Mt Piper (MP1)

Coal · EnergyAustralia NSW Pty Ltd · Turbine - Steam Sub Critical

Operational AEMO: In Service NSW1 Fossil - Black Coal NEM data · 24 hours
730 MW
Registered nameplate capacity
24 hours revenue
$380.5k
Capacity factor
36.7%
Revenue / MWh
$59.10
Est. SRMC
$49.24/MWh

Energy flow

Dispatch target (cleared) vs availability — 5‑minute intervals. NSW1 regional price (RRP) on right axis.

Key information
Capacity
730 MW
AEMO status In Service
Project status Operational (AI)

Region NSW1
MLF 0.9727
DUID MP1
Owner EnergyAustralia NSW Pty Ltd
Commissioned
Expected closure 2025-07-02
Closure date
Technology Turbine - Steam Sub Critical
Fuel Fossil - Black Coal
Steam turbine OEM
Turbine / boiler supplier
Stats window
03 Jun 2026 18:25 → 04 Jun 2026 18:25 AEST

Dispatch & revenue

03 Jun 2026 18:25 → 04 Jun 2026 18:25 AEST

Revenue (× MLF)
$380.5k
Dispatched
6,437.9 MWh
Available
7,178.3 MWh
Curtailed
2,487.6 MWh
Curtailment
34.7%
of available
MLF used
0.9727
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 0.9706
2025-07-01 0.9727

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
Black coal
Capacity
730 MW
Revenue (× MLF) (stats)
See dispatch stats link above
Est. SRMC
$49.24/MWh
Capex total (greenfield)
$41.71M

Shown in table
$41.71M (2026 real AUD)

The saved AI note for this row describes refurbishment or upgrade capex, not greenfield construction. See Capex refurbishment or run Refresh from AI for an updated source.

Reference
EnergyAustralia to invest $80 million to upgrade turbines at Mt Piper power station (high confidence)
Source recorded 04 Jun 2026

Capex refurbishment
$104.17M

Shown in table
$104.17M (2026 real AUD)

Reported / source value
$80.00M (2019 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
Retrieved excerpt confirms turbine steam-path component replacement/upgrades; however the specific $80m 2019 turbine-upgrade figure was not reliably sourced from this page content in retrieved materials. Refurbishment amount was set to $80m (2019) as per user-provided example but should be verified against the original announcement.

Reference
EnergyAustralia’s Mt Piper maintenance program boosts economy by $60 million (low confidence)
Source recorded 04 Jun 2026

Capex / MW derived
$57,143

Shown in table
$57.1k (2026 real AUD)

How this was derived
Unit cost is a calculation from the reported two-unit nominal capex and original 1,320 MW scope; it is not separately reported in the source.

Reference
1992-93 Budget Paper No. 4 State Capital Projects (medium confidence)
Source recorded 04 Jun 2026

Fixed OPEX (annual)
$4.87M

Shown in table
$4.87M (2026 real AUD)

Reported / source value
$4.75M (2025 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
Annual fixed O&M is calculated from default black-coal FOM and MP1 capacity; it is not a reported EnergyAustralia value.

Reference
nemo.costs.gencost2025 API documentation - GenCost 2024-25 costs (medium confidence)
Source recorded 04 Jun 2026

Fixed OPEX / MW-yr
$66,598

Shown in table
$66.6k (2026 real AUD)

Reported / source value
$65.0k (2025 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
Used the report’s fixed O&M cost level for the relevant coal cost category; subsequently applied to 730 MW to compute annual fixed OPEX.

Reference
2024 Energy Technology Costs and Technical Parameter Review (Aurecon for AEMO) - fixed O&M (medium confidence)
Source recorded 04 Jun 2026

Variable OPEX / MWh
$7.61

Shown in table
$7.61 (2026 real AUD)

Reported / source value
$7.43 (2025 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
Set variable OPEX per MWh using the generic technology parameter from the AEMO/Aurecon review.

Reference
2024 Energy Technology Costs and Technical Parameter Review (Aurecon for AEMO) - variable O&M (medium confidence)
Source recorded 04 Jun 2026

Fuel cost / GJ
$4.50

Shown in table
$4.50 (2026 real AUD)

How this was derived
Used only because no plant-specific delivered fuel cost or coal contract was available in the provided sources.

Heat rate GJ/MWh
9.25

Shown in table
$9.25 (2026 real AUD)

How this was derived
Extracted Mt Piper static heat rate (HHV basis) from AEMO heat-rate data table.

Reference
Heat rates Encapsulates the efficiency of thermal generators (AEMO heat rate data) (medium confidence)
Source recorded 04 Jun 2026

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

Notes
MP1 is treated as the 730 MW Unit 1. No reliable source for original nominal construction capex for Mt Piper Unit 1 was found in the web search. The capex value is therefore a default replacement-cost estimate: AEMO/Aurecon 2024 advanced ultra-supercritical black-coal-without-CCS EPC relative cost of AUD 5,031/kW applied to 730 MW. This is not the historical cost of MP1 and is not subcritical-specific. Fixed and variable O&M use AEMO/GHD 2025 large black-coal subcritical without-CCS estimates; fixed O&M is AUD 28,000/MW-year multiplied by 730 MW. Variable O&M excludes fuel. Heat rate is AEMO's Mt Piper static as-generated HHV heat rate. Efficiency is derived as 3.6/9.25 = 38.9%. Asset life is based on Unit 1 commissioning in 1993 and EnergyAustralia's retirement-by-2040 plan; generic coal technical life benchmarks can be 50 years. Major operating notes: both Mt Piper units were originally 660 MW, upgraded to 700 MW in 2009, and Unit 1 was upgraded in 2023 to 730 MW using modern turbine technology; EnergyAustralia plans Mt Piper to transition toward lower-output firming/reserve operation before retirement by 2040.

Latest AI note (4 Jun 2026)

Used AEMO heat-rate dataset to set Mt Piper (MP1) static heat rate. Used AEMO/Aurecon technology parameter review for variable O&M and fixed O&M (generic black coal, pro-rata/net). Refurbishment (turbine upgrades) identified as $80m in 2019; treated as brownfield refurbishment (not greenfield capex). Fuel cost, emissions intensity, and greenfield capex not fully sourced in retrieved materials; placeholders were not applied per CAPEX rules.

View 6 earlier AI notes
4 Jun 2026

Mt Piper Unit 1 was commissioned in 1992 and originally built as a 660 MW machine, later upgraded to 700 MW in 2009. EnergyAustralia announced more than $80 million of operational upgrades in 2019 to expand capacity across the two turbines by 60 MW; this is treated as refurbishment/brownfield capex, not greenfield construction cost. No reliable plant-specific greenfield CAPEX for MP1 was found in the supplied sources, so no capex_total_aud or capex_per_mw_aud is populated.

4 Jun 2026

Capex refers to the reported $80 million turbine upgrade announced in 2019, to replace major internal components of the two 700 MW turbines and add 60 MW total capacity by 2022. Mt Piper was commissioned in 1992-1993 and EnergyAustralia indicated in 2019 it was scheduled to operate until around 2042; later reporting noted closure brought forward to 2040 at the latest. No source-backed generator-specific fixed O&M, variable O&M, fuel price, heat rate, or emissions intensity was located in the provided results, so these remain unfilled.

4 Jun 2026

Generator-specific capex found in media report for a 2019 turbine upgrade at Mt Piper of $80 million, described as replacing the majority of the internal components of the plant's two 700 MW turbines and adding 60 MW by 2022. No source-backed fixed O&M, variable O&M, fuel price, or contract terms were located in the provided results, so benchmark coal values were not used to avoid unsupported estimates. For operational assumptions, broad subcritical black-coal benchmarks were applied only where necessary: heat rate ~9.8 GJ/MWh, efficiency ~36.7%, emissions intensity ~0.9 tCO2/MWh, and asset life 50 years; these are indicative, not reported for Mt Piper. Closure timing has been brought forward from 2042 to 2040 at the latest according to the source set, and Mt Piper was originally scheduled to remain around until 2042 in 2019 commentary.

4 Jun 2026

Provided search results confirmed Mt Piper units were commissioned in 1992 and 1993, upgraded in 2009, and Unit 1 upgraded again in 2023 to 730 MW. A Lithgow Mercury article quotes EnergyAustralia saying Mt Piper is scheduled to be around until 2042. No source-backed generator-specific capex, O&M, fuel price, heat rate, or emissions-intensity values were available in the provided results. Asset life is an estimate based on typical life of large coal steam units, not a reported Mt Piper-specific value.

4 Jun 2026

No web search results were returned for this specific generator, so no source-backed generator-specific financial assumptions could be verified. Values remain unfilled rather than estimated to avoid presenting unsupported assumptions as facts.

4 Jun 2026

Capex is the reported NSW budget estimate for construction of the Mt Piper Power Station scope of two 660 MW units at Portland, not a DUID-only MP1 cost. Capex_per_mw is calculated on the original two-unit 1,320 MW scope: AUD 1,767.199m / 1,320 MW = AUD 1.339m/MW, nominal early-1990s dollars. If allocated equally to MP1, an indicative half-share would be AUD 883.6m before any adjustment for later upgrades; that allocation is not reported. Fixed and variable O&M are technology-default assumptions for black coal from GenCost/AEMO-derived data, not Mt Piper reported costs; annual fixed opex is calculated for the current MP1 capacity of 730 MW. Emissions intensity is estimated from AEMO heat rate 9.25 GJ/MWh and Australian bituminous coal Scope 1 factor about 90.24 kg CO2-e/GJ, giving about 0.835 tCO2-e/MWh; CER facility data should be used where a specific year of reported output/emissions is required. Asset life is inferred for MP1 from Unit 1 commissioning in 1993 and EnergyAustralia's retirement by 2040. EnergyAustralia states both units were upgraded to 700 MW in 2009 and Unit 1 was upgraded to 730 MW in 2023 using modern turbine technology; Mt Piper is to transition toward lower-emissions firming/reserve operation before retirement by 2040.

Sources