NEMPulse · Insights · QLD1

Queensland Battery Wrap — Q4 2026

How Queensland's grid-scale batteries performed in Q4 2026: energy and FCAS market revenue, $/MW, $/MWh, top performers, and price events.

  • Energy + FCAS revenue: $546k
  • Batteries: 14
  • Rev / MW: $195/MW
  • Rev / MWh: $89/MWh
  • Optimal capture: 68%
  • $/MW/day vs Q3 2026: +921%

Queensland (QLD1) batteries earned $546k in estimated gross energy and FCAS market revenue so far in Q4 2026, from 14 grid-scale units tracked by NEMPulse. Figures cover Q4 2026 to date (through 1 Oct 2026).

Normalised across 2,792 MW and 6,156 MWh of registered capacity, the region earned $195/MW and $89/MWh for the period.

Total revenue was up 1562% on the same days of Q3 2026, which returned $33k. Per MW per day — which strips out both fleet growth and the length of the window — earnings were up 921% at $195/MW/day. Optimal capture improved 54 points, from 14% to 68%.

Energy arbitrage supplied 99% of the total and FCAS 1%, with estimated Frequency Performance Payments contributing the remaining 0% ($258). Within FCAS, regulation accounted for 94% and contingency 6%; the single largest market was raise regulation at $4k.

Against the perfect-foresight energy benchmark, Queensland batteries captured 68% of what hindsight would have earned, an estimated $243k of unrealised upside.

On capture of the perfect-foresight energy benchmark, the strongest performers were Western Downs Battery Energy Storage System (90%), Swanbank BESS (78%), Brendale BESS (77%). At the other end: Greenbank BESS (59%), Chinchilla BESS, Units 1-80 (46%), Tarong BESS (40%) — capture reflects strategy, contracting and constraints as much as skill, so a low figure is not automatically underperformance.

The strongest single day was 1 Oct 2026 at $546k, and the best single battery-day was Supernode BESS on 1 Oct 2026 with $94k.

Supernode BESS led the region with $94k. Full dispatch, state-of-charge and bidding detail is available on each battery's page.

Queensland batteries — Q4 2026
BatteryEnergy + FCAS$/MW$/MWhCapture
Supernode BESS$94k$360/MW$86/MWh76%
Swanbank BESS$57k$226/MW$113/MWh78%
Western Downs Battery Energy Storage System (BESS)$55k$218/MW$109/MWh74%
Western Downs Battery Energy Storage System$54k$212/MW$135/MWh90%
Supernode BESS$52k$202/MW$96/MWh72%
Brendale BESS$51k$251/MW$125/MWh77%
Broadsound Energy Park$39k$218/MW$109/MWh73%
Ulinda Park BESS$34k$220/MW$114/MWh69%
Tarong BESS$32k$107/MW$53/MWh40%
Greenbank BESS$32k$158/MW$79/MWh59%
Wandoan Battery Energy Storage System (BESS)$15k$149/MW$100/MWh75%
Woolooga BESS$14k$64/MW$24/MWh69%

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

Keep reading: Previous period: Q3 2026NEM-wide wrap — Q4 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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