Cranbourne BESS (Macquarie)

BESS · Macquarie Corporate Holdings Pty Ltd · Storage - Battery

Dispatch stats Financials
Development AEMO: Publicly Announced Other - Other NEM data · 24 hours
150/300 MW
Researched capacity / storage
Est. SRMC
$1.50/MWh
Key information
Capacity (AI)
150 MW / 300 MWh

AEMO spreadsheet lists 150 MW; Cranbourne BESS has been publicly described as a 150 MW / 300 MWh battery project in market/project references.

AEMO status Publicly Announced
Project status Development (AI)

Macquarie announcement / project materials not available in provided results; inferred from project being publicly announced and not yet documented as under construction or commissioning.

Coordinates —

DUID —
Owner Macquarie Corporate Holdings Pty Ltd
Commissioned —
Expected closure —
Closure date —
Technology Storage - Battery
Fuel Other - Other
Battery OEM Tesla
Battery platform / chemistry Megapack
Inverter OEM —
Inverter / PCS model —
Equipment confidence low
Stats window
12 Jun 2026 23:45 → 13 Jun 2026 23:45 AEST

Dispatch & revenue

12 Jun 2026 23:45 → 13 Jun 2026 23:45 AEST

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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
Battery (BESS)
Capacity
150 MW / 300 MWh
Revenue (× MLF) (stats)
See dispatch stats link above
Est. SRMC
$1.50/MWh
Capex total (greenfield)
$87.34M

Shown in table
$87.34M (2026 real AUD)

Reported / source value
$80.00M (2023 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
Media report citing planning documents gave an approximately A$80 million total project cost for the Rangebank/Cranbourne West BESS.

Reference
Shell adds 400 MWh Rangebank battery to expanding energy storage portfolio (medium confidence)
Source recorded 04 Jun 2026
Capex refurbishment
—
Capex / MWh storage derived
$291,121

Shown in table
$291.1k (2026 real AUD)
Fixed OPEX (annual)
$1.31M

Shown in table
$1.31M (2026 real AUD)

Reported / source value
$1.60M (2023 nominal)
Table total may differ if recalculated from $/MW × registered capacity after CPI adjustment.

How this was derived
Annual fixed O&M is inferred from the benchmark rate and the user's stated 150 MW capacity.

Reference
2024 Energy Technology Cost and Parameters Review (high confidence)
Source recorded 04 Jun 2026
Fixed OPEX / MW-yr
$8,734

Shown in table
$8.7k (2026 real AUD)

Reported / source value
$8.0k (2023 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
AEMO/Aurecon GenCost review provides the benchmark fixed O&M cost used for large BESS.

Reference
2024 Energy Technology Cost and Parameters Review (high confidence)
Source recorded 04 Jun 2026
Variable OPEX / MWh default
$1.50

Shown in table
$1.50 (2026 real AUD)
Fuel cost / GJ
—
Heat rate GJ/MWh
—

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

Notes
The site is referred to publicly as Rangebank BESS in Cranbourne West. The project became fully operational in December 2024. The only plant-specific capital cost found was an approximately A$80 million project estimate reported in 2023 media citing planning documents; no owner-published nominal capex figure was located in the searched sources. O&M uses AEMO/CSIRO GenCost 2024-25 benchmark for large-scale BESS fixed O&M (A$8,000/MW-year, excluding battery replacement and extended warranties).

Sources