Oakey Power Station (OAKEY2)

Gas Peakers · Oakey Power Holdings Pty Ltd · Turbine - OCGT

Dispatch stats Financials

Operational AEMO: In Service QLD1 Fossil - Natural Gas Pipeline NEM data · 30 days

173 MW

Registered nameplate capacity

30 days revenue

$2.4k

Capacity factor

0.0%

Revenue / MWh

$129.53

Est. SRMC

$128.50/MWh

Energy flow

Dispatch target (cleared) vs availability — 5‑minute intervals. QLD1 regional price (RRP) on right axis.

Capacity

173 MW

AEMO status In Service

Project status Operational (AI)

Power Technology profile (GlobalData) says Oakey Power Station was commissioned in December 1999 and is currently active.

Region QLD1

Coordinates -27.41861, 151.68000 (AI)

Grokipedia lists Oakey Power Station at 27°25′07″S 151°40′48″E.

MLF 0.9666

DUID OAKEY2

Owner Oakey Power Holdings Pty Ltd

Commissioned —

Expected closure 2050

Closure date —

Technology Turbine - OCGT

Fuel Fossil - Natural Gas Pipeline

Gas turbine OEM Siemens Energy

Turbine / engine model SGT-2000E

Equipment confidence high

Dispatch & revenue

18 May 2026 19:30 → 17 Jun 2026 19:30 AEST

Energy revenue (× MLF)

$2.4k

FCAS revenue (× MLF)

FCAS volume

— MWh

Dispatched

18.7 MWh

Available

34,303.7 MWh

Curtailed

34,285.0 MWh

Curtailment

99.9%

of available

MLF used

0.9666

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 price — dispatch_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 from	MLF
2024-07-01	0.9572
2025-07-01	0.9666

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.

Capex total (greenfield) default	$207.60M Shown in table $207.60M (2026 real AUD)
Capex refurbishment	—
Capex / MW default	$1,200,000 Shown in table $1.20M (2026 real AUD)
Fixed OPEX (annual)	—
Fixed OPEX / MW-yr default	$45,000 Shown in table $45.0k (2026 real AUD)
Variable OPEX / MWh default	$2.50 Shown in table $2.50 (2026 real AUD)
Fuel cost / GJ default	$12.00 Shown in table $12.00 (2026 real AUD)
Heat rate GJ/MWh default	10.50 Shown in table $10.50 (2026 real AUD)

Confidence: unknown · Status: needs review · Capex basis: unknown