NEM
NEM Daily analysis

Thursday 14 May 2026

Trading day 2026-05-14

Prices

Trading day · 04:00 → 04:00 AEST

NSW VIC QLD SA TAS
$0 $40 $80 $120 $160 04:00 10:00 16:00 22:00 04:00
Region Avg VWAP Min Max Neg Cap
NSW $80 $83 $13 $218 0 0
QLD $88 $91 $0 $233 0 0
SA $70 $74 $9 $273 0 0
VIC $72 $76 $12 $277 0 0
TAS $104 $104 $62 $244 0 0

Demand

NSW
Peak
9,395MW
18:25
Trough
6,592MW
03:35
Energy
367.4GWh
QLD
Peak
7,793MW
17:55
Trough
5,272MW
10:50
Energy
301.2GWh
SA
Peak
1,734MW
18:30
Trough
586MW
13:00
Energy
61.7GWh
VIC
Peak
6,732MW
07:40
Trough
4,235MW
04:00
Energy
254.5GWh
TAS
Peak
1,338MW
17:55
Trough
912MW
04:10
Energy
53.8GWh

Generation Mix

TOP FUEL 61.4%
  • Coal61.4% · 124.0 GWh
  • Gas0.9% · 1.9 GWh
  • Hydro1.2% · 2.5 GWh
  • Wind14.3% · 28.9 GWh
  • Solar (utility)10.6% · 21.4 GWh
  • Solar (rooftop)9.4% · 19.1 GWh
  • Battery2.0% · 4.1 GWh
  • Other0.1% · 0.1 GWh
TOP FUEL 55.2%
  • Coal55.2% · 100.2 GWh
  • Gas4.9% · 8.8 GWh
  • Hydro2.5% · 4.6 GWh
  • Wind17.0% · 30.8 GWh
  • Solar (utility)8.5% · 15.4 GWh
  • Solar (rooftop)9.7% · 17.7 GWh
  • Battery2.2% · 4.0 GWh
TOP FUEL 60.9%
  • Coal60.9% · 97.1 GWh
  • Gas1.6% · 2.5 GWh
  • Hydro7.7% · 12.2 GWh
  • Wind16.1% · 25.8 GWh
  • Solar (utility)4.0% · 6.3 GWh
  • Solar (rooftop)7.9% · 12.6 GWh
  • Battery1.9% · 3.0 GWh
TOP FUEL 56.8%
  • Gas17.0% · 6.8 GWh
  • Wind56.8% · 22.6 GWh
  • Solar (utility)5.9% · 2.3 GWh
  • Solar (rooftop)17.6% · 7.0 GWh
  • Battery2.7% · 1.1 GWh
TOP FUEL 84.9%
  • Gas0.6% · 0.2 GWh
  • Hydro84.9% · 25.2 GWh
  • Wind12.5% · 3.7 GWh
  • Solar (rooftop)2.0% · 0.6 GWh
coalgashydrobattery dischargewindsolar utilitysolar rooftopotherBattery (charge)
23:3005:3711:4517:5200:0010.6 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:009.2 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:007.9 GW 0
gasbattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:002.0 GW 0
gashydrowindsolar rooftop
23:3005:3711:4517:5200:001.5 GW 0

Renewables

NSW · Daily renewable share
29.4%
VIC · Daily renewable share
34.2%
QLD · Daily renewable share
34.3%
SA · Daily renewable share
78.8%
TAS · Daily renewable share
98.2%
Peak instantaneous
54.5%
at 09:50
Daily NEM-wide share
38.7%
By region (daily share)
  • NSW
    29.4%
  • VIC
    34.2%
  • QLD
    34.3%
  • SA
    78.8%
  • TAS
    98.2%

FCAS

ServiceCostSpikesPeakWhen
RAISEREG$8,0640$1614 May, 14:35
LOWERREG$1,6690$614 May, 20:25
RAISE60SEC$3150$014 May, 07:15
RAISE6SEC$2730$014 May, 07:40
LOWER60SEC$1300$114 May, 13:05
RAISE5MIN$710$014 May, 07:25
LOWER5MIN$410$014 May, 13:05
LOWER6SEC$400$014 May, 13:40
Total$10,602

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

ServiceCostSpikesPeakWhen
LOWER6SEC$12,1280$814 May, 09:40
LOWER60SEC$12,1010$914 May, 09:45
RAISEREG$8,7980$1614 May, 14:35
LOWER5MIN$2,8780$214 May, 09:40
LOWERREG$2,6820$614 May, 20:25
RAISE6SEC$4430$014 May, 17:55
RAISE60SEC$2690$014 May, 17:55
RAISE5MIN$750$014 May, 17:55
Total$39,374

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

ServiceCostSpikesPeakWhen
RAISEREG$20,7330$1614 May, 14:35
LOWERREG$3,6840$614 May, 20:25
RAISE60SEC$5720$014 May, 07:15
RAISE6SEC$4740$014 May, 07:40
LOWER60SEC$2880$114 May, 13:05
RAISE5MIN$1460$014 May, 07:25
LOWER5MIN$640$014 May, 13:05
LOWER6SEC$490$014 May, 13:40
Total$26,009

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

ServiceCostSpikesPeakWhen
RAISEREG$6,3280$1614 May, 14:35
LOWERREG$3,0880$614 May, 20:25
RAISE6SEC$1760$014 May, 07:40
RAISE60SEC$1610$014 May, 07:15
LOWER60SEC$1330$114 May, 13:05
LOWER5MIN$360$014 May, 13:05
LOWER6SEC$360$014 May, 13:40
RAISE5MIN$280$014 May, 07:25
Total$9,987

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

ServiceCostSpikesPeakWhen
RAISEREG$14,5060$8614 May, 07:30
LOWER6SEC$7,9240$314 May, 08:55
LOWERREG$4,2410$414 May, 19:25
RAISE6SEC$3,3010$4314 May, 17:55
RAISE60SEC$2,4140$1514 May, 07:05
LOWER60SEC$1,6790$114 May, 08:00
RAISE5MIN$2570$014 May, 04:05
LOWER5MIN$1300$014 May, 08:55
Total$34,451

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

Battery dispatch

Discharged
4,089MWh
peak 1,115 MW · 17:30
Charged
4,498MWh
peak 836 MW
Net
-409MWh
discharge − charge
Round-trip
91%
discharge / charge ratio
Discharged
3,982MWh
peak 1,232 MW · 17:30
Charged
5,018MWh
peak 948 MW
Net
-1,037MWh
discharge − charge
Round-trip
79%
discharge / charge ratio
Discharged
3,001MWh
peak 859 MW · 18:00
Charged
3,442MWh
peak 652 MW
Net
-441MWh
discharge − charge
Round-trip
87%
discharge / charge ratio
Discharged
1,082MWh
peak 386 MW · 18:30
Charged
1,353MWh
peak 363 MW
Net
-271MWh
discharge − charge
Round-trip
80%
discharge / charge ratio
NEM-wide
Discharged
12,154MWh
peak 3,368 MW · 17:30
Charged
14,311MWh
peak 1,966 MW
Net
-2,158MWh
discharge − charge
Round-trip
85%
discharge / charge ratio

Interconnectors

Region (proxy) Net flow Direction changes Hours at limit
N-Q-MNSP1 +2.9 GWh 23
NSW1-QLD1 −18.2 GWh 20
VIC1-NSW1 +18.4 GWh 20
V-SA +1.2 GWh 26
T-V-MNSP1 −1.4 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
321.7k tCO₂
▲ 11.0% vs same day last week
Intensity by region
NSW 110.9k tCO₂ 0.552 tCO₂/MWh
QLD 92.0k tCO₂ 0.511 tCO₂/MWh
SA 3.4k tCO₂ 0.087 tCO₂/MWh
VIC 115.2k tCO₂ 0.730 tCO₂/MWh
TAS 122 tCO₂ 0.004 tCO₂/MWh