NEM

Daily NEM update for last 24h market signals

As at 17 May 2026, 5:32 am AEST

Full daily analysis by state NEM archive

Today's Pulse

Market Pulse
Avg Price
$68 /MWh
▼ 13.4% vs 7d
Avg Demand
19.7 GW
558.8 GWh generated
Renewable
40.8%
of generation
Emissions
0.503 t/MWh
CO₂ intensity
7d Price Trend
$58–$87 $/MWh
NSW $69 QLD $70 SA $66 VIC $40 TAS $94
Data: Open Electricity API (CC BY-NC 4.0)

NEM Market Notices

Yesterday in the NEM

Price Range
$-12 to $189
VIC10:50 · SA23:10
Negative Intervals
20 30-min
led by VIC (20)
Top Fuel
Coal
50.6% of energy
FCAS Spikes
0 5-min
no spikes >$1k
View full analysis Saturday 16 May

Forward Outlook

Reserve status · next 7 days
NSW
OK
VIC
OK
QLD
LOR2 projected
from Tue, 19 May, 07:30
SA
OK
TAS
OK
Planned dispatchable outages · next 14 days

No major dispatchable outages forecast in the next 14 days.

Source: AEMO ST PASA · OpenElectricity · Market Notices

Connection Queue

Baseline · May 2026

First snapshot recorded — month-over-month deltas start next month.

Region SolarWindBatteryOther Net
NSW 22.3 GW 45.9 GW 64.4 GW 25.9 GW 158.4 GW
VIC 7.9 GW 39.2 GW 31.8 GW 5.1 GW 84.0 GW
QLD 28.3 GW 40.0 GW 61.8 GW 18.8 GW 148.8 GW
SA 7.1 GW 4.1 GW 18.8 GW 1.1 GW 31.0 GW
TAS 1.2 GW 5.5 GW 829 MW 4.1 GW 11.7 GW
Total 66.8 GW 134.6 GW 177.5 GW 55.1 GW 434.1 GW
Source: AEMO Generator Information Page

LGC + ACCU

Renewable + Carbon Certificates
Quarter
Q1 2026
Data as at 31 Mar 2026
LGCs Issued
17.2M +2.2%
vs Q4 2025 (16.9M)
ACCUs Issued
5.5M −18.4%
vs Q4 2025 (6.7M)
ACCUs Surrendered
8.8M +357.1%
+ 2.6M SMC
LGCs by tech · Q1 2026
Wind
9.6M
Solar
6.8M
Biomass
574k
Hydro
220k
Annual · 2025
LGCs issued 59.7M
ACCUs issued 21.7M
Source: Clean Energy Regulator — Quarterly Carbon Market Report