NEM
NEM Daily analysis

Tuesday 5 May 2026

Trading day 2026-05-05

Prices

Trading day · 04:00 → 04:00 AEST

NSW VIC QLD SA TAS
$0 $35 $70 $105 $140 04:00 10:00 16:00 22:00 04:00
Region Avg VWAP Min Max Neg Cap
NSW $89 $92 $41 $152 0 0
QLD $87 $90 $35 $154 0 0
SA $115 $115 $31 $290 0 0
VIC $90 $93 $5 $190 0 0
TAS $94 $94 $88 $155 0 0

Demand

NSW
Peak
9,184MW
18:00
Trough
5,446MW
12:45
Energy
346.1GWh
QLD
Peak
7,898MW
18:05
Trough
4,812MW
10:45
Energy
300.0GWh
SA
Peak
1,839MW
18:40
Trough
1,075MW
14:15
Energy
68.5GWh
VIC
Peak
6,893MW
18:00
Trough
4,053MW
04:15
Energy
255.9GWh
TAS
Peak
1,211MW
17:35
Trough
822MW
02:25
Energy
48.2GWh

Generation Mix

TOP FUEL 64.3%
  • Coal64.3% · 130.3 GWh
  • Gas0.5% · 1.1 GWh
  • Hydro2.4% · 4.9 GWh
  • Wind8.0% · 16.2 GWh
  • Solar (utility)10.0% · 20.3 GWh
  • Solar (rooftop)12.7% · 25.7 GWh
  • Battery2.0% · 4.1 GWh
TOP FUEL 62.9%
  • Coal62.9% · 119.5 GWh
  • Gas5.3% · 10.1 GWh
  • Hydro3.0% · 5.7 GWh
  • Wind5.3% · 10.0 GWh
  • Solar (utility)9.1% · 17.3 GWh
  • Solar (rooftop)12.3% · 23.3 GWh
  • Battery2.2% · 4.1 GWh
TOP FUEL 55.1%
  • Coal55.1% · 89.0 GWh
  • Gas2.6% · 4.3 GWh
  • Hydro8.7% · 14.1 GWh
  • Wind20.8% · 33.5 GWh
  • Solar (utility)2.9% · 4.7 GWh
  • Solar (rooftop)5.9% · 9.5 GWh
  • Battery2.9% · 4.7 GWh
  • Other1.1% · 1.7 GWh
TOP FUEL 44.9%
  • Gas44.9% · 13.1 GWh
  • Wind23.7% · 6.9 GWh
  • Solar (utility)5.1% · 1.5 GWh
  • Solar (rooftop)17.6% · 5.1 GWh
  • Battery6.3% · 1.8 GWh
  • Other2.4% · 0.7 GWh
TOP FUEL 73.9%
  • Gas2.1% · 0.6 GWh
  • Hydro73.9% · 21.2 GWh
  • Wind20.7% · 5.9 GWh
  • Solar (rooftop)3.3% · 0.9 GWh
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:0010.1 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:0010.1 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopotherBattery (charge)
23:3005:3711:4517:5200:007.5 GW 0
gasbattery dischargewindsolar utilitysolar rooftopotherBattery (charge)
23:3005:3711:4517:5200:001.6 GW 0
gashydrowindsolar rooftop
23:3005:3711:4517:5200:001.4 GW 0

Renewables

NSW · Daily renewable share
25.0%
VIC · Daily renewable share
41.4%
QLD · Daily renewable share
23.3%
SA · Daily renewable share
27.9%
TAS · Daily renewable share
98.5%
Peak instantaneous
46.0%
at 08:45
Daily NEM-wide share
32.9%
By region (daily share)
  • NSW
    25.0%
  • VIC
    41.4%
  • QLD
    23.3%
  • SA
    27.9%
  • TAS
    98.5%

FCAS

ServiceCostSpikesPeakWhen
RAISEREG$15,3720$255 May, 15:15
LOWERREG$4,9260$145 May, 05:30
RAISE6SEC$3910$05 May, 18:05
RAISE60SEC$2420$05 May, 18:05
LOWER60SEC$1280$05 May, 09:10
RAISE5MIN$900$05 May, 17:25
LOWER5MIN$380$05 May, 11:15
LOWER6SEC$370$05 May, 05:10
Total$21,223

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

ServiceCostSpikesPeakWhen
RAISEREG$13,0030$255 May, 15:15
LOWERREG$8,4580$145 May, 05:30
RAISE6SEC$7170$05 May, 18:05
LOWER60SEC$4460$05 May, 09:10
RAISE60SEC$3610$05 May, 18:05
RAISE5MIN$1140$05 May, 17:25
LOWER6SEC$1060$05 May, 05:10
LOWER5MIN$980$05 May, 11:15
Total$23,303

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

ServiceCostSpikesPeakWhen
RAISEREG$17,4220$255 May, 15:15
LOWERREG$5,3700$145 May, 05:30
RAISE6SEC$5300$05 May, 18:05
RAISE60SEC$4260$05 May, 18:05
LOWER60SEC$2820$05 May, 09:10
RAISE5MIN$1630$05 May, 17:25
LOWER5MIN$370$05 May, 11:15
LOWER6SEC$300$05 May, 05:10
Total$24,261

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

ServiceCostSpikesPeakWhen
RAISEREG$11,2810$255 May, 15:15
LOWERREG$7,5980$145 May, 05:30
RAISE6SEC$2940$05 May, 18:05
LOWER60SEC$2260$05 May, 09:10
RAISE60SEC$1760$05 May, 18:05
RAISE5MIN$670$05 May, 17:25
LOWER6SEC$520$05 May, 05:10
LOWER5MIN$400$05 May, 11:15
Total$19,733

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

ServiceCostSpikesPeakWhen
RAISE6SEC$16,1160$1756 May, 03:30
LOWER6SEC$10,9740$116 May, 03:40
RAISEREG$8,8400$505 May, 06:30
LOWERREG$5,3620$46 May, 00:05
LOWER60SEC$4,1820$35 May, 04:05
RAISE60SEC$2,7760$35 May, 06:10
RAISE5MIN$6290$05 May, 04:05
LOWER5MIN$2090$05 May, 04:05
Total$49,089

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

Battery dispatch

Discharged
4,064MWh
peak 849 MW · 19:00
Charged
4,270MWh
peak 744 MW
Net
-206MWh
discharge − charge
Round-trip
95%
discharge / charge ratio
Discharged
4,092MWh
peak 967 MW · 18:00
Charged
5,006MWh
peak 874 MW
Net
-914MWh
discharge − charge
Round-trip
82%
discharge / charge ratio
Discharged
4,670MWh
peak 846 MW · 07:30
Charged
2,956MWh
peak 465 MW
Net
+1,713MWh
discharge − charge
Round-trip
158%
discharge / charge ratio
Discharged
1,847MWh
peak 236 MW · 08:30
Charged
1,155MWh
peak 244 MW
Net
+693MWh
discharge − charge
Round-trip
160%
discharge / charge ratio
NEM-wide
Discharged
14,673MWh
peak 2,398 MW · 18:30
Charged
13,387MWh
peak 2,198 MW
Net
+1,285MWh
discharge − charge
Round-trip
110%
discharge / charge ratio

Interconnectors

Region (proxy) Net flow Direction changes Hours at limit
N-Q-MNSP1 +13.7 GWh 14
NSW1-QLD1 −12.9 GWh 14
VIC1-NSW1 +25.7 GWh 22
V-SA −24.5 GWh 0
T-V-MNSP1 +407 MWh 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
337.1k tCO₂
▲ 3.2% vs same day last week
Intensity by region
NSW 115.7k tCO₂ 0.578 tCO₂/MWh
QLD 108.5k tCO₂ 0.577 tCO₂/MWh
SA 6.2k tCO₂ 0.213 tCO₂/MWh
VIC 106.2k tCO₂ 0.663 tCO₂/MWh
TAS 396 tCO₂ 0.014 tCO₂/MWh