Mt Rawdon Pumped Hydro Energy Storage Project - KCI

Hydro · Mount Rawdon Pty Ltd · Storage - Pumped hydro

Dispatch stats Financials
Development AEMO: Publicly Announced Hydro - Water NEM data · 24 hours
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Registered nameplate capacity — refresh AI for MW/MWh
Est. SRMC
$13.86/MWh
Key information

Capacity not yet researched — use Refresh equipment & project status (AI).

AEMO status Publicly Announced
Project status Development (AI)

Coordinates —

DUID —
Owner Mount Rawdon Pty Ltd
Commissioned —
Expected closure 2132
Closure date —
Technology Storage - Pumped hydro
Fuel Hydro - Water
Turbine OEM —
Turbine type / model —
Stats window
13 Jun 2026 08:40 → 14 Jun 2026 08:40 AEST

Dispatch & revenue

13 Jun 2026 08:40 → 14 Jun 2026 08:40 AEST

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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
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Revenue (× MLF) (stats)
See dispatch stats link above
Est. SRMC
$13.86/MWh
Capex total (greenfield)
$6,140.00M

Shown in table
$6,140.00M (2026 real AUD)

Reported / source value
$6,140.00M (2026 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
Older Queensland Government business page reports a $3.3 billion investment figure for the project.

Reference
Mt Rawdon pumped hydro energy storage (medium confidence)
Source recorded 06 Jun 2026
Capex refurbishment
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How this was derived
No separate refurbishment or uprate cost was found in the retrieved sources.
Capex / MWh storage
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Fixed OPEX (annual)
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Fixed OPEX / MW-yr
$216,068

Shown in table
$216.1k (2026 real AUD)

Reported / source value
$204.8k (2024 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
AEMO/Aurecon review gives a pumped-hydro fixed O&M benchmark of $204,832 per MW per year.

Reference
2023 Cost and Technical Parameters Review_Final Report (high confidence)
Source recorded 06 Jun 2026
Variable OPEX / MWh
$13.86

Shown in table
$13.86 (2026 real AUD)

Reported / source value
$13.14 (2024 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
AEMO/Aurecon review gives a variable O&M benchmark of $13.14/MWh for the relevant pumped-hydro comparable case used in the report.

Reference
2023 Cost and Technical Parameters Review_Final Report (high confidence)
Source recorded 06 Jun 2026
Fuel cost / GJ
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Heat rate GJ/MWh
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Confidence: medium · Status: ai estimated · Capex basis: reported · AI checked 06 Jun 2026

Notes
Project-specific capital cost was found from Queensland Government project information: $6.14 billion investment for a pumped hydro energy storage facility with up to 20,000 MWh storage capacity. A separate earlier project statement cited estimated capital costs of A$1.2–A$1.4 billion, but that appears to be an older estimate and was not used for the reported capex total. No reliable public source for registered MW capacity was found in the retrieved results, so capex_per_mw_aud was not calculated. O&M and technical parameters were not found specifically for this project, so AEMO/Aurecon pumped hydro benchmark parameters were used as fallback for O&M only.

Sources