Five days earned 38% of Australia's grid battery revenue in October
NEMPulse estimates the NEM's 63 grid-scale batteries took AU$37.62 million in October, 97% of it from arbitrage, with 12 October alone worth AU$6.82 million.
Contributing writer
Engineer. Reads grid data, market notices and regulator decisions, and writes down what each one changes for the people who operate and pay for the system.
NEMPulse estimates the NEM's 63 grid-scale batteries took AU$37.62 million in October, 97% of it from arbitrage, with 12 October alone worth AU$6.82 million.
The study, partly funded by the US State Department's FIRST programme, follows ČEZ's exit from the project company JESS; Slovakia targets completion of the new unit by 2040.
The plan adds 9.2 GW of renewables, 2.3 GW of storage and 3.3 GW of gas plus 2,400 miles of transmission; it is funded with $26 billion of debt and $8 billion of new equity.
The boiler upgrade scheme stays at £400 million for 2027-28 instead of £600 million, home solar and batteries move to 5% VAT from April 2027, and Warm Home Loans guidance is published.
The inverter maker extends grid-forming control across a combined PV and battery plant, stores clipped solar energy, and starts in Germany, Australia and the UK.
Talks over a lump-sum subcontract failed; a new contractor is to be chosen by July 2027, while the reactor and turbine supply contracts with Doosan Enerbility stay in force.
Two third-quarter calls show the same demand at different stages: equipment already shipping to data centres, and a utility pipeline in which only a fraction of the load is contracted.
The grid coordinator's daily report for 27 October lists the 103 MW plant and its 98 MW/312 MWh battery at 0% availability; two thermal plants lost remote control the same day in August.
Trench brings bushings, instrument transformers and coils, more than 800 utility and hyperscaler customers and about $5 billion of backlog; gas turbines under contract rose only 6 GW in the quarter.
NEA data show Q3 additions up about 38% year on year and September at 13.64 GW; CPIA keeps its 180–240 GW 2026 forecast, which needs about 23 GW a month in Q4.