NEM
NEM Daily analysis

Friday 1 May 2026

Trading day 2026-05-01

Prices

Trading day · 04:00 → 04:00 AEST

NSW VIC QLD SA TAS
-$10 $18 $45 $73 $100 04:00 10:00 16:00 22:00 04:00
Region Avg VWAP Min Max Neg Cap
NSW $60 $60 $24 $90 0 0
QLD $62 $65 $6 $232 0 0
SA $1 $2 -$10 $44 39 0
VIC $2 $2 -$9 $29 35 0
TAS $81 $81 $65 $106 0 0

Demand

NSW
Peak
8,959MW
17:55
Trough
6,197MW
11:00
Energy
350.5GWh
QLD
Peak
7,775MW
18:00
Trough
4,916MW
12:50
Energy
298.5GWh
SA
Peak
1,813MW
17:55
Trough
931MW
11:50
Energy
68.9GWh
VIC
Peak
5,988MW
18:00
Trough
3,354MW
12:50
Energy
218.7GWh
TAS
Peak
1,168MW
17:50
Trough
802MW
13:15
Energy
48.1GWh

Generation Mix

TOP FUEL 60.5%
  • Coal60.5% · 109.8 GWh
  • Gas0.6% · 1.1 GWh
  • Hydro2.9% · 5.3 GWh
  • Wind9.1% · 16.6 GWh
  • Solar (utility)12.9% · 23.4 GWh
  • Solar (rooftop)12.3% · 22.4 GWh
  • Battery1.6% · 2.9 GWh
  • Other0.1% · 0.2 GWh
TOP FUEL 55.8%
  • Coal55.8% · 107.5 GWh
  • Gas2.3% · 4.5 GWh
  • Hydro4.6% · 8.8 GWh
  • Wind12.9% · 24.7 GWh
  • Solar (utility)11.0% · 21.2 GWh
  • Solar (rooftop)11.5% · 22.2 GWh
  • Battery1.8% · 3.5 GWh
TOP FUEL 44.9%
  • Coal44.9% · 70.0 GWh
  • Hydro0.4% · 0.7 GWh
  • Wind39.3% · 61.3 GWh
  • Solar (utility)3.6% · 5.7 GWh
  • Solar (rooftop)10.0% · 15.6 GWh
  • Battery1.7% · 2.6 GWh
TOP FUEL 77.5%
  • Gas5.6% · 2.8 GWh
  • Wind77.5% · 39.3 GWh
  • Solar (utility)2.5% · 1.3 GWh
  • Solar (rooftop)12.6% · 6.4 GWh
  • Battery1.8% · 0.9 GWh
TOP FUEL 69.2%
  • Hydro69.2% · 15.7 GWh
  • Wind26.3% · 6.0 GWh
  • Solar (rooftop)4.5% · 1.0 GWh
coalgashydrobattery dischargewindsolar utilitysolar rooftopotherBattery (charge)
23:3005:3711:4517:5200:009.7 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:0010.0 GW 0
coalhydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:008.1 GW 0
gasbattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:002.7 GW 0
hydrowindsolar rooftop
23:3005:3711:4517:5200:001.2 GW 0

Renewables

NSW · Daily renewable share
26.4%
VIC · Daily renewable share
56.1%
QLD · Daily renewable share
36.5%
SA · Daily renewable share
112.2%
TAS · Daily renewable share
82.8%
Peak instantaneous
59.2%
at 09:20
Daily NEM-wide share
45.3%
By region (daily share)
  • NSW
    26.4%
  • VIC
    56.1%
  • QLD
    36.5%
  • SA
    112.2%
  • TAS
    82.8%

FCAS

ServiceCostSpikesPeakWhen
RAISEREG$4,9990$121 May, 15:40
LOWERREG$1,6780$51 May, 15:45
RAISE6SEC$2710$01 May, 17:50
RAISE60SEC$2100$01 May, 17:50
RAISE5MIN$720$01 May, 17:50
LOWER60SEC$560$01 May, 15:30
LOWER5MIN$300$01 May, 15:50
LOWER6SEC$160$01 May, 15:50
Total$7,331

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

ServiceCostSpikesPeakWhen
LOWER6SEC$5,6610$51 May, 13:10
LOWER60SEC$4,7460$51 May, 14:20
RAISEREG$4,6040$121 May, 15:40
LOWERREG$2,3220$51 May, 15:45
LOWER5MIN$1,3260$11 May, 13:05
RAISE6SEC$3230$01 May, 17:50
RAISE60SEC$1950$01 May, 17:50
RAISE5MIN$590$01 May, 17:50
Total$19,236

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

ServiceCostSpikesPeakWhen
RAISEREG$9,2090$121 May, 15:40
LOWERREG$2,5680$51 May, 15:45
RAISE6SEC$3160$01 May, 17:50
RAISE60SEC$3050$01 May, 17:50
RAISE5MIN$1080$01 May, 17:50
LOWER60SEC$990$01 May, 15:30
LOWER5MIN$240$01 May, 15:50
LOWER6SEC$190$01 May, 15:50
Total$12,649

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

ServiceCostSpikesPeakWhen
RAISEREG$3,5540$121 May, 15:40
LOWERREG$3,5060$51 May, 15:45
RAISE6SEC$1690$01 May, 17:50
RAISE60SEC$1180$01 May, 17:50
LOWER60SEC$750$01 May, 15:30
RAISE5MIN$350$01 May, 17:50
LOWER5MIN$260$01 May, 15:50
LOWER6SEC$190$01 May, 15:50
Total$7,502

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

ServiceCostSpikesPeakWhen
RAISEREG$8,7370$71 May, 16:45
LOWERREG$6,9090$41 May, 05:05
RAISE6SEC$1,3070$131 May, 16:45
RAISE60SEC$1,0410$51 May, 19:40
LOWER6SEC$8260$31 May, 16:45
LOWER60SEC$4230$11 May, 16:40
RAISE5MIN$780$01 May, 16:45
LOWER5MIN$350$01 May, 16:45
Total$19,356

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

Battery dispatch

Discharged
2,859MWh
peak 723 MW · 18:00
Charged
3,130MWh
peak 593 MW
Net
-271MWh
discharge − charge
Round-trip
91%
discharge / charge ratio
Discharged
3,503MWh
peak 1,113 MW · 17:30
Charged
3,910MWh
peak 865 MW
Net
-408MWh
discharge − charge
Round-trip
90%
discharge / charge ratio
Discharged
2,649MWh
peak 1,030 MW · 18:00
Charged
3,695MWh
peak 665 MW
Net
-1,046MWh
discharge − charge
Round-trip
72%
discharge / charge ratio
Discharged
922MWh
peak 424 MW · 18:00
Charged
1,895MWh
peak 326 MW
Net
-973MWh
discharge − charge
Round-trip
49%
discharge / charge ratio
NEM-wide
Discharged
9,933MWh
peak 3,197 MW · 18:00
Charged
12,630MWh
peak 2,187 MW
Net
-2,697MWh
discharge − charge
Round-trip
79%
discharge / charge ratio

Interconnectors

Region (proxy) Net flow Direction changes Hours at limit
N-Q-MNSP1 +10.8 GWh 1
NSW1-QLD1 −43.5 GWh 0
VIC1-NSW1 +32.7 GWh 10
V-SA +15.8 GWh 8
T-V-MNSP1 −8.6 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

Total emissions
275.7k tCO₂
▼ 2.7% vs same day last week
Intensity by region
NSW 97.4k tCO₂ 0.545 tCO₂/MWh
QLD 95.3k tCO₂ 0.502 tCO₂/MWh
SA 1.3k tCO₂ 0.026 tCO₂/MWh
VIC 81.7k tCO₂ 0.532 tCO₂/MWh
TAS 0 tCO₂ 0.000 tCO₂/MWh