Capricornia Energy Hub (CEH) PHES

Hydro · CI QLD PHES PTY LTD · Storage - Pumped hydro

Development AEMO: Publicly Announced Hydro - Water NEM data · 24 hours
750/12,000 MW
Researched capacity / storage
Est. SRMC
$1.27/MWh
Key information
Capacity (AI)
750 MW / 12,000 MWh

User-provided project data for Capricornia Energy Hub (CEH) PHES / AEMO spreadsheet values.

AEMO status Publicly Announced
Project status Development (AI)

No web results were returned; inferred from the asset being publicly announced with a future commissioned date of 2031-12-01.

Coordinates

DUID
Owner CI QLD PHES PTY LTD
Commissioned Dec 2031
Expected closure
Closure date
Technology Storage - Pumped hydro
Fuel Hydro - Water
Turbine OEM
Turbine type / model
Stats window
12 Jun 2026 17:15 → 13 Jun 2026 17:15 AEST

Dispatch & revenue

12 Jun 2026 17:15 → 13 Jun 2026 17:15 AEST

No DUID specified. Open this page from the stats list or a generator profile.

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
Pumped hydro
Capacity
750 MW / 12,000 MWh
Revenue (× MLF) (stats)
See dispatch stats link above
Est. SRMC
$1.27/MWh
Capex total (greenfield)
$3,027.43M

Shown in table
$3,027.43M (2026 real AUD)

Reported / source value
$2,870.00M (2024 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
Official Queensland Government project page states the Capricornia PHES and transmission project investment is $2.87 billion.

Reference
Capricornia Pumped Hydroelectric Energy Storage and Transmission Project (high confidence)
Source recorded 06 Jun 2026

Capex refurbishment
Capex / MWh storage derived
$252,286

Shown in table
$252.3k (2026 real AUD)

Reported / source value
$239.2k (2024 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

Fixed OPEX (annual)
$35.60M

Shown in table
$35.60M (2026 real AUD)

Reported / source value
$33.75M (2024 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

Fixed OPEX / MW-yr
$47,468

Shown in table
$47.5k (2026 real AUD)

Reported / source value
$45.0k (2024 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
Used server-side default because no project-specific O&M source was found in the searched official materials.

Variable OPEX / MWh
$1.27

Shown in table
$1.27 (2026 real AUD)

Reported / source value
$1.20 (2024 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
Used server-side default because no project-specific variable O&M source was found in the searched official materials.

Fuel cost / GJ
Heat rate GJ/MWh

Confidence: high · Status: ai estimated · Capex basis: reported · AI checked 06 Jun 2026

Notes
Project-specific reported investment of $2.87 billion was found for the 750 MW Capricornia PHES and transmission project. This appears to cover the project including transmission, not just the PHES asset alone. No separate refurbishment cost identified.

Sources