How New South Wales's grid-scale batteries performed in 2026: energy and FCAS market revenue, $/MW, $/MWh, top performers, and price events.
New South Wales (NSW1) batteries earned $71.14M in estimated gross energy and FCAS market revenue so far in 2026, from 17 grid-scale units tracked by NEMPulse. Figures cover 2026 to date (through 30 Oct 2026).
Normalised across 3,169 MW and 8,804 MWh of registered capacity, the region earned $22k/MW and $8,081/MWh for the period.
Energy arbitrage supplied 99% of the total and FCAS 1%, with estimated Frequency Performance Payments contributing the remaining 0% ($361k). Within FCAS, regulation accounted for 85% and contingency 15%; the single largest market was raise regulation at $314k.
For context on the trading conditions, the average daily price spread (top two hours minus bottom two hours) in New South Wales was $155/MWh, and the highest spot price reached $23,200/MWh.
Against the perfect-foresight energy benchmark, New South Wales batteries captured 41% of what hindsight would have earned, an estimated $100.14M of unrealised upside.
On capture of the perfect-foresight energy benchmark, the strongest performers were Limondale Battery (66%), New England BESS (57%), New England BESS (57%). At the other end: Queanbeyan BESS (16%), Liddell Battery Energy Storage System (15%), Williamsdale BESS (13%) — capture reflects strategy, contracting and constraints as much as skill, so a low figure is not automatically underperformance.
The strongest single day was 10 Jan 2026 at $6.55M, and the best single battery-day was Eraring Battery Energy Storage System on 10 Jan 2026 with $3.65M. Revenue stays concentrated: five of the period's 303 days delivered 25% of everything New South Wales batteries earned.
5 batteries earned their first market revenue in the period — Orana BESS, New England BESS, New England BESS, Quorn Park Solar Hybrid and 1 more — adding 884 MW of earning capacity.
Eraring Battery Energy Storage System led the region with $31.35M. Full dispatch, state-of-charge and bidding detail is available on each battery's page.
New South Wales saw 17 price events this period, the sharpest an extreme price event peaking at $23,200/MWh.
| Battery | Energy + FCAS | $/MW | $/MWh | Capture |
|---|---|---|---|---|
| Eraring Battery Energy Storage System | $31.35M | $68k/MW | $16k/MWh | 56% |
| Orana BESS | $9.96M | $24k/MW | $6,001/MWh | 56% |
| Waratah Super Battery | $6.75M | $7,940/MW | $4,020/MWh | 17% |
| Limondale Battery | $4.62M | $92k/MW | $8,624/MWh | 66% |
| Capital Battery | $3.15M | $32k/MW | $16k/MWh | 36% |
| Smithfield Battery Energy Storage System, Units 1 - 36 | $2.96M | $45k/MW | $23k/MWh | 49% |
| Riverina Energy Storage System 1 | $2.38M | $40k/MW | $20k/MWh | 50% |
| Liddell Battery Energy Storage System | $2.25M | $4,502/MW | $2,072/MWh | 15% |
| Riverena Energy Storage System 2 | $1.96M | $30k/MW | $15k/MWh | 44% |
| New England BESS | $1.72M | $17k/MW | $6,821/MWh | 57% |
| Wallgrove BESS 1 | $1.23M | $25k/MW | $16k/MWh | 33% |
| Broken Hill Battery Energy Storage System | $774k | $15k/MW | $15k/MWh | 31% |
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: NEM-wide wrap — 2026New South Wales battery fleetActual vs optimal dispatchMarket eventsHow capture is calculated
Explore: All insightsBattery fleetActual vs optimalPerformance rankingsMarket economicsMarket eventsBid stackBidding strategyVirtual power plantsHome battery potential (modelled)Project 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…