Grid batteries set the NEM spot price in 48% of September-quarter intervals, wholesale power averaged $63, and they beat gas in the evening peak
On 23 October 2026 AEMO released its September-quarter report. Grid batteries set the National Electricity Market spot price in 48% of dispatch intervals, up from 18% a year earlier. Wholesale power averaged $63/MWh, down 27% on the year. In the evening peak, batteries supplied 8.0% of generation and gas 5.1%. These are grid batteries. A fixed retail invoice is a different piece of paper.