NEMPulse · Insights · QLD1

Queensland Battery Wrap — Q3 2026

How Queensland's grid-scale batteries performed in Q3 2026: energy and FCAS market revenue, $/MW, $/MWh, top performers, and price events.

  • Energy + FCAS revenue: $33.54M
  • Batteries: 16
  • Rev / MW: $12k/MW
  • Rev / MWh: $5,441/MWh
  • Optimal capture: 70%
  • $/MW/day vs Q2 2026: +34%

Queensland (QLD1) batteries earned $33.54M in estimated gross energy and FCAS market revenue in Q3 2026, from 16 grid-scale units tracked by NEMPulse. Figures cover the full period.

Normalised across 2,796 MW and 6,164 MWh of registered capacity, the region earned $12k/MW and $5,441/MWh for the period.

Total revenue was up 41% on Q2 2026, which returned $23.78M. Per MW per day — which strips out both fleet growth and the length of the window — earnings were up 34% at $130/MW/day. Optimal capture improved 11 points, from 59% to 70%.

Energy arbitrage supplied 98% of the total and FCAS 2%, with estimated Frequency Performance Payments contributing the remaining 0% ($181k). Within FCAS, regulation accounted for 73% and contingency 27%; the single largest market was raise regulation at $319k.

For context on the trading conditions, the average daily price spread (top two hours minus bottom two hours) in Queensland was $107/MWh, up 8% on the previous period, and the highest spot price reached $446/MWh.

Against the perfect-foresight energy benchmark, Queensland batteries captured 70% of what hindsight would have earned, an estimated $13.53M of unrealised upside.

On capture of the perfect-foresight energy benchmark, the strongest performers were Western Downs Battery Energy Storage System (81%), Supernode BESS (78%), Swanbank BESS (75%). At the other end: Woolooga BESS (52%), Broadsound Energy Park (50%), Stanwell Battery Energy Storage System (-56%) — 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 $920k, and the best single battery-day was Supernode BESS on 30 Jul 2026 with $182k. Revenue stays concentrated: five of the period's 92 days delivered 10% of everything Queensland batteries earned.

Supernode BESS led the region with $6.51M. Full dispatch, state-of-charge and bidding detail is available on each battery's page.

Queensland saw one price event this period, negative pricing bottoming at $-246/MWh.

Queensland batteries — Q3 2026
BatteryEnergy + FCAS$/MW$/MWhCapture
Supernode BESS$6.51M$25k/MW$5,972/MWh78%
Western Downs Battery Energy Storage System (BESS)$3.50M$14k/MW$6,861/MWh72%
Tarong BESS$3.41M$11k/MW$5,689/MWh67%
Western Downs Battery Energy Storage System$3.26M$13k/MW$8,146/MWh81%
Swanbank BESS$3.19M$13k/MW$6,371/MWh75%
Supernode BESS$2.99M$12k/MW$5,490/MWh70%
Brendale BESS$2.81M$14k/MW$6,858/MWh74%
Greenbank BESS$2.15M$11k/MW$5,371/MWh65%
Ulinda Park BESS$2.13M$14k/MW$7,152/MWh71%
Broadsound Energy Park$1.25M$6,951/MW$3,476/MWh50%
Chinchilla BESS, Units 1-80$945k$9,453/MW$4,727/MWh56%
Wandoan Battery Energy Storage System (BESS)$820k$8,205/MW$5,470/MWh53%

Capture = actual energy revenue as a share of the perfect-foresight LP benchmark; shown only for units with material modelled upside.

In the news this period
GE Vernova to supply technology for stage three of Supernode BESS project
Yahoo Finance · 24 Aug 2026 · Supernode BESS
Supernode Bess Reaches $469M Financial Close
megaproject.com · 21 Aug 2026 · Supernode BESS
Quinbrook’s Supernode BESS Reaches Stage 2 Commercial Operation, Secures A$469 Million Stage 3 Financing With CATL as Storage Supplier
SolarQuarter · 19 Aug 2026 · Supernode BESS
Supernode BESS Secures Financing for Phase 3
Inspenet · 18 Aug 2026 · Supernode BESS

Third-party reporting on these units, matched automatically and linked for context. NEMPulse does not endorse or verify external coverage.

Keep reading: Previous period: Q2 2026NEM-wide wrap — Q3 2026Queensland 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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