How New South Wales's grid-scale batteries performed in Q4 2026: energy and FCAS market revenue, $/MW, $/MWh, top performers, and price events.
New South Wales (NSW1) batteries earned $142k in estimated gross energy and FCAS market revenue so far in Q4 2026, from 12 grid-scale units tracked by NEMPulse. Figures cover Q4 2026 to date (through 1 Oct 2026).
Normalised across 2,084 MW and 5,521 MWh of registered capacity, the region earned $68/MW and $26/MWh for the period.
Energy arbitrage supplied 97% of the total and FCAS 3%, with estimated Frequency Performance Payments contributing the remaining 0% ($271). Within FCAS, regulation accounted for 96% and contingency 4%; the single largest market was raise regulation at $2k.
Against the perfect-foresight energy benchmark, New South Wales batteries captured 20% of what hindsight would have earned, an estimated $526k of unrealised upside.
On capture of the perfect-foresight energy benchmark, the strongest performers were Limondale Battery (70%), Orana BESS (59%), Capital Battery (42%). At the other end: Liddell Battery Energy Storage System (-3%), Eraring Battery Energy Storage System (-7%), Smithfield Battery Energy Storage System, Units 1 - 36 (-29%) — capture reflects strategy, contracting and constraints as much as skill, so a low figure is not automatically underperformance.
The strongest single day was 1 Oct 2026 at $142k, and the best single battery-day was Orana BESS on 1 Oct 2026 with $100k.
Orana BESS led the region with $100k. Full dispatch, state-of-charge and bidding detail is available on each battery's page.
| Battery | Energy + FCAS | $/MW | $/MWh | Capture |
|---|---|---|---|---|
| Orana BESS | $100k | $242/MW | $60/MWh | 59% |
| Limondale Battery | $33k | $659/MW | $61/MWh | 70% |
| Waratah Super Battery | $13k | $15/MW | $8/MWh | 10% |
| Capital Battery | $9k | $93/MW | $46/MWh | 42% |
| New England BESS | $6k | $61/MW | $24/MWh | 25% |
| Quorn Park Solar Hybrid | $4k | $217/MW | $103/MWh | — |
| Riverina Energy Storage System 1 | $4k | $64/MW | $32/MWh | 35% |
| New England BESS | $2k | $17/MW | $7/MWh | — |
| Darlington Point Energy Storage System | $2k | $61/MW | $30/MWh | — |
| Riverena Energy Storage System 2 | $684 | $11/MW | $5/MWh | 7% |
| Wallgrove BESS 1 | $137 | $3/MW | $2/MWh | — |
| Williamsdale BESS | $0 | $0/MW | $0/MWh | — |
Capture = actual energy revenue as a share of the perfect-foresight LP benchmark; shown only for units with material modelled upside.
Keep reading: Previous period: Q3 2026NEM-wide wrap — Q4 2026New South Wales battery fleetActual vs optimal dispatchMarket eventsHow capture is calculated
Explore: All insightsBattery fleetActual vs optimalPerformance rankingsMarket economicsMarket eventsBid stackBidding strategyVirtual power plantsProject simulatorAskPulseEmail alerts
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.
Loading live data…