Annual count of 30-minute prices above $5,000/MWh

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Data

Financial year	Queensland (Number of trading intervals)	New South Wales (Number of trading intervals)	Victoria (Number of trading intervals)	South Australia (Number of trading intervals)	Tasmania (Number of trading intervals)	Snowy (Number of trading intervals)
2001-02	3	5	0	0		0
2002-03	7	5	2	0		2
2003-04	8	7	0	1		6
2004-05	1	10	0	4		6
2005-06	9	20	5	1	5	6
2006-07	15	19	6	2	0	13
2007-08	18	1	2	52	0	3
2008-09	2	9	13	28	16
2009-10	9	21	17	47	1
2010-11	8	14	3	9	6
2011-12	0	1	0	0	0
2012-13	1	0	3	0	0
2013-14	0	1	1	3	0
2014-15	16	0	0	0	0
2015-16	0	3	2	1	0
2016-17	14	7	0	15	0
2017-18	0	0	6	9	0
2018-19	0	0	16	16	0
2019-20	0	11	12	7	0
2020-21	8	13	3	10	0
2021-22	36	7	3	17	9
2022-23	17	8	0	20	4

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Information

Sector:

Electricity

Segment:

Wholesale

Category:

Electricity spot prices

AER reference:

11048184

Source:

AER; AEMO

Overview:

This figure shows the annual number of 30-minute intervals where the spot price for electricity has exceeded $5,000/MWh. Under the Electricity Rules, the AER is required to publish reports into significant price outcomes in the NEM. The AER publishes these reports when the 30-minute price exceeds $5,000/MWh.

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