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 $54.19M in estimated gross energy and FCAS market revenue so far in 2026, from 16 grid-scale units tracked by NEMPulse. Figures cover 2026 to date (through 15 Sep 2026).
Normalised across 2,669 MW and 7,718 MWh of registered capacity, the region earned $20k/MW and $7,022/MWh for the period.
Energy arbitrage supplied 99% of the total and FCAS 1%, with estimated Frequency Performance Payments contributing the remaining 0% ($282k). Within FCAS, regulation accounted for 84% and contingency 16%; the single largest market was raise regulation at $254k.
For context on the trading conditions, the average daily price spread (top two hours minus bottom two hours) in New South Wales was $134/MWh, and the highest spot price reached $20,300/MWh.
Against the perfect-foresight energy benchmark, New South Wales batteries captured 46% of what hindsight would have earned, an estimated $61.49M of unrealised upside.
On capture of the perfect-foresight energy benchmark, the strongest performers were Limondale Battery (70%), New England BESS (62%), Eraring Battery Energy Storage System (60%). At the other end: Liddell Battery Energy Storage System (-2%), Queanbeyan BESS (-9%), Eraring Battery Energy Storage System 2 (-32%) — 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 $6.64M, and the best single battery-day was Eraring Battery Energy Storage System on 10 Jan 2026 with $3.62M. Revenue stays concentrated: five of the period's 258 days delivered 23% 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 $26.81M. Full dispatch, state-of-charge and bidding detail is available on each battery's page.
New South Wales saw 14 price events this period, the sharpest an extreme price event peaking at $20,300/MWh.
| Battery | Energy + FCAS | $/MW | $/MWh | Capture |
|---|---|---|---|---|
| Eraring Battery Energy Storage System | $26.81M | $58k/MW | $13k/MWh | 60% |
| Orana BESS | $6.44M | $16k/MW | $3,879/MWh | 54% |
| Waratah Super Battery | $4.85M | $5,702/MW | $2,886/MWh | 19% |
| Limondale Battery | $3.34M | $67k/MW | $6,228/MWh | 70% |
| Capital Battery | $2.90M | $29k/MW | $15k/MWh | 43% |
| Smithfield Battery Energy Storage System, Units 1 - 36 | $2.51M | $39k/MW | $19k/MWh | 55% |
| Riverena Energy Storage System 2 | $1.88M | $29k/MW | $14k/MWh | 57% |
| Riverina Energy Storage System 1 | $1.86M | $31k/MW | $16k/MWh | 51% |
| Wallgrove BESS 1 | $1.14M | $23k/MW | $15k/MWh | 40% |
| Broken Hill Battery Energy Storage System | $748k | $15k/MW | $15k/MWh | 42% |
| Darlington Point Energy Storage System | $713k | $29k/MW | $14k/MWh | 57% |
| New England BESS | $687k | $6,866/MW | $2,725/MWh | 51% |
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
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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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