NEM
NEM Daily analysis

Monday 11 May 2026

Trading day 2026-05-11

Prices

Trading day · 04:00 → 04:00 AEST

NSW VIC QLD SA TAS
$0 $33 $65 $98 $130 04:00 10:00 16:00 22:00 04:00
Region Avg VWAP Min Max Neg Cap
NSW $72 $74 $15 $121 0 0
QLD $70 $72 $23 $118 0 0
SA $81 $85 $14 $138 0 0
VIC $78 $81 $15 $139 0 0
TAS $99 $99 $88 $116 0 0

Demand

NSW
Peak
9,491MW
17:55
Trough
6,330MW
13:00
Energy
362.2GWh
QLD
Peak
7,846MW
17:50
Trough
4,849MW
09:35
Energy
298.8GWh
SA
Peak
1,796MW
18:25
Trough
590MW
13:10
Energy
61.6GWh
VIC
Peak
7,002MW
07:35
Trough
4,026MW
12:50
Energy
261.0GWh
TAS
Peak
1,373MW
18:05
Trough
836MW
01:30
Energy
54.3GWh

Generation Mix

TOP FUEL 63.2%
  • Coal63.2% · 130.1 GWh
  • Gas0.6% · 1.1 GWh
  • Hydro1.5% · 3.0 GWh
  • Wind11.9% · 24.5 GWh
  • Solar (utility)11.4% · 23.6 GWh
  • Solar (rooftop)9.8% · 20.2 GWh
  • Battery1.7% · 3.4 GWh
TOP FUEL 57.2%
  • Coal57.2% · 108.8 GWh
  • Gas2.4% · 4.6 GWh
  • Hydro3.1% · 5.9 GWh
  • Wind15.7% · 29.9 GWh
  • Solar (utility)8.7% · 16.6 GWh
  • Solar (rooftop)10.8% · 20.5 GWh
  • Battery2.1% · 4.0 GWh
TOP FUEL 65.2%
  • Coal65.2% · 101.3 GWh
  • Gas1.1% · 1.6 GWh
  • Hydro10.5% · 16.4 GWh
  • Wind5.7% · 8.8 GWh
  • Solar (utility)4.8% · 7.4 GWh
  • Solar (rooftop)9.8% · 15.3 GWh
  • Battery3.0% · 4.6 GWh
TOP FUEL 33.8%
  • Gas33.0% · 11.9 GWh
  • Wind33.8% · 12.2 GWh
  • Solar (utility)7.4% · 2.7 GWh
  • Solar (rooftop)21.7% · 7.9 GWh
  • Battery4.2% · 1.5 GWh
TOP FUEL 95.2%
  • Hydro95.2% · 29.0 GWh
  • Wind1.7% · 0.5 GWh
  • Solar (rooftop)3.1% · 0.9 GWh
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:0010.5 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:009.5 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:008.0 GW 0
gasbattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:002.0 GW 0
hydrowindsolar rooftop
23:3005:3711:4517:5200:001.5 GW 0

Renewables

NSW · Daily renewable share
28.8%
VIC · Daily renewable share
26.8%
QLD · Daily renewable share
35.5%
SA · Daily renewable share
48.1%
TAS · Daily renewable share
100.5%
Peak instantaneous
48.0%
at 08:40
Daily NEM-wide share
35.2%
By region (daily share)
  • NSW
    28.8%
  • VIC
    26.8%
  • QLD
    35.5%
  • SA
    48.1%
  • TAS
    100.5%

FCAS

ServiceCostSpikesPeakWhen
RAISEREG$9,3750$2111 May, 15:25
LOWERREG$1,3230$411 May, 08:55
RAISE6SEC$1920$011 May, 11:25
RAISE60SEC$1450$011 May, 11:25
LOWER60SEC$1010$011 May, 12:45
LOWER5MIN$680$011 May, 11:05
RAISE5MIN$540$011 May, 07:35
LOWER6SEC$330$011 May, 15:05
Total$11,292

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

ServiceCostSpikesPeakWhen
RAISEREG$10,1290$2111 May, 15:25
LOWERREG$3,7570$411 May, 09:50
LOWER60SEC$2,2770$511 May, 09:45
LOWER6SEC$2,2720$611 May, 09:45
LOWER5MIN$4580$011 May, 09:40
RAISE6SEC$4120$011 May, 17:30
RAISE60SEC$2430$011 May, 17:50
RAISE5MIN$790$011 May, 07:35
Total$19,627

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

ServiceCostSpikesPeakWhen
RAISEREG$17,2380$2111 May, 15:25
LOWERREG$5,0140$411 May, 08:55
RAISE6SEC$2810$011 May, 11:25
RAISE60SEC$2620$011 May, 11:25
LOWER60SEC$1550$011 May, 12:45
RAISE5MIN$940$011 May, 07:35
LOWER5MIN$430$011 May, 11:05
LOWER6SEC$270$011 May, 15:05
Total$23,114

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

ServiceCostSpikesPeakWhen
RAISE60SEC$5,1420$1312 May, 04:00
RAISEREG$4,8560$2111 May, 15:25
LOWERREG$3,7670$411 May, 08:55
RAISE6SEC$3,3400$1012 May, 03:50
RAISE5MIN$1,2220$612 May, 02:35
LOWER60SEC$1400$011 May, 12:45
LOWER5MIN$560$011 May, 11:05
LOWER6SEC$380$011 May, 15:05
Total$18,561

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

ServiceCostSpikesPeakWhen
RAISEREG$13,1010$911 May, 07:15
LOWER6SEC$7,4480$311 May, 05:05
RAISE6SEC$4,9890$2211 May, 08:45
LOWERREG$4,8280$411 May, 08:20
LOWER60SEC$2,2140$111 May, 05:35
RAISE60SEC$2,1900$011 May, 04:05
RAISE5MIN$3600$011 May, 04:05
LOWER5MIN$2080$011 May, 04:05
Total$35,338

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

Battery dispatch

Discharged
3,420MWh
peak 888 MW · 17:30
Charged
4,507MWh
peak 829 MW
Net
-1,086MWh
discharge − charge
Round-trip
76%
discharge / charge ratio
Discharged
4,020MWh
peak 1,104 MW · 18:00
Charged
4,924MWh
peak 1,213 MW
Net
-904MWh
discharge − charge
Round-trip
82%
discharge / charge ratio
Discharged
4,629MWh
peak 1,019 MW · 08:00
Charged
4,683MWh
peak 791 MW
Net
-54MWh
discharge − charge
Round-trip
99%
discharge / charge ratio
Discharged
1,502MWh
peak 334 MW · 08:00
Charged
2,604MWh
peak 457 MW
Net
-1,102MWh
discharge − charge
Round-trip
58%
discharge / charge ratio
NEM-wide
Discharged
13,571MWh
peak 3,045 MW · 18:00
Charged
16,717MWh
peak 2,371 MW
Net
-3,146MWh
discharge − charge
Round-trip
81%
discharge / charge ratio

Interconnectors

Region (proxy) Net flow Direction changes Hours at limit
N-Q-MNSP1 +16.9 GWh 6
NSW1-QLD1 −9.4 GWh 26
VIC1-NSW1 +4.3 GWh 46
V-SA −11.4 GWh 8
T-V-MNSP1 +362 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
337.6k tCO₂
▲ 19.9% vs same day last week
Intensity by region
NSW 115.6k tCO₂ 0.567 tCO₂/MWh
QLD 97.0k tCO₂ 0.514 tCO₂/MWh
SA 5.4k tCO₂ 0.148 tCO₂/MWh
VIC 119.6k tCO₂ 0.770 tCO₂/MWh
TAS 0 tCO₂ 0.000 tCO₂/MWh