NEM Regional Volatility and Price

The tables below specify the forecast Volatility Factors and Average Prices calculated for input to the prudential settings calculations over the previous three seasonal reviews (when available).

Outstandings Limit Volatility Factor (VFOSLR)

Region 2023 Shoulder 2024 Summer 2024 Winter
NSW 1.3 1.51 1.54
QLD 1.39 1.52 1.53
SA 1.44 1.77 1.56
TAS 1.52 1.42 1.81
VIC 1.38 1.63 1.57

Prudential Margin Volatility Factor (VFPMR)

Region 2023 Shoulder 2024 Summer 2024 Winter
NSW  1.83 2.89 2.34
QLD  1.88 2.86 2.26
SA  2.05 4.29 2.61
TAS 1.88 1.65 2.23
VIC 1.73 3.69 2.22

Average Price (PR)

Region 2023 Shoulder 2024 Summer 2024 Winter
NSW $73.33 $70.57 $88.52
QLD $66.92 $81.49 $81.00
SA $57.67 $68.49 $89.54
TAS $58.63  $64.83 $62.43
VIC $56.43  $53.30 $74.69

Review Seasons

Review Season MCL Effective Date Calculation includes data up to this date
2024 Summer 05-Dec-23 21-Oct-23
2024 Winter  02-Apr-24 17-Feb-24
2024 Shoulder 03-Sep-24 20-Jul-24
2025 Summer
03-Dec-24
19-Oct-24
2025 Winter  01-Apr-25 15-Feb-25

For details information about regional volatility factors and prices, please refer to Credit Limit Procedures Supporting Information page.

For further information, please contact AEMO's Information and Support Hub.

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