How South Australia's grid-scale batteries performed in November 2026: energy and FCAS market revenue, $/MW, $/MWh, top performers, and price events.
South Australia (SA1) batteries earned $64k in estimated gross energy and FCAS market revenue so far in November 2026, from 14 grid-scale units tracked by NEMPulse. Figures cover November 2026 to date (through 1 Nov 2026).
Normalised across 980 MW and 2,108 MWh of registered capacity, the region earned $65/MW and $30/MWh for the period.
Total revenue was down 26% on the same days of October 2026, which returned $86k. Per MW per day — which strips out both fleet growth and the length of the window — earnings were down 19% at $65/MW/day. Optimal capture slipped 4 points, from 33% to 29%.
Energy arbitrage supplied 95% of the total and FCAS 5%, with estimated Frequency Performance Payments contributing the remaining 0% ($25). Within FCAS, regulation accounted for 90% and contingency 10%; the single largest market was raise regulation at $2k.
For context on the trading conditions, the average daily price spread (top two hours minus bottom two hours) in South Australia was $70/MWh, down 41% on the previous period, and the highest spot price reached $138/MWh.
Against the perfect-foresight energy benchmark, South Australia batteries captured 29% of what hindsight would have earned, an estimated $157k of unrealised upside.
On capture of the perfect-foresight energy benchmark, the strongest performers were Templers Battery Energy Storage System (40%), Clements Gap BESS (40%), Bungama Battery Energy Storage System (36%).
The strongest single day was 1 Nov 2026 at $64k, and the best single battery-day was Blyth Battery Energy Storage System on 1 Nov 2026 with $19k.
Blyth Battery Energy Storage System led the region with $19k. Full dispatch, state-of-charge and bidding detail is available on each battery's page.
| Battery | Energy + FCAS | $/MW | $/MWh | Capture |
|---|---|---|---|---|
| Blyth Battery Energy Storage System | $19k | $93/MW | $47/MWh | 32% |
| Templers Battery Energy Storage System | $14k | $126/MW | $49/MWh | 40% |
| Bungama Battery Energy Storage System | $13k | $84/MW | $42/MWh | 36% |
| Hornsdale Power Reserve | $8k | $55/MW | $42/MWh | 31% |
| Clements Gap BESS | $8k | $132/MW | $66/MWh | 40% |
| Mannum Battery Energy Storage System | $7k | $72/MW | $36/MWh | 26% |
| Lake Bonney BESS1 | $2k | $72/MW | $35/MWh | — |
| Adelaide Desalination Plant | $656 | $107/MW | $62/MWh | — |
| Lincoln Gap Wind Farm Battery | $423 | $47/MW | $42/MWh | — |
| Bolivar Waste Water Treatment Plant | $230 | $115/MW | $55/MWh | — |
| Christies Beach Wastewater Treatment Plant | $212 | $99/MW | $57/MWh | — |
| Tailem Bend 2 Hybrid Renewable Power Station | $207 | $5/MW | $5/MWh | — |
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: October 2026NEM-wide wrap — November 2026South Australia 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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