AEMO On Air
A podcast about all things energy, brought to you by the Australian Energy Market Operator.
AEMO On Air
Inside the numbers: how renewables drove down power prices in Q3 2025
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Australian Energy Market Operator
In this episode of AEMO On Air, we unpack the key findings from AEMO’s Quarterly Energy Dynamics (QED) report for Q3 2025 – a quarter defined by record renewable generation, greater market stability, and falling wholesale electricity prices across the NEM.
AEMO’s Manager of Market Insights, Kerry Galloway, joins us to break down the data behind the trends, from new renewable records to what it all means for Australia’s evolving energy landscape.
Renewables reached new highs, with record-breaking contributions across the NEM and WEM:
- 77.2% peak renewable contribution in the NEM
- Rooftop solar up 11%
- Wind and grid-scale solar up 16% year-on-year
- Renewables supplying 36.4% of WA’s power – another Q3 record
Read the QED here: https://bit.ly/47kVBAQ
Interviewer: Catie Low