NEM-wide battery price spreads fell 85% in a single year to average AU$51/MWh (US$35/MWh) in Q2 2026, according to AEMO.

Wholesale electricity prices surge as wind displaces coal, batteries push out gas and home storage softens the evening peaks and help reshape the grid.

NEM-wide battery price spreads fell 85% in a single year to average AU$51/MWh (US$35/MWh) in Q2 2026, according to AEMO.