Australia Q3: batteries out-supply gas in the evening peak for the first time
AEMO's Q3 2026 data: batteries supplied 8% of NEM evening-peak (4–9pm) generation versus 5.1% for gas; the NEM average price was A$63/MWh, down 27% year on year. View: batteries gain price-setting power while unit arbitrage revenue keeps falling.
Project
- Batteries charged 13.4 GWh and discharged 10.9 GWh per day (3.7 / 3.2 GWh a year earlier).
- Batteries set the price in 48% of dispatch intervals (18% a year earlier); gas averaged 881 MW, down 34%.
Financing
- Prices fell 27% year on year and 15% quarter on quarter, the lowest Q3 since 2021.
Policy
- AEMO Quarterly Energy Dynamics Q3 2026, released 23 October.
Sources: IndexBox (AEMO QED) · TokenPost