Fleet-wide energy and FCAS market revenue, normalised $/MW and $/MWh, and the top-earning grid-scale batteries in July 2026.
Across the Australian National Electricity Market, 41 grid-scale batteries earned a combined $114k in estimated gross energy and FCAS market revenue so far in July 2026, based on AEMO dispatch data tracked by NEMPulse. Figures cover July 2026 to date (through 1 Jul 2026).
Normalised across the fleet's 4,661 MW and 9,799 MWh of active capacity, batteries earned $24/MW and $12/MWh for the period.
Revenue per MW by battery duration class: 1H: $39/MW, 2H: $43/MW, 4H+: $53/MW. Longer-duration assets typically earn more per MW through energy arbitrage, while shorter-duration batteries often lead on a per-MWh basis.
On energy arbitrage, the fleet captured 8% of the revenue a perfect-foresight strategy would have earned over the same period, leaving an estimated $1.12M on the table.
The top earners were Melbourne Renewable Energy Hub Connection A3 ($18k); Western Downs Battery Energy Storage System (BESS) ($15k); Swanbank BESS ($15k).
Alongside grid-scale BESS, 12 residential virtual power plant (VPP) and demand-response aggregator units contributed an estimated $106 in FCAS market revenue so far in July 2026 ($2/MW of registered FCAS capacity). VPPs participate exclusively in FCAS markets through pooled residential and commercial assets.
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Automatically generated from AEMO public data using fixed templates (not AI-written). Figures are estimated gross market revenue (energy + FCAS) from dispatch — they exclude contracts, hedges and network-support schemes (e.g. SIPS), so actual commercial revenue will differ.
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