Solar earns 33% of average daily price, with 5% lost due to negative-price dispatch

Capture rate (%) against 24-hour RRP with and without negative price dispatch
Region:
Including negative-dispatch losses
Excluding negative-dispatch losses
Monthly
12-month rolling
Source: AEMO dispatch data, Modo Energy.
"Excluding" zeroes out negative-RRP cleared revenue — treating PPA/LGC-backed negative dispatch as cost-neutral — while leaving the 24-hour anchor unchanged. 12-month trailing aggregate.
MODOENERGY