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Market analysis of 27 January 2026

Regional demand in Victoria peaked at 10,783.74 MW at 18:00 on 27 January 2026. The day’s lowest observation was 4,500.40 MW at 03:30, so demand moved by 6,283.34 MW from trough to peak.

At the demand peak the wholesale price was AUD 1,074.22/MWh. The day’s highest price, AUD 3,026.01/MWh, came at 17:50, and the daily price average was AUD 155.17/MWh.

The Demand Profile Through The Day

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

Victoria Demand And Generation — 27 January 2026; 2026-01-27 | Five-Minute Observations | UTC+10
Regional demand and dispatchable generation in Victoria on 2026-01-27. Source: Network Map; MW, fixed UTC+10.

How The Five Regions Compared

The second chart compares each region’s peak demand for 27 January 2026. Victoria’s peak of 10,784 MW compares with New South Wales 10,123 MW, Queensland 8,833 MW, South Australia 2,917 MW, Tasmania 1,052 MW.

Peak Demand By Region On 27 January — 27 January 2026; 2026-01-27 | Highest Five-Minute Demand | MW
Peak regional demand by region on 2026-01-27. 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 27 January 2026. 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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