Capital Battery (CAPBES1)

BESS · Capital Battery Pty Ltd · Storage - Battery

Commissioning AEMO: In Commissioning NSW1 Other - Other NEM data · 30 days
100/200 MW
Registered nameplate capacity / storage
30 days revenue
$159.8k
Capacity factor
-1.3%
Revenue / MWh
Est. SRMC
$1.50/MWh

Energy flow

Dispatch target (cleared) vs availability — 5‑minute intervals. NSW1 regional price (RRP) on right axis.

Key information
Capacity
100 MW / 200 MWh

AEMO status In Commissioning
Project status Commissioning (AI)

Capital Battery website (2025): project page states the battery was to be managed/operated once operating and site commission date is 2025-06-01.

Region NSW1
Coordinates

Capital Battery website: project located in Canberra and connected via Queanbeyan substation.

MLF 1.0389
DUID CAPBES1
Owner Capital Battery Pty Ltd
Commissioned Jun 2025
Expected closure 2048
Closure date
Technology Storage - Battery
Fuel Other - Other
Battery OEM EVO Power
Battery platform / chemistry battery platform / chemistry not documented
Inverter OEM
Inverter / PCS model
Equipment confidence low
Stats window
15 May 2026 02:20 → 14 Jun 2026 02:20 AEST

Dispatch & revenue

15 May 2026 02:20 → 14 Jun 2026 02:20 AEST

Energy revenue (× MLF)
$159.8k
FCAS revenue (× MLF)
$0
FCAS volume
MWh
Dispatched
-953.9 MWh
Available
47,030.2 MWh
Curtailed
48,035.2 MWh
Curtailment
102.1%
of available
MLF used
1.0389
end of period

Revenue (× MLF)

Estimated $ per interval — energy (RRP) and FCAS (regional FCAS prices), both × MLF.

Methodology & assumptions

  • Dispatch & availability — AEMO Next Day Dispatch UNIT_SOLUTION (5‑minute intervals). Intervention intervals excluded.
  • Regional pricedispatch_price RRP matched by settlement time and NEM region (from generator registry).
  • Energy revenue (× MLF) — cleared MW × (5/60 h) × RRP × MLF.
  • FCAS revenue & volume — cleared FCAS MW from DISPATCHLOAD (raise/lower 6s, 60s, 5min, reg) × (5/60 h) × regional FCAS price × MLF. Volume is total FCAS enablement MWh across services.
  • Curtailment — estimated economic curtailment when availability exceeds dispatch target: max(0, availability − cleared) × (5/60) MWh.
  • Not settlement — estimates only. AEMO settlement applies DLF, rebids, constraints, and other factors not modelled here.
MLF history (AEMO daily)
Effective fromMLF
2024-09-12 1.0084
2025-07-01 1.0389

Financial overview

2026 real AUD. Monetary values are CPI-adjusted to 2026 real Australian dollars. Greenfield capex uses AEMO benchmarks when plant-specific cost is unknown.
Type
Battery (BESS)
Capacity
100 MW / 200 MWh
Revenue (× MLF) (stats)
See dispatch stats link above
Est. SRMC
$1.50/MWh
Capex total (greenfield)
$87.06M

Shown in table
$87.06M (2026 real AUD)

Reported / source value
$70.00M (2021 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
Confirms financing milestone but does not disclose total capex.

Reference
Capital Battery Achieves Financial Close (high confidence)
Source recorded 05 Jun 2026

Capex refurbishment
Capex / MWh storage derived
$435,323

Shown in table
$435.3k (2026 real AUD)

Reported / source value
$350.0k (2021 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

Fixed OPEX (annual)
Fixed OPEX / MW-yr default
$25,000

Shown in table
$25.0k (2026 real AUD)

Variable OPEX / MWh default
$1.50

Shown in table
$1.50 (2026 real AUD)

Fuel cost / GJ
Heat rate GJ/MWh

Confidence: medium · Status: ai estimated · Capex basis: default · AI checked 05 Jun 2026

Notes
Project-specific greenfield capex was not found in the searched owner/developer and related sources. The owner/developer sources confirm a 100 MW / 200 MWh battery, construction start in December 2021, financial close in October 2022, and operations beginning in 2023 rather than a disclosed total project cost. Neoen states the asset will be maintained for at least 25 years. No verified plant-specific O&M, fuel, or heat-rate assumptions were found for a battery asset; emissions intensity is zero for operational generation emissions.

Sources