regional qld — QLD1

The Queensland spot price sits at $64.83/MWh with total demand at 6,466 MW as of 06:30 AEST. Reviewing the past 24 hours, prices tracked a clear diurnal pattern: a sustained morning peak between 17:00–19:00 AEST (06:00–09:00 UTC) with multiple intervals above $95–$104/MWh, followed by an overnight trough where prices repeatedly touched zero or sub-$10/MWh through the 10:00–14:00 AEST window, before recovering through the afternoon and evening. The current $64.83/MWh sits broadly in line with the mid-range of that cycle, though well below the morning peak levels.

The generation mix is heavily weighted toward black coal, which is producing 2,448 MW. Hydro contributes 86 MW, gas OCGT is negligible at 0.06 MW, and solar is at zero output — consistent with the pre-dawn timestamp of the generation snapshot (06:25 AEST). Renewable penetration sits at just 3.54% at the latest carbon reading, reflecting the overnight/early-morning period when solar is absent and wind data is not separately itemised in the available mix. Carbon intensity registers at 0.8488 tCO2/MWh, broadly stable across the past several hours after falling as low as 0.6715 tCO2/MWh during the overnight period when demand dropped to around 4,500–4,600 MW and the generation mix shifted.

Predispatch forecasts point to a sharp price fall through the coming hours. The 07:00 AEST interval is forecast at $54.75/MWh, with the 07:30 AEST interval dropping to $22.81/MWh. Load window data indicates prices are expected to go negative from approximately 08:00 AEST, with clusters of negative pricing forecast through to at least 13:30 AEST (03:30 UTC) — bottoming as low as -$25/MWh in multiple intervals. This pattern mirrors the overnight behaviour and is consistent with solar generation ramping into a moderate-demand April morning. Flexible load operators and battery charging strategies should note the extended negative price window beginning around 08:00 AEST.

AEMO has issued a large number of active market notices under Clause 3.9.2B (Manifestly Incorrect Inputs) covering intervals from approximately 00:00 through to 06:20 AEST today. Two of those intervals — 03:25 and 02:25 AEST — have since been reviewed and confirmed with prices unchanged. Several intervals from 05:25 through 06:20 AEST remain under active review and are not yet confirmed. Traders with positions in those intervals should treat settlement prices as provisional until AEMO completes its review. No region-specific curtailment or network constraint notices are present in the current dataset.