Victoria electricity price today
NEM Victoria used today
81,450MWhD
Metered to · ticking at the last metered rate
5-min real-time price 94.32M AUD/MWh · RT5
Now
5-min real-time price
94.32M AUD/MWh
RT5 ·
Demand
4530M MW
Last 24 hours
Min 0.01, max 126.86, latest 94.32 AUD/MWh. Line breaks mark gaps longer than two reporting intervals.
Baseline building: 1 of 28 days.
Min 4131, max 5938, latest 4530 MW. Line breaks mark gaps longer than two reporting intervals.
Baseline building: 1 of 28 days.
Generation mix
This market publishes no generation mix.
About this market
Victoria is the VIC1 region of the National Electricity Market. The page reports AEMO’s five-minute regional price and the regional demand figure for the state. Victoria sits in the middle of the southern grid, with links north to New South Wales, west to South Australia and across Bass Strait to Tasmania, so it often acts as a conduit that passes cheap or scarce power from one neighbour to another.
Its identity in the market is set by its links. AEMO gives the Heywood interconnector a nominal design limit of up to 650 MW in either direction, and describes Murraylink as a 220 MW DC cable. When those cables, or the Basslink cable to Tasmania, are full or limited, Victorian prices can separate from those of its neighbours, which makes the regional price a useful signal of where transfer limits bind.
Wind and rooftop solar add variability. A cold, still evening with a unit out can lift prices sharply; a windy spring day can push them below zero.
NEM time is AEST, ten hours ahead of UTC, while Victoria’s local clocks run an hour ahead of that whenever daylight saving applies, so local time and market time differ for part of the year. Prices are five-minute dispatch prices in Australian dollars. We do not show a generation mix for Victoria.
Source
Source
AEMO (AU) · licence · Source: Australian Energy Market Operator (AEMO), NEMWEB · fetched ·
Fuel mix not collected until AEMO's own Registration and Exemption List is available (Cowork 2026-10-23).
Facts
- VIC1 is the NEM region for Victoria; it connects to NSW, South Australia (Heywood and Murraylink) and Tasmania (Basslink).
- AEMO gives the Heywood interconnector a nominal design limit of up to 650 MW in either direction, and describes Murraylink as a 220 MW DC cable. Source: AEMO
- Victoria's local standard time is AEST (UTC+10), the same as NEM market time; when daylight saving applies, local clocks run one hour ahead of it. Source: Bureau of Meteorology Source: AEMO
- Prices are five-minute dispatch prices with file timestamps at interval end; the market has used five-minute settlement since 1 October 2021. Source: AEMC
- The market price cap for 2026-27 is A$23,200/MWh. Source: AEMC
- The Basslink cable to Tasmania is rated at 500 MW nominal and lands in Victoria at McGaurans Beach. Source: APA
- Currency: Australian dollars (AUD).
Other markets
5-min real-time price in other markets
- NEM New South Wales: 102.39M AUD/MWh
- NEM Queensland: 91.28M AUD/MWh
- NEM South Australia: 103.80M AUD/MWh
- NEM Tasmania: 97.52M AUD/MWh
Demand in other markets
- Great Britain: 25140M MW
- Denmark: 5954D MW
- NEM New South Wales: 6547M MW
- NEM Queensland: 5836M MW
- NEM South Australia: 1245M MW
- NEM Tasmania: 878M MW
- Taiwan: 26238M MW
- ERCOT (Texas): 44674M MWhourly · EIA-930 preliminary · delayed
- PJM Interconnection: 78578M MWhourly · EIA-930 preliminary · delayed
- MISO: 61910M MWhourly · EIA-930 preliminary · delayed
- ISO New England: 11022M MWhourly · EIA-930 preliminary · delayed
- Southwest Power Pool (SPP): 26473M MWhourly · EIA-930 preliminary · delayed
Cite this
SolarCostData Data Desk (2026). NEM Victoria electricity data, solarcostdata.com/markets/vic/, accessed 2026-10-25. Source data: Source: Australian Energy Market Operator (AEMO), NEMWEB.
Download last 24 h: data.csv · data.json (CC BY 4.0 (our figures); source data: Source: Australian Energy Market Operator (AEMO), NEMWEB)
Not for trading or operational decisions. Provisional data.