Thursday 5 November 2026
Trading day 2026-11-05
South Australia reached a minimum price of -$325.4/MWh
Tasmania recorded the highest regional average price of $112.2/MWh with zero negative intervals. South Australia recorded the lowest average at $46.0/MWh, with prices below zero for 18.7 hours. Queensland and Victoria recorded negative prices for 17.3 and 15.8 hours respectively. No regions recorded cap intervals.
Queensland recorded the highest demand peak of 9361 MW at 17:40. New South Wales demand peaked at 8308 MW at 19:05, while Victoria reached 5997 MW at 06:40.
Coal accounted for 42.0 per cent of the generation mix, followed by rooftop solar at 21.1 per cent and wind at 12.5 per cent. Utility solar provided 12.1 per cent and hydro 6.7 per cent. Batteries discharged 22327 MWh with a net position of -1532 MWh.
FCAS costs were highest for the regulation raise service at $40327, peaking at $63/MW in Tasmania. Total NEM emissions were 273173 tonnes of carbon dioxide, 7.2 per cent below the same weekday last week.
Today · Pre-dispatch forecasts show prices peaking at $123.88/MWh in New South Wales and $117.71/MWh in Queensland at 21:30.
In context · The South Australian average price of $46.0/MWh was above its seven-day average of $44.0/MWh, ranking fourth for the week. The Tasmanian average of $112.2/MWh was above its seven-day average of $77.2/MWh and higher than the $87.19/MWh recorded on the same weekday last week.
Prices
Trading day · 04:00 → 04:00 AEST · 30-min average
| Region | Avg | VWAP | Min | Max | Neg | Cap |
|---|---|---|---|---|---|---|
| NSW | $62 | $73 | -$24 | $137 | 102 | 0 |
| QLD | $57 | $64 | -$11 | $128 | 208 | 0 |
| SA | $46 | $103 | -$325 | $191 | 224 | 0 |
| VIC | $61 | $70 | -$54 | $163 | 190 | 0 |
| TAS | $112 | $112 | $60 | $150 | 0 | 0 |
Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.
Demand
FCAS
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $7,894 | 0 | $18 | 5 Nov, 16:50 |
| LOWERREG | $1,871 | 0 | $35 | 5 Nov, 16:50 |
| LOWER60SEC | $214 | 0 | $0 | 5 Nov, 16:05 |
| RAISE60SEC | $186 | 0 | $0 | 5 Nov, 08:20 |
| RAISE6SEC | $177 | 0 | $0 | 5 Nov, 06:25 |
| LOWER5MIN | $98 | 0 | $2 | 5 Nov, 16:20 |
| RAISE5MIN | $61 | 0 | $0 | 5 Nov, 08:10 |
| LOWER6SEC | $56 | 0 | $0 | 5 Nov, 15:40 |
| Total | $10,557 | |||
Cost = NSW RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| LOWERREG | $10,040 | 0 | $35 | 5 Nov, 16:50 |
| RAISEREG | $8,435 | 0 | $18 | 5 Nov, 16:50 |
| LOWER6SEC | $6,856 | 0 | $6 | 5 Nov, 12:45 |
| LOWER60SEC | $5,530 | 0 | $6 | 5 Nov, 12:35 |
| LOWER5MIN | $747 | 0 | $2 | 5 Nov, 16:20 |
| RAISE6SEC | $134 | 0 | $0 | 5 Nov, 06:25 |
| RAISE60SEC | $103 | 0 | $0 | 5 Nov, 06:25 |
| RAISE5MIN | $38 | 0 | $0 | 5 Nov, 08:25 |
| Total | $31,883 | |||
Cost = QLD RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $5,963 | 0 | $18 | 5 Nov, 16:50 |
| LOWERREG | $2,310 | 0 | $35 | 5 Nov, 16:50 |
| RAISE60SEC | $165 | 0 | $0 | 5 Nov, 08:20 |
| LOWER60SEC | $142 | 0 | $0 | 5 Nov, 16:05 |
| RAISE6SEC | $135 | 0 | $0 | 5 Nov, 06:25 |
| LOWER5MIN | $100 | 0 | $2 | 5 Nov, 16:20 |
| RAISE5MIN | $72 | 0 | $0 | 5 Nov, 08:10 |
| LOWER6SEC | $60 | 0 | $0 | 5 Nov, 15:40 |
| Total | $8,948 | |||
Cost = VIC RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $4,506 | 0 | $18 | 5 Nov, 16:50 |
| LOWERREG | $3,872 | 0 | $35 | 5 Nov, 16:50 |
| LOWER60SEC | $390 | 0 | $0 | 5 Nov, 16:05 |
| LOWER5MIN | $327 | 0 | $2 | 5 Nov, 16:20 |
| RAISE6SEC | $258 | 0 | $0 | 5 Nov, 06:25 |
| RAISE60SEC | $251 | 0 | $0 | 5 Nov, 08:20 |
| LOWER6SEC | $194 | 0 | $0 | 5 Nov, 15:40 |
| RAISE5MIN | $71 | 0 | $0 | 5 Nov, 08:10 |
| Total | $9,869 | |||
Cost = SA RRP × cleared MW per 5-min interval.
| Service | Cost | Spikes | Peak | When |
|---|---|---|---|---|
| RAISEREG | $13,527 | 0 | $63 | 6 Nov, 01:40 |
| LOWERREG | $3,085 | 0 | $22 | 5 Nov, 18:20 |
| RAISE6SEC | $2,696 | 0 | $3 | 5 Nov, 08:00 |
| RAISE60SEC | $1,543 | 0 | $3 | 5 Nov, 12:35 |
| LOWER6SEC | $638 | 0 | $20 | 5 Nov, 18:20 |
| LOWER60SEC | $125 | 0 | $0 | 5 Nov, 06:10 |
| RAISE5MIN | $22 | 0 | $0 | 5 Nov, 06:25 |
| LOWER5MIN | $15 | 0 | $1 | 5 Nov, 18:20 |
| Total | $21,650 | |||
Cost = TAS RRP × cleared MW per 5-min interval.
Battery dispatch
Peak moment
Fleet discharged 1,468 MW at 20:30 as NSW spot hit $115/MWh.
Peak moment
Fleet discharged 1,573 MW at 19:30 as QLD spot hit $118/MWh.
Peak moment
Fleet discharged 820 MW at 06:00 as VIC spot hit $86/MWh.
Peak moment
Fleet discharged 451 MW at 07:00 as SA spot hit $109/MWh.
Peak moment
Fleet discharged 3,444 MW at 20:30 as TAS spot hit $113/MWh.
Fleet net dispatch · spot-price overlay · 30-min average
Regional dispatch ranking
| Region | Discharged | Net |
|---|---|---|
#1NSW | 7,422MWh | -2,217 |
#2VIC | 6,384MWh | +1,641 |
#3QLD | 5,279MWh | -1,341 |
#4SA | 3,243MWh | +385 |
Generation Mix
- Coal39.2% · 84.8 GWh
- Gas0.2% · 0.5 GWh
- Hydro5.7% · 12.4 GWh
- Wind11.8% · 25.7 GWh
- Solar (utility)16.4% · 35.6 GWh
- Solar (rooftop)23.2% · 50.2 GWh
- Battery3.4% · 7.4 GWh
- Coal53.7% · 122.5 GWh
- Gas1.5% · 3.4 GWh
- Hydro3.8% · 8.7 GWh
- Wind6.3% · 14.4 GWh
- Solar (utility)12.9% · 29.5 GWh
- Solar (rooftop)19.4% · 44.2 GWh
- Battery2.3% · 5.3 GWh
- Coal45.7% · 72.6 GWh
- Gas1.3% · 2.1 GWh
- Hydro2.9% · 4.6 GWh
- Wind18.0% · 28.6 GWh
- Solar (utility)9.2% · 14.6 GWh
- Solar (rooftop)17.9% · 28.4 GWh
- Battery4.0% · 6.4 GWh
- Other1.0% · 1.6 GWh
- Gas22.0% · 8.0 GWh
- Wind23.3% · 8.5 GWh
- Solar (utility)2.2% · 0.8 GWh
- Solar (rooftop)42.5% · 15.4 GWh
- Battery8.9% · 3.2 GWh
- Other1.0% · 0.4 GWh
- Gas2.8% · 0.8 GWh
- Hydro67.9% · 19.1 GWh
- Wind20.8% · 5.9 GWh
- Solar (rooftop)8.5% · 2.4 GWh
Renewables
- NSW 56.2%
- VIC 54.3%
- QLD 48.2%
- SA 68.1%
- TAS 98.9%
Interconnectors
| Region (proxy) | Net flow | Direction changes | Hours at limit |
|---|---|---|---|
| N-Q-MNSP1 | +21.6 GWh | 16 | — |
| NSW1-QLD1 | −18.5 GWh | 16 | — |
| VIC1-NSW1 | +1.0 GWh | 32 | — |
| V-SA | −7.8 GWh | 50 | — |
| T-V-MNSP1 | +6.4 GWh | 3 | — |
Per-region net of NETINTERCHANGE proxied to a representative interconnector. Full per-interconnector decomposition + hours-at-limit needs DINTERCONNECTOR parsing (follow-up).
Emissions
| NSW | 74.0k tCO₂ | 0.334 tCO₂/MWh |
| QLD | 108.3k tCO₂ | 0.469 tCO₂/MWh |
| SA | 4.0k tCO₂ | 0.105 tCO₂/MWh |
| VIC | 86.3k tCO₂ | 0.539 tCO₂/MWh |
| TAS | 523 tCO₂ | 0.019 tCO₂/MWh |