Bell Bay Three (BBTHREE2)

Gas Peakers · AETV Pty Ltd · Turbine - OCGT

Operational AEMO: In Service TAS1 Fossil - Natural Gas Pipeline NEM data · 24 hours
40 MW
Registered nameplate capacity
24 hours revenue
$0
Capacity factor
0.0%
Revenue / MWh
Est. SRMC
$137.22/MWh

Energy flow

Dispatch target (cleared) vs availability — 5‑minute intervals. TAS1 regional price (RRP) on right axis.

Key information
Capacity
40 MW

AEMO status In Service
Project status Operational (AI)

Region TAS1
MLF 0.9986
DUID BBTHREE2
Owner AETV Pty Ltd
Commissioned
Expected closure 2025-07-02
Closure date
Technology Turbine - OCGT
Fuel Fossil - Natural Gas Pipeline
Gas turbine OEM
Turbine / engine model
Stats window
03 Jun 2026 22:15 → 04 Jun 2026 22:15 AEST

Dispatch & revenue

03 Jun 2026 22:15 → 04 Jun 2026 22:15 AEST

Revenue (× MLF)
$0
Dispatched
MWh
Available
MWh
Curtailed
MWh
Curtailment
of available
MLF used
0.9986
end of period

Revenue (× MLF)

Estimated $ per interval using regional RRP and MLF effective on each day.

Methodology & assumptions

  • Dispatch & availability — AEMO Next Day Dispatch UNIT_SOLUTION (5‑minute intervals). Intervention intervals excluded.
  • Regional pricedispatch_price RRP matched by settlement time and NEM region (from generator registry).
  • Revenue (× MLF) — cleared MW × (5/60 h) × RRP × MLF. Chart uses MLF effective on each interval’s date; summary total uses MLF as at the end of the selected period (same as the revenue list).
  • 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 fromMLF
2024-07-01 0.9977
2025-07-01 0.9986

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.
Type
OCGT
Capacity
40 MW
Revenue (× MLF) (stats)
See dispatch stats link above
Est. SRMC
$137.22/MWh
Capex total (greenfield)
$17.47M

Shown in table
$17.47M (2026 real AUD)

How this was derived
Official Tasmanian public audit report provides the nominal project cost and scope for the three Bell Bay Three gas turbine units; BBTHREE2 allocation is estimated pro rata.

Reference
Government Departments and Public Bodies 2005-2006 Executive Summary (high confidence)
Source recorded 04 Jun 2026

Capex refurbishment
Capex / MW derived
$436,742

Shown in table
$436.7k (2026 real AUD)

How this was derived
Per-MW value is derived from reported three-unit total cost, allocated one-third to BBTHREE2 and divided by 40 MW.

Reference
Government Departments and Public Bodies 2005-2006 Executive Summary (medium confidence)
Source recorded 04 Jun 2026

Fixed OPEX (annual)
$694.7k

Shown in table
$694.7k (2026 real AUD)

How this was derived
Annual fixed O&M is calculated from the generic small-GT fixed O&M rate and the stated 40 MW capacity.

Reference
2024 Energy Technology Cost and Parameters Review (medium confidence)
Source recorded 04 Jun 2026

Fixed OPEX / MW-yr
$17,368

Shown in table
$17.4k (2026 real AUD)

How this was derived
Bell Bay Three is a small aero-derivative OCGT-type asset; the small-GT generic fixed O&M assumption is used as a default.

Reference
2024 Energy Technology Cost and Parameters Review (medium confidence)
Source recorded 04 Jun 2026

Variable OPEX / MWh
$16.10

Shown in table
$16.10 (2026 real AUD)

How this was derived
Generic small-GT variable O&M assumption is used because unit-specific owner O&M was not located.

Reference
2024 Energy Technology Cost and Parameters Review (medium confidence)
Source recorded 04 Jun 2026

Fuel cost / GJ
$10.06

Shown in table
$10.06 (2026 real AUD)

How this was derived
The 2024-25 medium-case modelled delivered gas price for Bell Bay Three is used as a proxy only; ACIL Allen applied node prices to generators irrespective of existing contracts and added A$2/GJ for peaking generators.

Reference
Fuel and Technology Cost Review Final Report (medium confidence)
Source recorded 04 Jun 2026

Heat rate GJ/MWh
12.04

Shown in table
$12.04 (2026 real AUD)

How this was derived
AEMO existing-generator heat-rate dataset provides Bell Bay Three heat-rate assumptions on an HHV as-generated basis.

Reference
AEMO Heat Rate Data (high confidence)
Source recorded 04 Jun 2026

Confidence: medium · Status: ai estimated · Capex basis: estimated · AI checked 04 Jun 2026

Notes
No specific financial and operating data available for Bell Bay Three. Information may need to be estimated based on OCGT technology defaults.

Latest AI note (4 Jun 2026)

Bell Bay Three comprises three gas turbine units. The reported construction/project cost found is for all three 38.75 MVA gas turbine units installed by Bell Bay Three Pty Ltd in 2005-06 at A$52.409 million; the capex_total_aud shown for BBTHREE2 is a one-third allocation of that reported total and uses the user-supplied 40 MW capacity for per-MW calculation. O&M, asset-life and generic max-load heat-rate/efficiency assumptions are based on AEMO/Aurecon/GHD small OCGT or AEMO existing-generator assumptions, not BBTHREE2 owner-reported accounts. AEMO heat-rate data gives Bell Bay Three static heat rate 12.04 GJ/MWh HHV and variable heat-rate parameters of 108.79 GJ/h base and 9.32 GJ/MWh incremental. Emissions intensity is calculated as 12.04 GJ/MWh multiplied by 51.53 kgCO2-e/GJ for natural gas distributed in a pipeline. AEMO/AEMC material indicates Bell Bay Three had an announced withdrawal intention around 2015 that was later rescinded; AEMO 2025-26 marginal-loss-factor data still lists BBTHREE2 at the Bell Bay Three No.2 connection point. No unit-specific major refurbishment cost was found.

View 4 earlier AI notes
4 Jun 2026

Bell Bay Three is part of Hydro Tasmania's Tamar Valley Power Station complex. Hydro Tasmania identifies the OCGT fleet as 3 x 40 MW Pratt & Whitney FT8 Twin Pac units plus a 58 MW Rolls Royce Trent. Exact original construction/purchase capex for BBTHREE2 was not found; the available official 2016 background document says the three FT8 units were originally purchased by Hydro Tasmania for energy supply mitigation before Basslink, were second-hand, and were approaching end of life. Capex, fixed O&M, variable O&M, heat rate, efficiency and asset life are therefore default estimates using AEMO/Aurecon 2024 small OCGT assumptions, scaled to the 40 MW DUID. Emissions intensity is calculated as 9.373 GJ/MWh LHV heat rate multiplied by 51.53 kg CO2-e/GJ natural gas Scope 1 factor. AER operating notes indicate intermittent/sparing OCGT operation, ongoing NOx investigations on Pratt & Whitney units, and a February 2025 NOx exceedance on Unit 102B; BBTHREE2 is inferred to correspond to the second FT8 Twin Pac/Unit 102, but this unit mapping should be verified with plant records.

4 Jun 2026

BBTHREE2 is one of three Pratt & Whitney FT8 Twin Pac OCGT units at Tamar Valley / Bell Bay Three. Official owner material confirms 3 x 40 MW FT8 Twin Pac OCGT within the 386 MW Tamar Valley Power Station. Exact original 2006 construction/acquisition cost for BBTHREE2 was not found. The capex value is a pro-rata allocation of a reported March 2007 AUD 75 million Alinta purchase of the 105 MW Bell Bay peaking plant site, which included gas pipeline capacity agreements; it is therefore not a pure construction cost and is marked estimated. Fixed O&M is a generic OCGT assumption from ACIL Tasman/QCA, applied to 40 MW. Variable O&M, fuel cost, thermal efficiency and emissions intensity are Bell Bay Three-specific modelling assumptions from ACIL Tasman 2009/2010. Heat rate is AEMO-specific for Bell Bay Three. Hydro Tasmania annual reporting notes site rehabilitation provisions for demolition/remediation of Bell Bay plant and Tamar Valley Power Station at end of useful life, but no BBTHREE2 closure year was found in the searched public sources.

4 Jun 2026

Bell Bay Three comprises the three pre-existing Pratt & Whitney FT8 Twin Pac OCGT units at Tamar Valley Power Station. BBTHREE2 is treated as one 40 MW FT8 unit; exact mapping to the AER equipment labels is inferred as Unit 102/Unit 102A-102B. No source-backed original construction cost for BBTHREE2 was found. The capex value used is an estimated one-third allocation of the reported 2007 Alinta purchase of the Bell Bay site and three gas turbines for A$75 million; this is an acquisition/value allocation including site and gas pipeline capacity agreements, not a pure construction EPC cost. Fixed and variable O&M, heat rate, efficiency, capex replacement benchmarks and asset life are technology defaults from the Aurecon 2024 Energy Technology Cost and Parameters Review for AEMO, using the small aero-derivative OCGT case. Emissions intensity is calculated as heat rate 9.373 GJ/MWh multiplied by the 2025 NGA Factors natural gas pipeline Scope 1 combined-gases factor of 51.53 kg CO2-e/GJ. Major operating notes: 2023-24 AER states Unit 102A and Unit 102B were tested; Units 101 and 102 were used sparingly; a late-June 2024 lightning strike damaged all units. Unit 103A was not operational and Unit 103B had been out of service since 2018, which affects the wider Bell Bay Three station but not necessarily BBTHREE2 directly.

4 Jun 2026

Bell Bay Three BBTHREE2 is one of three Pratt & Whitney FT8 Twin Pac OCGT units. Generator-specific capex was not found; the profile uses a pro-rata allocation of Hydro Tasmania's reported A$50 million total project cost for three 38.75 MVA gas turbine units installed in 2005-06 and commissioned in 2006-07, divided by three and by 40 MW. Fixed and variable O&M are technology estimates from AEMO/Aurecon 2024 small aero-derivative OCGT parameters, not site-reported costs. Heat rate and efficiency use Mitsubishi Power FT8 SWIFTPAC public performance data for the same FT8 twin-engine aero-derivative package. Emissions intensity is calculated as heat rate 9.9 GJ/MWh multiplied by the Australian NGA 2025 stationary-combustion natural gas scope 1 factor of 51.53 kg CO2-e/GJ. No reliable public fuel price for Bell Bay Three was found. Closure/refurbishment: the original Bell Bay station ceased operations in 2009, but the three Bell Bay Three OCGTs became part of Tamar Valley Power Station; Hydro Tasmania stated in 2017 that the four open-cycle gas turbines at Tamar Valley would continue to provide peak supply. A 2025 Hydro Tasmania annual report excerpt indicates site rehabilitation provisioning for Bell Bay plant and Tamar Valley Power Station at end of useful life. A third-party NEMStats result listed an expected closure date of 2025-07-02 while also listing the unit in service; this was treated as a warning rather than relied on because AEMO 2025-26 MLF documents still list BBTHREE2.

Sources