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: $31.94M
  • Batteries: 14
  • Rev / MW: $11k/MW
  • Rev / MWh: $5,188/MWh
  • Optimal capture: 67%
  • $/MW/day vs Q2 2026: +43%

Queensland (QLD1) batteries earned $31.94M 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 29 Sep 2026).

Normalised across 2,792 MW and 6,156 MWh of registered capacity, the region earned $11k/MW and $5,188/MWh for the period.

Total revenue was up 37% on the same days of Q2 2026, which returned $23.26M. Per MW per day — which strips out both fleet growth and the length of the window — earnings were up 43% at $126/MW/day. Optimal capture improved 11 points, from 57% to 67%.

Energy arbitrage supplied 98% of the total and FCAS 2%, with estimated Frequency Performance Payments contributing the remaining 0% ($177k). Within FCAS, regulation accounted for 86% and contingency 14%; the single largest market was raise regulation at $316k.

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 67% of what hindsight would have earned, an estimated $14.88M of unrealised upside.

On capture of the perfect-foresight energy benchmark, the strongest performers were Supernode BESS (77%), Swanbank BESS (77%), Western Downs Battery Energy Storage System (71%). At the other end: Broadsound Energy Park (50%), Wandoan Battery Energy Storage System (BESS) (47%), 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 $900k, and the best single battery-day was Supernode BESS on 30 Jul 2026 with $183k. Revenue stays concentrated: five of the period's 91 days delivered 11% of everything Queensland batteries earned.

Supernode BESS led the region with $6.45M. 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$6.45M$25k/MW$5,919/MWh77%
Tarong BESS$3.44M$11k/MW$5,730/MWh67%
Swanbank BESS$3.31M$13k/MW$6,614/MWh77%
Supernode BESS$2.99M$12k/MW$5,488/MWh71%
Western Downs Battery Energy Storage System (BESS)$2.82M$11k/MW$5,536/MWh59%
Western Downs Battery Energy Storage System$2.81M$11k/MW$7,013/MWh71%
Brendale BESS$2.61M$13k/MW$6,373/MWh68%
Greenbank BESS$2.12M$11k/MW$5,294/MWh65%
Ulinda Park BESS$1.94M$13k/MW$6,521/MWh64%
Broadsound Energy Park$1.24M$6,909/MW$3,455/MWh50%
Chinchilla BESS, Units 1-80$931k$9,312/MW$4,656/MWh57%
Wandoan Battery Energy Storage System (BESS)$739k$7,390/MW$4,927/MWh47%

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

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…