NEM
NEM Daily analysis

Friday 15 May 2026

Trading day 2026-05-15

Prices

Trading day · 04:00 → 04:00 AEST

NSW VIC QLD SA TAS
-$10 $23 $55 $88 $120 04:00 10:00 16:00 22:00 04:00
Region Avg VWAP Min Max Neg Cap
NSW $59 $60 $10 $100 0 0
QLD $58 $61 -$2 $102 0 0
SA $42 $43 -$5 $113 3 0
VIC $34 $37 -$27 $91 11 0
TAS $93 $93 $60 $139 0 0

Demand

NSW
Peak
9,112MW
17:55
Trough
6,292MW
04:00
Energy
365.4GWh
QLD
Peak
7,513MW
17:50
Trough
4,605MW
10:35
Energy
288.6GWh
SA
Peak
1,798MW
18:10
Trough
1,226MW
04:00
Energy
73.0GWh
VIC
Peak
6,406MW
07:45
Trough
3,733MW
12:55
Energy
236.2GWh
TAS
Peak
1,301MW
07:55
Trough
908MW
02:40
Energy
51.3GWh

Generation Mix

TOP FUEL 62.7%
  • Coal62.7% · 123.8 GWh
  • Gas0.5% · 1.1 GWh
  • Hydro3.7% · 7.2 GWh
  • Wind10.2% · 20.2 GWh
  • Solar (utility)11.7% · 23.0 GWh
  • Solar (rooftop)9.4% · 18.5 GWh
  • Battery1.9% · 3.7 GWh
TOP FUEL 52.8%
  • Coal52.8% · 97.4 GWh
  • Gas3.7% · 6.8 GWh
  • Hydro3.0% · 5.6 GWh
  • Wind15.2% · 28.1 GWh
  • Solar (utility)10.5% · 19.4 GWh
  • Solar (rooftop)12.4% · 22.8 GWh
  • Battery2.3% · 4.3 GWh
TOP FUEL 49.8%
  • Coal49.8% · 78.6 GWh
  • Gas0.2% · 0.4 GWh
  • Hydro2.7% · 4.3 GWh
  • Wind32.4% · 51.2 GWh
  • Solar (utility)3.3% · 5.2 GWh
  • Solar (rooftop)9.1% · 14.3 GWh
  • Battery2.5% · 3.9 GWh
TOP FUEL 86.2%
  • Gas3.9% · 1.9 GWh
  • Wind86.2% · 40.8 GWh
  • Solar (utility)2.0% · 1.0 GWh
  • Solar (rooftop)4.8% · 2.3 GWh
  • Battery3.1% · 1.5 GWh
TOP FUEL 76.9%
  • Hydro76.9% · 20.0 GWh
  • Wind20.0% · 5.2 GWh
  • Solar (rooftop)3.1% · 0.8 GWh
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:009.8 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:009.9 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:007.9 GW 0
gasbattery dischargewindsolar utilitysolar rooftopBattery (charge)
23:3005:3711:4517:5200:002.5 GW 0
hydrowindsolar rooftop
23:3005:3711:4517:5200:001.4 GW 0

Renewables

NSW · Daily renewable share
27.7%
VIC · Daily renewable share
48.6%
QLD · Daily renewable share
37.0%
SA · Daily renewable share
109.6%
TAS · Daily renewable share
88.5%
Peak instantaneous
57.9%
at 11:20
Daily NEM-wide share
44.3%
By region (daily share)
  • NSW
    27.7%
  • VIC
    48.6%
  • QLD
    37.0%
  • SA
    109.6%
  • TAS
    88.5%

FCAS

ServiceCostSpikesPeakWhen
RAISEREG$6,6380$1515 May, 16:10
LOWERREG$1,7510$1615 May, 14:30
RAISE6SEC$2330$015 May, 07:15
RAISE60SEC$2210$015 May, 07:15
LOWER60SEC$1900$115 May, 14:40
LOWER5MIN$1110$015 May, 15:00
LOWER6SEC$960$115 May, 15:00
RAISE5MIN$670$015 May, 09:30
Total$9,306

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

ServiceCostSpikesPeakWhen
LOWER60SEC$22,3840$1115 May, 09:35
LOWER6SEC$20,8860$915 May, 10:45
LOWER5MIN$7,8050$615 May, 09:05
RAISEREG$5,7030$1515 May, 16:10
LOWERREG$2,8810$1615 May, 14:30
RAISE6SEC$3750$015 May, 17:00
RAISE60SEC$2910$015 May, 17:10
RAISE5MIN$830$015 May, 19:35
Total$60,408

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

ServiceCostSpikesPeakWhen
RAISEREG$12,9950$1515 May, 16:10
LOWERREG$4,5460$1615 May, 14:30
RAISE60SEC$3850$015 May, 07:15
RAISE6SEC$3010$015 May, 07:15
LOWER60SEC$2030$115 May, 14:40
RAISE5MIN$1160$015 May, 09:30
LOWER6SEC$530$115 May, 15:00
LOWER5MIN$300$015 May, 15:00
Total$18,629

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

ServiceCostSpikesPeakWhen
LOWERREG$4,4790$1615 May, 14:30
RAISEREG$3,5190$1515 May, 16:10
RAISE6SEC$1580$015 May, 07:15
RAISE60SEC$1340$015 May, 07:15
LOWER60SEC$1100$115 May, 14:40
LOWER6SEC$460$115 May, 15:00
LOWER5MIN$370$015 May, 15:00
RAISE5MIN$360$015 May, 09:30
Total$8,520

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

ServiceCostSpikesPeakWhen
RAISEREG$10,9670$916 May, 00:35
LOWER6SEC$4,3110$315 May, 16:35
LOWERREG$3,8260$415 May, 08:50
RAISE6SEC$3,2040$515 May, 07:55
RAISE60SEC$1,6340$315 May, 06:35
LOWER60SEC$1,1950$115 May, 14:40
RAISE5MIN$2120$015 May, 04:15
LOWER5MIN$980$015 May, 15:00
Total$25,447

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

Battery dispatch

Discharged
3,741MWh
peak 770 MW · 18:00
Charged
6,251MWh
peak 1,130 MW
Net
-2,510MWh
discharge − charge
Round-trip
60%
discharge / charge ratio
Discharged
4,306MWh
peak 955 MW · 18:00
Charged
5,884MWh
peak 1,089 MW
Net
-1,579MWh
discharge − charge
Round-trip
73%
discharge / charge ratio
Discharged
3,929MWh
peak 851 MW · 18:00
Charged
4,734MWh
peak 988 MW
Net
-805MWh
discharge − charge
Round-trip
83%
discharge / charge ratio
Discharged
1,461MWh
peak 293 MW · 18:30
Charged
1,867MWh
peak 408 MW
Net
-406MWh
discharge − charge
Round-trip
78%
discharge / charge ratio
NEM-wide
Discharged
13,437MWh
peak 2,830 MW · 18:00
Charged
18,736MWh
peak 2,789 MW
Net
-5,299MWh
discharge − charge
Round-trip
72%
discharge / charge ratio

Interconnectors

Region (proxy) Net flow Direction changes Hours at limit
N-Q-MNSP1 +7.6 GWh 26
NSW1-QLD1 −30.8 GWh 8
VIC1-NSW1 +28.4 GWh 12
V-SA +6.6 GWh 21
T-V-MNSP1 −7.4 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
291.8k tCO₂
▲ 2.2% vs same day last week
Intensity by region
NSW 109.9k tCO₂ 0.561 tCO₂/MWh
QLD 88.6k tCO₂ 0.485 tCO₂/MWh
SA 1.1k tCO₂ 0.022 tCO₂/MWh
VIC 92.3k tCO₂ 0.588 tCO₂/MWh
TAS 0 tCO₂ 0.000 tCO₂/MWh