EnergyReader · 2026-08-03 06:27

Australia's NEM Power Prices Drop to Five-Year Low as Gas Dispatch Falls to 2003 Levels

By EnergyReader Newsroom · August 3, 2026

Average wholesale electricity prices across Australia's National Electricity Market fell 47% year-on-year to $74 per megawatt hour in the June quarter, their lowest level since 2020, according to AEMO's Quarterly Energy Dynamics report released on July 30 (2026-07-30).

This piece has moved into our archive. We keep the full historical record — pricing, storage, weather, positioning — for our own research, and license access to it separately. Contact us about archive access →

Connected coverage Stories linked to Australia through the market graph: same hub, spread, route or driver.

Palisade buys 1.2GW of Australian wind and battery projects through Intera Renewables 2d ago · Australia same market Australia's Gas Reservation Scheme Clouds Its New LNG Supply Pact With Japan 3d ago · Australia same market Wood Mackenzie Projects Second Annual Asia LNG Demand Drop as Hormuz Disruption Holds JKM Above May Lows 20m ago · JKM via Australian LNG Export Avail… JKM Asian LNG Holds at $27 as 89% Bearish Signal Weight Presses on Summer Rally 6h ago · JKM via Australian LNG Export Avail… China Posts First Thermal Power Decline in a Decade as EV Sales Cut Oil Demand 2h ago · China same desk India Positions Its 220 MWe PHWR Fleet as the Credible SMR Against Uncertified Foreign Designs 3h ago · India same desk

Get this in your inbox

Daily briefings for commodity traders

Related Markets

AEMO NEM Power