NEM
NEM Daily analysis

Saturday 2 May 2026

Trading day 2026-05-02

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 $44 $45 -$1 $77 0 0
QLD $42 $45 -$2 $74 0 0
SA $1 $1 -$10 $98 37 0
VIC -$2 -$2 -$12 $0 47 0
TAS $80 $80 $64 $94 0 0

Demand

NSW
Peak
8,407MW
17:45
Trough
5,845MW
10:50
Energy
330.3GWh
QLD
Peak
7,383MW
18:00
Trough
4,567MW
10:45
Energy
283.3GWh
SA
Peak
1,670MW
18:55
Trough
1,241MW
12:30
Energy
70.1GWh
VIC
Peak
5,412MW
18:00
Trough
3,613MW
14:25
Energy
205.3GWh
TAS
Peak
1,148MW
18:00
Trough
894MW
01:10
Energy
46.9GWh

Generation Mix

TOP FUEL 56.8%
  • Coal56.8% · 98.0 GWh
  • Gas0.6% · 1.0 GWh
  • Hydro3.2% · 5.5 GWh
  • Wind15.6% · 26.9 GWh
  • Solar (utility)10.3% · 17.8 GWh
  • Solar (rooftop)11.6% · 19.9 GWh
  • Battery1.9% · 3.3 GWh
TOP FUEL 56.0%
  • Coal56.0% · 102.3 GWh
  • Gas2.3% · 4.3 GWh
  • Hydro4.8% · 8.8 GWh
  • Wind14.2% · 25.9 GWh
  • Solar (utility)9.2% · 16.7 GWh
  • Solar (rooftop)11.9% · 21.7 GWh
  • Battery1.6% · 3.0 GWh
TOP FUEL 47.4%
  • Coal44.4% · 68.6 GWh
  • Hydro0.5% · 0.7 GWh
  • Wind47.4% · 73.2 GWh
  • Solar (utility)2.0% · 3.1 GWh
  • Solar (rooftop)5.3% · 8.2 GWh
  • Battery0.4% · 0.6 GWh
TOP FUEL 85.6%
  • Gas7.2% · 2.8 GWh
  • Wind85.6% · 33.3 GWh
  • Solar (utility)1.4% · 0.6 GWh
  • Solar (rooftop)4.9% · 1.9 GWh
  • Battery0.9% · 0.3 GWh
TOP FUEL 72.5%
  • Hydro72.5% · 15.7 GWh
  • Wind23.7% · 5.1 GWh
  • Solar (rooftop)3.8% · 0.8 GWh
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:008.9 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:009.8 GW 0
coalhydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:007.7 GW 0
gasbattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:002.1 GW 0
hydrowindsolar rooftop
23:3005:3711:4517:5200:001.0 GW 0

Renewables

NSW · Daily renewable share
30.0%
VIC · Daily renewable share
66.0%
QLD · Daily renewable share
35.6%
SA · Daily renewable share
91.9%
TAS · Daily renewable share
80.1%
Peak instantaneous
60.6%
at 10:30
Daily NEM-wide share
47.0%
By region (daily share)
  • NSW
    30.0%
  • VIC
    66.0%
  • QLD
    35.6%
  • SA
    91.9%
  • TAS
    80.1%

FCAS

ServiceCostSpikesPeakWhen
RAISEREG$5,1770$92 May, 08:30
LOWERREG$1,7820$42 May, 18:55
RAISE6SEC$1880$02 May, 12:10
RAISE60SEC$1460$02 May, 11:30
RAISE5MIN$660$02 May, 07:05
LOWER60SEC$640$02 May, 13:15
LOWER5MIN$290$02 May, 08:30
LOWER6SEC$240$02 May, 04:25
Total$7,476

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

ServiceCostSpikesPeakWhen
LOWER60SEC$5,5980$52 May, 15:15
RAISEREG$5,2570$92 May, 08:30
LOWER6SEC$4,2850$32 May, 11:15
LOWERREG$2,5770$42 May, 18:55
LOWER5MIN$1,1620$12 May, 10:40
RAISE6SEC$2170$02 May, 17:55
RAISE60SEC$1490$02 May, 16:35
RAISE5MIN$510$02 May, 07:05
Total$19,295

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

ServiceCostSpikesPeakWhen
RAISEREG$7,3190$92 May, 08:30
LOWERREG$4,4960$42 May, 18:55
RAISE60SEC$2350$02 May, 11:30
RAISE6SEC$2340$02 May, 12:10
LOWER60SEC$1490$02 May, 13:15
RAISE5MIN$960$02 May, 07:05
LOWER6SEC$380$02 May, 04:25
LOWER5MIN$210$02 May, 08:30
Total$12,588

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

ServiceCostSpikesPeakWhen
LOWERREG$3,8170$42 May, 18:55
RAISEREG$3,0180$92 May, 08:30
RAISE6SEC$1210$02 May, 12:10
LOWER60SEC$930$02 May, 13:15
RAISE60SEC$840$02 May, 11:30
LOWER6SEC$310$02 May, 04:25
RAISE5MIN$300$02 May, 07:05
LOWER5MIN$230$02 May, 08:30
Total$7,218

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

ServiceCostSpikesPeakWhen
RAISEREG$9,4110$52 May, 12:10
LOWERREG$5,5480$42 May, 11:05
RAISE6SEC$6710$22 May, 12:10
RAISE60SEC$6350$02 May, 04:45
LOWER6SEC$910$02 May, 07:10
LOWER60SEC$910$02 May, 07:10
LOWER5MIN$00$02 May, 12:20
RAISE5MIN$00$02 May, 07:05
Total$16,447

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

Battery dispatch

Discharged
3,325MWh
peak 648 MW · 18:30
Charged
4,470MWh
peak 1,158 MW
Net
-1,145MWh
discharge − charge
Round-trip
74%
discharge / charge ratio
Discharged
2,969MWh
peak 891 MW · 18:00
Charged
4,273MWh
peak 990 MW
Net
-1,304MWh
discharge − charge
Round-trip
69%
discharge / charge ratio
Discharged
584MWh
peak 229 MW · 18:00
Charged
2,492MWh
peak 505 MW
Net
-1,908MWh
discharge − charge
Round-trip
23%
discharge / charge ratio
Discharged
340MWh
peak 105 MW · 15:00
Charged
748MWh
peak 156 MW
Net
-407MWh
discharge − charge
Round-trip
46%
discharge / charge ratio
NEM-wide
Discharged
7,218MWh
peak 1,774 MW · 18:00
Charged
11,983MWh
peak 2,241 MW
Net
-4,765MWh
discharge − charge
Round-trip
60%
discharge / charge ratio

Interconnectors

Region (proxy) Net flow Direction changes Hours at limit
N-Q-MNSP1 +9.8 GWh 33
NSW1-QLD1 −52.5 GWh 0
VIC1-NSW1 +64.2 GWh 0
V-SA −3.5 GWh 28
T-V-MNSP1 −10.5 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
258.8k tCO₂
▲ 0.4% vs same day last week
Intensity by region
NSW 86.8k tCO₂ 0.509 tCO₂/MWh
QLD 90.5k tCO₂ 0.503 tCO₂/MWh
SA 1.3k tCO₂ 0.034 tCO₂/MWh
VIC 80.3k tCO₂ 0.531 tCO₂/MWh
TAS 0 tCO₂ 0.000 tCO₂/MWh