At the time of writing on Tuesday (approximately 9:00am NEM time or 9:30am local time), temperatures in Adelaide have already climbed to around 43°C, helping keep demand high through the early hours. Earlier this morning, the SA region saw several brief price spikes between around 06:00 and 06:35, followed by two dispatch intervals of high prices around $14,000/MWh later in the morning, at 08:15 and 08:20 NEM time respectively.
Source: ez2views Trading Prices widget (left) and SA Schematic widget (right).
Dan is a Market Analyst, who joined Global-Roam in June 2013.
He departed (and returned) for a couple of brief stints overseas, before rejoining the team permanently in late 2019. Alongside his work at Global-Roam, he has undertaken short-term contract roles as an analyst and researcher in various areas of the energy sector. Dan graduated from the Master of Sustainable Energy program at the University of Queensland in 2024.
My ‘elevated prices’ alerts have been quiet for a lengthy period (apart from the odd spikes for FCAS in Tasmania). So a string of alerts for prices > $500/MWh in QLD and NSW, and later SA (on Fri 9th Oct 2026) are worth noting.
We noted yesterday (Wednesday 10th June) that NEM-wide demand climbed past 32,000MW for the first time this winter.
The following evening saw demand climb to similar levels (a peak of 32,054MW at 18:20 – so 35MW higher than the previous night). However the situation on Thursday night was different in two key ways…
Some quick notes about a price spike in QLD today.
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