VIC 106.6k tCO₂ 0.678 tCO₂/MWh
TAS 0 tCO₂ 0.000 tCO₂/MWh