NEM
NEM Daily analysis

Sunday 3 May 2026

Trading day 2026-05-03

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 $47 $49 -$3 $79 4 0
QLD $40 $43 -$3 $73 11 0
SA -$1 -$0 -$35 $32 39 0
VIC $0 $1 -$4 $20 34 0
TAS $81 $81 $68 $106 0 0

Demand

NSW
Peak
8,627MW
17:45
Trough
5,270MW
12:25
Energy
322.1GWh
QLD
Peak
7,371MW
18:00
Trough
4,190MW
10:25
Energy
270.2GWh
SA
Peak
1,736MW
18:30
Trough
644MW
13:15
Energy
61.0GWh
VIC
Peak
5,716MW
18:05
Trough
3,634MW
04:05
Energy
212.6GWh
TAS
Peak
1,211MW
17:40
Trough
836MW
01:55
Energy
48.2GWh

Generation Mix

TOP FUEL 55.4%
  • Coal55.4% · 88.4 GWh
  • Gas0.7% · 1.1 GWh
  • Hydro4.5% · 7.1 GWh
  • Wind15.6% · 24.9 GWh
  • Solar (utility)8.7% · 13.9 GWh
  • Solar (rooftop)13.6% · 21.7 GWh
  • Battery1.5% · 2.5 GWh
TOP FUEL 53.3%
  • Coal53.3% · 102.6 GWh
  • Gas2.4% · 4.6 GWh
  • Hydro4.9% · 9.5 GWh
  • Wind13.9% · 26.7 GWh
  • Solar (utility)10.5% · 20.2 GWh
  • Solar (rooftop)13.1% · 25.3 GWh
  • Battery1.9% · 3.7 GWh
TOP FUEL 46.4%
  • Coal46.4% · 66.9 GWh
  • Hydro0.5% · 0.7 GWh
  • Wind45.9% · 66.2 GWh
  • Solar (utility)2.9% · 4.2 GWh
  • Solar (rooftop)3.5% · 5.0 GWh
  • Battery0.9% · 1.3 GWh
TOP FUEL 78.1%
  • Gas5.8% · 2.8 GWh
  • Wind78.1% · 37.4 GWh
  • Solar (utility)2.4% · 1.2 GWh
  • Solar (rooftop)13.1% · 6.3 GWh
  • Battery0.5% · 0.3 GWh
TOP FUEL 76.6%
  • Hydro76.6% · 16.5 GWh
  • Wind22.2% · 4.8 GWh
  • Solar (rooftop)1.1% · 0.2 GWh
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:008.6 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:0010.0 GW 0
coalhydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:007.3 GW 0
gasbattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:002.5 GW 0
hydrowindsolar rooftop
23:3005:3711:4517:5200:001.1 GW 0

Renewables

NSW · Daily renewable share
26.9%
VIC · Daily renewable share
60.2%
QLD · Daily renewable share
40.9%
SA · Daily renewable share
121.4%
TAS · Daily renewable share
79.8%
Peak instantaneous
60.2%
at 09:30
Daily NEM-wide share
48.1%
By region (daily share)
  • NSW
    26.9%
  • VIC
    60.2%
  • QLD
    40.9%
  • SA
    121.4%
  • TAS
    79.8%

FCAS

ServiceCostSpikesPeakWhen
RAISEREG$6,1160$93 May, 15:40
LOWERREG$1,6730$53 May, 13:15
RAISE6SEC$1450$03 May, 17:10
RAISE60SEC$1010$03 May, 17:40
LOWER60SEC$730$03 May, 07:30
RAISE5MIN$430$03 May, 17:10
LOWER5MIN$340$03 May, 12:25
LOWER6SEC$330$03 May, 04:10
Total$8,218

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

ServiceCostSpikesPeakWhen
RAISEREG$5,8560$93 May, 15:40
LOWERREG$1,9270$53 May, 13:15
LOWER60SEC$2540$03 May, 07:30
RAISE6SEC$2280$03 May, 17:10
RAISE60SEC$1360$03 May, 17:40
LOWER6SEC$1130$03 May, 04:10
LOWER5MIN$850$03 May, 12:25
RAISE5MIN$510$03 May, 17:10
Total$8,649

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

ServiceCostSpikesPeakWhen
RAISEREG$10,0650$93 May, 15:40
LOWERREG$2,8260$53 May, 13:15
RAISE6SEC$2520$03 May, 17:10
RAISE60SEC$2110$03 May, 17:40
LOWER60SEC$2030$03 May, 07:30
RAISE5MIN$910$03 May, 17:10
LOWER6SEC$570$03 May, 04:10
LOWER5MIN$270$03 May, 12:25
Total$13,731

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

ServiceCostSpikesPeakWhen
LOWERREG$3,5150$53 May, 13:15
RAISEREG$2,6850$93 May, 15:40
RAISE6SEC$1190$03 May, 17:10
LOWER60SEC$1060$03 May, 07:30
RAISE60SEC$750$03 May, 17:40
LOWER6SEC$450$03 May, 04:10
RAISE5MIN$320$03 May, 17:10
LOWER5MIN$300$03 May, 12:25
Total$6,606

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

ServiceCostSpikesPeakWhen
RAISEREG$10,5020$123 May, 09:45
LOWERREG$5,4520$43 May, 15:50
RAISE6SEC$9790$103 May, 09:45
RAISE60SEC$6440$03 May, 04:05
LOWER6SEC$470$03 May, 05:45
LOWER60SEC$470$03 May, 05:45
RAISE5MIN$00$03 May, 17:10
LOWER5MIN$00$03 May, 12:25
Total$17,673

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

Battery dispatch

Discharged
2,454MWh
peak 653 MW · 18:00
Charged
4,173MWh
peak 977 MW
Net
-1,719MWh
discharge − charge
Round-trip
59%
discharge / charge ratio
Discharged
3,666MWh
peak 1,085 MW · 18:00
Charged
4,313MWh
peak 1,099 MW
Net
-647MWh
discharge − charge
Round-trip
85%
discharge / charge ratio
Discharged
1,272MWh
peak 434 MW · 18:30
Charged
1,407MWh
peak 395 MW
Net
-135MWh
discharge − charge
Round-trip
90%
discharge / charge ratio
Discharged
260MWh
peak 102 MW · 18:30
Charged
892MWh
peak 240 MW
Net
-632MWh
discharge − charge
Round-trip
29%
discharge / charge ratio
NEM-wide
Discharged
7,652MWh
peak 2,163 MW · 18:00
Charged
10,784MWh
peak 1,892 MW
Net
-3,133MWh
discharge − charge
Round-trip
71%
discharge / charge ratio

Interconnectors

Region (proxy) Net flow Direction changes Hours at limit
N-Q-MNSP1 +33.8 GWh 2
NSW1-QLD1 −75.7 GWh 0
VIC1-NSW1 +42.4 GWh 0
V-SA +20.8 GWh 2
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
249.6k tCO₂
▼ 11.3% vs same day last week
Intensity by region
NSW 78.6k tCO₂ 0.501 tCO₂/MWh
QLD 91.2k tCO₂ 0.481 tCO₂/MWh
SA 1.3k tCO₂ 0.027 tCO₂/MWh
VIC 78.5k tCO₂ 0.553 tCO₂/MWh
TAS 0 tCO₂ 0.000 tCO₂/MWh