NEM
Daily NEM update for last 24h market signals
As at 16 July 2026, 5:34 am AEST
Forward Outlook
Daily NEM Analysis
The NEM average price rose to 91.10 dollars per megawatt hour as renewable generation contributed 39 percent of the total mix. Demand peaked across all regions during the evening window, with New South Wales reaching a maximum of 11,106 megawatts. South Australia saw the highest volatility with prices peaking at 227.30 dollars per megawatt hour.
Why it matters · The daily average of 91.10 dollars sits above the seven-day average of 85.71 dollars, reversing a recent downward trend observed over the previous four days. This price lift occurred despite a 2.8 percent reduction in emissions, as battery discharge and gas generation filled gaps during the evening demand peaks.
Today · Queensland is forecast to reach a peak pre-dispatch price of 319.04 dollars at 19:30 this evening.
NEM Market Notices
- #144455 RECLASSIFY CONTINGENCY
Cancellation of a Non-Credible Contingency Event: Eildon PS - Mt Beauty No.1 220 kV line and Eildon PS - Mt Beauty No.2 220 kV line in VIC1 due to Lightning.
- #144454 RECLASSIFY CONTINGENCY
Reclassification of a Non-Credible Contingency Event: Eildon PS - Mt Beauty No.1 220 kV line and Eildon PS - Mt Beauty No.2 220 kV line in VIC1 due to Lightning.
- #144453 NON-CONFORMANCE
NON-CONFORMANCE Region NSW1 Saturday, 11 July 2026
- See all 206 notices
Reserve & Outages
No major dispatchable outages forecast in the next 14 days.
Tenders
- CIS closed 4,000 MW
Australia's largest dispatchable-capacity auction to date — roughly 4 GW of four-hour-equivalent clean storage (about 16 GWh). Bids closed in February 2026; awards expected around mid-2026.
Closes 6 Feb 2026 - NSW LTESA closed 2,500 MW
NSW's biggest generation LTESA round yet — 2.5 GW of solar and wind. Adds a new hybrid-generation LTESA so renewables-plus-battery projects can bid as a single package. Registrations close 22 June 2026, bids 6 July; winners late 2026.
Closes 6 July 2026 - NSW LTESA closed 1,500 MW
Up to ~12 GWh of long-duration storage (8-hour-plus duration) from big batteries or pumped hydro, around 1.5 GW of power. Registrations close 22 June 2026, bids 6 July; winners late 2026, with assets due online by 2034.
Closes 6 July 2026 - CIS open 5,000 MW
Seeks 5 GW of renewable generation across the NEM, but excludes NSW this round. Carve-outs steer ~1.6 GW to Victoria and 300 MW to Tasmania, with 500 MW reserved for projects carrying First Nations equity. Winners due November 2026.
Closes 20 July 2026
No awards in the last 30 days
Connection Queue
No material change in the connection queue this month.
| Region | Solar | Wind | Battery | Other | Net |
|---|---|---|---|---|---|
| NSW | — | — | — | — | — |
| VIC | — | — | — | — | — |
| QLD | — | — | — | — | — |
| SA | — | — | — | — | — |
| TAS | — | — | — | — | — |
| Total | — | — | — | — | — |