regional qld — QLD1
The spot price in Queensland sits at $71.69/MWh with total demand at 6,426 MW as of 06:35 AEST. That figure is well below the morning peak that cleared between $92–$117/MWh during the 17:00–19:00 AEST window, and represents a meaningful easing from the $233/MWh print seen at the start of the price history window around 06:35 the previous morning. The 24-hour price arc has been textbook: a sharp overnight collapse to negative territory (troughing at -$3.20/MWh through the 11:00–13:00 AEST period), a strong morning ramp peaking above $117/MWh around 17:30 AEST, and a gradual retreat through the afternoon and evening back toward current levels.
The generation mix at the most recent dispatch interval is dominated by black coal at 2,460.88 MW, with hydro contributing 86.41 MW, solar at 2.3 MW, and gas OCGT at a negligible 0.06 MW. Renewable penetration sits at just 3.48% — a sharp contrast to the overnight period where renewables reached 20–22% as coal output eased during low-demand hours. Carbon intensity is 0.8494 tCO2/MWh, which has been broadly stable since around 07:30 AEST after rising from an overnight low of 0.6967 tCO2/MWh. The intensity plateau across the business day reflects the generation mix holding relatively steady as demand tracked between 7,200 and 8,200 MW through the morning and then declined into the afternoon.
Predispatch forecasts for the 07:00 AEST half-hour target are converging tightly at $64.83/MWh, with the most recent runs issued around 06:00–06:30 AEST pointing to $64.83/MWh. The 06:30 AEST target is showing $57.24–$57.56/MWh in the latest predispatch runs, indicating further price softening is expected as demand continues to ease toward the overnight trough. Load window signals for the coming hours are uniformly rated "excellent," with indicative prices ranging from near-zero down to -$25/MWh in the 12:00–13:30 AEST window, consistent with the structural overnight oversupply pattern seen across this week.
No active market notices directly affect Queensland generation or transmission today. The most recent QLD1-specific notice (141084) cancelled a lightning-related contingency reclassification on the Chalumbin–Turkinje 132 kV lines on 14 April, and that event has since resolved. A completed inter-regional transfer notice (141090) confirmed the Avon–Marulan 16 330 kV NSW line returned to service at 14:50 AEST yesterday, removing a constraint that had applied since 07:00 AEST. Several contingency reclassification events in VIC1 and TAS1 related to lightning activity across yesterday are all either cancelled or without QLD-facing constraint sets invoked, so there is no material inter-regional flow restriction bearing on Queensland pricing at this time.