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Market analysis of 24 January 2025

Regional demand in Queensland peaked at 10,896.53 MW at 17:45 on 24 January 2025. The day’s lowest observation was 6,655.30 MW at 03:35, so demand moved by 4,241.23 MW from trough to peak.

At the demand peak the wholesale price was AUD 245.62/MWh. The day’s highest price, AUD 3,997.49/MWh, came at 17:55, and the daily price average was AUD 120.64/MWh.

The Demand Profile Through The Day

The first chart traces five-minute demand and dispatchable generation in Queensland, in fixed UTC+10. The gap between the two lines reflects the region’s net interchange with its neighbours across the day.

Queensland Demand And Generation — 24 January 2025; 2025-01-24 | Five-Minute Observations | UTC+10
Regional demand and dispatchable generation in Queensland on 2025-01-24. Source: Network Map; MW, fixed UTC+10.

How The Five Regions Compared

The second chart compares each region’s peak demand for 24 January 2025. Queensland’s peak of 10,897 MW compares with New South Wales 8,445 MW, Victoria 5,565 MW, South Australia 1,632 MW, Tasmania 1,066 MW.

Peak Demand By Region On 24 January — 24 January 2025; 2025-01-24 | Highest Five-Minute Demand | MW
Peak regional demand by region on 2025-01-24. Source: Network Map; MW.

What The Day Means For Operations

For a battery operator, the question is where charging and discharging belonged within this curve. For a generator or retailer, the same timestamps show which intervals carried the most value or cost. Reviewing the day interval by interval keeps these signals visible where a daily average would hide them.

This analysis uses Network Map’s regional observations dated 24 January 2025. Prices are in Australian dollars per megawatt-hour, times use fixed UTC+10, and daily averages give equal weight to each five-minute observation.

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