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: $25.70M
  • Batteries: 14
  • Rev / MW: $9,206/MW
  • Rev / MWh: $4,175/MWh
  • Optimal capture: 68%
  • $/MW/day vs Q2 2026: +17%

Queensland (QLD1) batteries earned $25.70M in estimated gross energy and FCAS market revenue so far in Q3 2026, from 14 grid-scale units tracked by NEMPulse. Figures cover Q3 2026 to date (through 11 Sep 2026).

Normalised across 2,792 MW and 6,156 MWh of registered capacity, the region earned $9,206/MW and $4,175/MWh for the period.

Total revenue was up 36% on the same days of Q2 2026, which returned $18.85M. Per MW per day — which strips out both fleet growth and the length of the window — earnings were up 17% at $126/MW/day. Optimal capture improved 10 points, from 59% to 68%.

Energy arbitrage supplied 98% of the total and FCAS 2%, with estimated Frequency Performance Payments contributing the remaining 0% ($140k). Within FCAS, regulation accounted for 84% and contingency 16%; the single largest market was raise regulation at $248k.

For context on the trading conditions, the average daily price spread (top two hours minus bottom two hours) in Queensland was $103/MWh, broadly flat on the previous period, and the highest spot price reached $294/MWh.

Against the perfect-foresight energy benchmark, Queensland batteries captured 68% of what hindsight would have earned, an estimated $11.46M of unrealised upside.

On capture of the perfect-foresight energy benchmark, the strongest performers were Supernode BESS (78%), Swanbank BESS (77%), Western Downs Battery Energy Storage System (72%). At the other end: Wandoan Battery Energy Storage System (BESS) (50%), Broadsound Energy Park (47%), Stanwell Battery Energy Storage System (-114%) — 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 $900k, and the best single battery-day was Supernode BESS on 30 Jul 2026 with $183k. Revenue stays concentrated: five of the period's 73 days delivered 13% of everything Queensland batteries earned.

Supernode BESS led the region with $5.22M. Full dispatch, state-of-charge and bidding detail is available on each battery's page.

Queensland batteries — Q3 2026
BatteryEnergy + FCAS$/MW$/MWhCapture
Supernode BESS$5.22M$20k/MW$4,786/MWh78%
Tarong BESS$2.77M$9,226/MW$4,613/MWh68%
Swanbank BESS$2.61M$10k/MW$5,227/MWh77%
Supernode BESS$2.37M$9,109/MW$4,346/MWh71%
Western Downs Battery Energy Storage System (BESS)$2.33M$9,135/MW$4,568/MWh61%
Western Downs Battery Energy Storage System$2.24M$8,797/MW$5,608/MWh72%
Brendale BESS$2.13M$10k/MW$5,189/MWh69%
Greenbank BESS$1.69M$8,434/MW$4,217/MWh65%
Ulinda Park BESS$1.62M$10k/MW$5,439/MWh68%
Broadsound Energy Park$873k$4,849/MW$2,425/MWh47%
Chinchilla BESS, Units 1-80$754k$7,543/MW$3,772/MWh59%
Wandoan Battery Energy Storage System (BESS)$615k$6,146/MW$4,097/MWh50%

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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