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Market analysis of 18 June 2025

Victoria recorded a wholesale electricity price high of AUD 3,758.92/MWh at 17:25 on 18 June 2025 and a low of AUD 120.01/MWh at 00:05. The arithmetic average across its 288 five-minute observations was AUD 316.73/MWh.

Across the day, 65 observations were at or above AUD 300/MWh, a total of 5.4 hours. The spread between the highest and lowest prices was AUD 3,638.91/MWh.

The Five-Minute Price Curve

The first chart shows each five-minute price for Victoria through the day, with times in fixed UTC+10. Timing matters for any operator: a battery or flexible load gains from the gap between the cheapest and dearest intervals, while a generator’s result depends on when its energy was delivered.

Victoria Wholesale Prices — 18 June 2025; 2025-06-18 | Five-Minute Prices | UTC+10
Wholesale prices in Victoria on 2025-06-18. Source: Network Map; AUD/MWh, fixed UTC+10.

How The Five Regions Compared

Daily average prices in the other regions were: South Australia AUD 312.00/MWh, New South Wales AUD 267.98/MWh, Queensland AUD 185.39/MWh, Tasmania AUD 168.35/MWh. The second chart compares the five regional averages for 18 June 2025.

Average Prices By Region On 18 June — 18 June 2025; 2025-06-18 | Daily Arithmetic Average | AUD/MWh
Daily average wholesale price by region on 2025-06-18. Source: Network Map; AUD/MWh.

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 18 June 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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