NEM
NEM Daily analysis

Friday 13 November 2026

Trading day 2026-11-13

Market Snapshot

The NEM average price reached $172.3/MWh

Regional average prices ranged from $136.7/MWh in QLD to $188.1/MWh in SA. SA and QLD each recorded 1.0 negative hour, while VIC had 0.2 negative hours. No region recorded cap hours.

NSW recorded a demand peak of 9286 MW at 16:35. Coal accounted for 48.6 per cent of the generation mix, and the renewable share was 40.3 per cent. Batteries discharged 19,124 MWh with a net output of 2846 MWh.

FCAS costs were highest for the raise regulation service at $50,552, with no spikes recorded. Total emissions were 331,478 tCO2.

AEMO issued a forecast LOR1 notice for TAS at 15:14. AEMO issued a forecast LOR2 notice for TAS at 20:34.

Today · Pre-dispatch forecasts show NSW reaching $7877.9/MWh at 15:00.

In context · The NEM average price of $172.3/MWh was $87.9/MWh above the seven-day average and above the $48.4/MWh recorded on the same weekday last week. The SA average of $188.1/MWh was $102.1/MWh above its seven-day average, ranking first in a range of -$8.3/MWh to $188.1/MWh.

NSW $184VIC $184QLD $137SA $188TAS $169
Numbers-only recap · gemini-3.1-pro-preview

Prices

Trading day · 04:00 → 04:00 AEST · 30-min average

NSW VIC QLD SA TAS
$0 $78 $155 $233 $310 $0 $78 $155 $233 $310 $0 $60 $120 $180 $240 -$20 $68 $155 $243 $330 $0 $70 $140 $210 $280 05:00 11:00 17:00 23:00 05:00
Region Avg VWAP Min Max Neg Cap
NSW $184 $186 $104 $300 0 0
QLD $137 $140 -$13 $234 12 0
SA $188 $194 -$54 $365 12 0
VIC $184 $186 -$0 $306 2 0
TAS $169 $170 $73 $278 0 0

Min · Max are 5-minute dispatch extremes; the price chart plots 30-minute averages, so its peak reads lower.

Demand

NSW
Peak
9,286MW
17:35
Trough
5,896MW
12:30
Energy
359.4GWh
QLD
Peak
8,598MW
18:05
Trough
5,966MW
04:55
Energy
328.6GWh
SA
Peak
1,644MW
11:40
Trough
796MW
16:00
Energy
64.1GWh
VIC
Peak
6,058MW
11:20
Trough
4,320MW
05:00
Energy
254.6GWh
TAS
Peak
1,157MW
07:55
Trough
845MW
13:45
Energy
47.8GWh

FCAS

ServiceCostSpikesPeakWhen
RAISEREG$7,5950$1913 Nov, 13:30
LOWERREG$1,3990$913 Nov, 15:20
RAISE6SEC$3800$013 Nov, 07:35
RAISE60SEC$3300$013 Nov, 07:40
RAISE5MIN$950$013 Nov, 07:35
LOWER60SEC$650$013 Nov, 15:30
LOWER5MIN$430$013 Nov, 15:40
LOWER6SEC$400$013 Nov, 15:40
Total$9,946

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

ServiceCostSpikesPeakWhen
LOWER6SEC$26,2940$5013 Nov, 14:00
LOWER60SEC$21,3810$7713 Nov, 14:45
RAISEREG$14,6750$1913 Nov, 13:30
LOWER5MIN$13,9630$4013 Nov, 14:45
LOWERREG$8,6140$4413 Nov, 14:45
RAISE6SEC$3060$014 Nov, 02:55
RAISE60SEC$2240$014 Nov, 02:55
RAISE5MIN$680$014 Nov, 00:20
Total$85,525

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

ServiceCostSpikesPeakWhen
RAISEREG$7,3590$1913 Nov, 13:30
LOWERREG$1,8740$913 Nov, 15:20
RAISE6SEC$5430$013 Nov, 07:35
RAISE60SEC$5170$013 Nov, 07:40
RAISE5MIN$1460$013 Nov, 07:35
LOWER60SEC$340$013 Nov, 15:30
LOWER5MIN$280$013 Nov, 15:40
LOWER6SEC$210$013 Nov, 15:40
Total$10,522

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

ServiceCostSpikesPeakWhen
RAISEREG$11,7770$1913 Nov, 13:30
LOWERREG$5,2100$913 Nov, 15:20
RAISE6SEC$5700$013 Nov, 07:35
RAISE60SEC$5150$013 Nov, 07:40
RAISE5MIN$1230$013 Nov, 07:35
LOWER60SEC$570$013 Nov, 15:30
LOWER6SEC$420$013 Nov, 15:40
LOWER5MIN$340$013 Nov, 15:40
Total$18,328

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

ServiceCostSpikesPeakWhen
RAISEREG$9,1460$4813 Nov, 08:55
RAISE6SEC$8,4860$14913 Nov, 16:20
LOWERREG$5,6460$413 Nov, 16:05
LOWER6SEC$1940$313 Nov, 16:30
LOWER60SEC$1920$313 Nov, 16:30
RAISE60SEC$1350$013 Nov, 16:15
RAISE5MIN$110$013 Nov, 16:30
LOWER5MIN$80$113 Nov, 16:30
Total$23,817

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

Battery dispatch

Peak moment

Fleet discharged 997 MW at 20:30 as NSW spot hit $191/MWh.

Peak moment

Fleet discharged 1,074 MW at 20:00 as QLD spot hit $184/MWh.

Peak moment

Fleet discharged 793 MW at 20:30 as VIC spot hit $176/MWh.

Peak moment

Fleet discharged 229 MW at 21:30 as SA spot hit $178/MWh.

Peak moment

Fleet discharged 2,892 MW at 20:30 as TAS spot hit $166/MWh.

Discharged
7,729MWh
peak 997 MW · 20:30
Charged
6,102MWh
peak 1,030 MW
Net
+1,628MWh
discharge − charge
Round-trip
127%
discharge / charge ratio
Discharged
5,034MWh
peak 1,074 MW · 20:00
Charged
5,710MWh
peak 917 MW
Net
-677MWh
discharge − charge
Round-trip
88%
discharge / charge ratio
Discharged
4,560MWh
peak 793 MW · 20:30
Charged
2,784MWh
peak 749 MW
Net
+1,777MWh
discharge − charge
Round-trip
164%
discharge / charge ratio
Discharged
1,801MWh
peak 229 MW · 21:30
Charged
1,683MWh
peak 348 MW
Net
+118MWh
discharge − charge
Round-trip
107%
discharge / charge ratio
NEM-wide
Discharged
19,124MWh
peak 2,892 MW · 20:30
Charged
16,279MWh
peak 2,101 MW
Net
+2,846MWh
discharge − charge
Round-trip
117%
discharge / charge ratio

Fleet net dispatch · spot-price overlay · 30-min average

Net MWdischarge ↑ · charge ↓NSWQLDVICSATAS$/MWh
-4.0 GW-2.0 GW0 MW2.0 GW4.0 GW-$100$0$100$200$300$40000:3007:3714:4521:5205:00

Regional dispatch ranking

RegionDischargedNet
#1NSW
7,729MWh
+1,628
#2QLD
5,034MWh
-677
#3VIC
4,560MWh
+1,777
#4SA
1,801MWh
+118

Generation Mix

TOP FUEL 52.3%
  • Coal52.3% · 108.7 GWh
  • Gas4.4% · 9.2 GWh
  • Hydro5.7% · 11.8 GWh
  • Wind8.1% · 16.9 GWh
  • Solar (utility)9.0% · 18.8 GWh
  • Solar (rooftop)15.5% · 32.1 GWh
  • Battery3.7% · 7.7 GWh
  • Other1.3% · 2.6 GWh
TOP FUEL 57.6%
  • Coal57.6% · 129.0 GWh
  • Gas3.6% · 8.1 GWh
  • Hydro3.0% · 6.8 GWh
  • Wind8.4% · 18.8 GWh
  • Solar (utility)10.5% · 23.5 GWh
  • Solar (rooftop)14.5% · 32.4 GWh
  • Battery2.2% · 5.0 GWh
  • Other0.1% · 0.3 GWh
TOP FUEL 54.8%
  • Coal54.8% · 79.8 GWh
  • Gas12.7% · 18.5 GWh
  • Hydro10.2% · 14.8 GWh
  • Wind6.7% · 9.8 GWh
  • Solar (utility)3.6% · 5.2 GWh
  • Solar (rooftop)7.6% · 11.1 GWh
  • Battery3.1% · 4.6 GWh
  • Other1.2% · 1.8 GWh
TOP FUEL 49.2%
  • Gas49.2% · 20.7 GWh
  • Wind27.9% · 11.7 GWh
  • Solar (utility)4.7% · 2.0 GWh
  • Solar (rooftop)13.6% · 5.7 GWh
  • Battery4.3% · 1.8 GWh
  • Other0.3% · 0.1 GWh
TOP FUEL 90.5%
  • Hydro90.5% · 30.5 GWh
  • Wind5.1% · 1.7 GWh
  • Solar (rooftop)4.4% · 1.5 GWh
coalgashydrobattery dischargewindsolar utilitysolar rooftopotherBattery (charge)
00:3006:3712:4518:5201:0012.1 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopotherBattery (charge)
00:3006:3712:4518:5201:0011.9 GW 0
coalgashydrobattery dischargewindsolar utilitysolar rooftopotherBattery (charge)
00:3006:3712:4518:5201:006.9 GW 0
gasbattery dischargewindsolar utilitysolar rooftopotherBattery (charge)
00:3006:3712:4518:5201:002.4 GW 0
hydrowindsolar rooftop
00:3006:3712:4518:5201:001.6 GW 0

Renewables

NSW · Daily renewable share
38.7%
VIC · Daily renewable share
31.3%
QLD · Daily renewable share
42.5%
SA · Daily renewable share
52.7%
TAS · Daily renewable share
125.5%
Peak instantaneous
61.2%
at 13:20
Daily NEM-wide share
40.3%
By region (daily share)
  • NSW
    38.7%
  • VIC
    31.3%
  • QLD
    42.5%
  • SA
    52.7%
  • TAS
    125.5%

Interconnectors

Region (proxy) Net flow Direction changes Hours at limit
N-Q-MNSP1 +25.2 GWh 0 —
NSW1-QLD1 −32.5 GWh 12 —
VIC1-NSW1 −5.8 GWh 38 —
V-SA +3.7 GWh 17 —
T-V-MNSP1 +12.9 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
331.5k tCO₂
▲ 23.4% vs same day last week
Intensity by region
NSW 99.4k tCO₂ 0.472 tCO₂/MWh
QLD 117.1k tCO₂ 0.518 tCO₂/MWh
SA 10.3k tCO₂ 0.238 tCO₂/MWh
VIC 104.7k tCO₂ 0.719 tCO₂/MWh
TAS 0 tCO₂ 0.000 tCO₂/MWh