1 of 2 Press the arrows to see trailing state capture rate

Narrowing energy spreads reduced revenue opportunity across the battery fleet

Actual and adjustments to potential revenues ($k/MW), quarter ending 31 March 2026
Actual revenue
Remaining potential revenue
Constraints
MLFs
Contracts
Availability
Source: AEMO, Modo Energy
Note: Actual revenues and adjustments to potential revenues. $ is AUD. Assets that have been online for less than the full period have been prorated.
MODOENERGY