Market analysis of 5 February 2026
New South Wales recorded a wholesale electricity price high of AUD 20,300.00/MWh at 14:30 on 5 February 2026 and a low of AUD 9.20/MWh at 10:20. The arithmetic average across its 288 five-minute observations was AUD 391.93/MWh.
Across the day, 27 observations were at or above AUD 300/MWh, a total of 2.2 hours. The spread between the highest and lowest prices was AUD 20,290.80/MWh.
The Five-Minute Price Curve
The first chart shows each five-minute price for New South Wales 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.
How The Five Regions Compared
Daily average prices in the other regions were: Queensland AUD 102.00/MWh, Tasmania AUD 86.37/MWh, South Australia AUD 78.54/MWh, Victoria AUD 76.82/MWh. The second chart compares the five regional averages for 5 February 2026.
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 5 February 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.
Explore The Data
Markets, Revenue Reconciliation, Battery Revenue Benchmarks.
