regional qld — QLD1
The Queensland spot price sits at $63.89/MWh at 06:30 AEST with total demand at 5,673.6 MW — a settled figure relative to the day's peak of around 7,376 MW reached during the morning demand ramp between 18:00 and 19:30 AEST. Reviewing the full 24-hour price history, Queensland traded at zero or negative prices through the overnight trough from roughly 08:00 to 14:30 AEST, before recovering sharply into the morning peak with dispatch prices regularly touching the $71–$73/MWh range between 17:00 and 18:30 AEST. The current $63.89/MWh represents the market settling into a softer post-peak band consistent with early evening conditions on a Saturday.
The generation mix at the current interval is heavily weighted to black coal at 2,215.7 MW, with hydro contributing 86.4 MW, gas OCGT at a negligible 0.16 MW, and solar at effectively zero (0.1 MW) as expected at this hour. Renewable penetration sits at just 3.76% — consistent with the post-solar, pre-wind profile seen throughout today's daytime intervals where the carbon history shows renewable contribution held between 3.3% and 3.8% from around 08:00 AEST onwards. Carbon intensity is 0.8469 tCO2/MWh, essentially flat since mid-morning; the overnight low of 0.6388 tCO2/MWh at around 10:30 AEST reflected a period of higher renewable penetration peaking near 27%.
Predispatch forecasts for the 07:00 AEST interval are consistently pointing to $52.75/MWh, with the 07:30 AEST half-hour forecast ranging $40–$53/MWh across successive runs — a clear signal of price softening as overnight demand falls away. Load window data confirms deeply negative prices are expected through the 08:30–15:30 AEST window, with some intervals forecast as low as -$35/MWh at 13:30 AEST and the deepest cluster around -$25/MWh to -$38/MWh between 12:00 and 14:00 AEST. Flexible loads and battery operators should treat the 08:00–15:00 AEST window as the primary charging and consumption opportunity today.
On market notices, AEMO has an active cluster of Manifestly Incorrect Inputs reviews under NER clause 3.9.2B covering intervals from 05:15 through to 06:10 AEST today, with the 05:50 AEST interval already confirmed unchanged. These reviews are routine in nature and no price revision has been applied to any resolved interval to date. A separate settlements residue notice (MN 140645) confirms the NRM_NSW1_VIC1 negative residue constraint on the NSW-to-Victoria interconnector ceased operating at 15:00 AEST yesterday — relevant for traders watching inter-regional flows but no direct Queensland price impact is indicated.