How New South Wales's grid-scale batteries performed in July 2026: energy and FCAS market revenue, $/MW, $/MWh, top performers, and price events.
New South Wales (NSW1) batteries earned $7.59M in estimated gross energy and FCAS market revenue in July 2026, from 14 grid-scale units tracked by NEMPulse. Figures cover the full period.
Normalised across 2,409 MW and 7,174 MWh of registered capacity, the region earned $3,151/MW and $1,058/MWh for the period.
Total revenue was up 194% on June 2026, which returned $2.59M. Per MW per day — which strips out both fleet growth and the length of the window — earnings were up 185% at $102/MW/day. Optimal capture improved 24 points, from 23% to 47%.
Energy arbitrage supplied 99% of the total and FCAS 0%, with estimated Frequency Performance Payments contributing the remaining 1% ($28k). Within FCAS, regulation accounted for 76% and contingency 24%; the single largest market was raise regulation at $11k.
For context on the trading conditions, the average daily price spread (top two hours minus bottom two hours) in New South Wales was $95/MWh, up 22% on the previous period, and the highest spot price reached $532/MWh.
Against the perfect-foresight energy benchmark, New South Wales batteries captured 47% of what hindsight would have earned, an estimated $8.00M of unrealised upside.
On capture of the perfect-foresight energy benchmark, the strongest performers were New England BESS (78%), Limondale Battery (77%), Eraring Battery Energy Storage System (66%). At the other end: Mortlake Battery Energy Storage System (-13%), Queanbeyan BESS (-17%), Liddell Battery Energy Storage System (-46%) — capture reflects strategy, contracting and constraints as much as skill, so a low figure is not automatically underperformance.
The strongest single day was 30 Jul 2026 at $1.24M, and the best single battery-day was Orana BESS on 30 Jul 2026 with $400k. Revenue stays concentrated: five of the period's 31 days delivered 43% of everything New South Wales batteries earned.
Eraring Battery Energy Storage System led the region with $2.72M. Full dispatch, state-of-charge and bidding detail is available on each battery's page.
New South Wales saw one price event this period, elevated prices peaking at $532/MWh.
| Battery | Energy + FCAS | $/MW | $/MWh | Capture |
|---|---|---|---|---|
| Eraring Battery Energy Storage System | $2.72M | $5,911/MW | $1,362/MWh | 66% |
| Orana BESS | $2.05M | $4,949/MW | $1,237/MWh | 61% |
| Waratah Super Battery | $1.25M | $1,468/MW | $743/MWh | 34% |
| Limondale Battery | $638k | $13k/MW | $1,191/MWh | 77% |
| New England BESS | $277k | $2,767/MW | $1,098/MWh | 64% |
| Capital Battery | $268k | $2,679/MW | $1,339/MWh | 45% |
| Riverina Energy Storage System 1 | $193k | $3,214/MW | $1,607/MWh | 56% |
| Smithfield Battery Energy Storage System, Units 1 - 36 | $181k | $2,787/MW | $1,393/MWh | 50% |
| New England BESS | $171k | $1,713/MW | $680/MWh | 78% |
| Riverena Energy Storage System 2 | $167k | $2,573/MW | $1,286/MWh | 64% |
| Wallgrove BESS 1 | $66k | $1,318/MW | $845/MWh | 32% |
| Darlington Point Energy Storage System | $65k | $2,616/MW | $1,308/MWh | 64% |
Capture = actual energy revenue as a share of the perfect-foresight LP benchmark; shown only for units with material modelled upside.
Third-party reporting on these units, matched automatically and linked for context. NEMPulse does not endorse or verify external coverage.
Keep reading: Previous period: June 2026NEM-wide wrap — July 2026New South Wales battery fleetActual vs optimal dispatchMarket eventsHow capture is calculated
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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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