The NEM-wide volume-weighted wind capacity factor rose to 33%, up 3 percentage points from Q2 2025, with Queensland’s factor reaching 41%. Total coal-fired generation fell to a new Q2 low of 13,158MW, down 5% from Q2 2025, while gas-fired output averaged just 1,050MW, the lowest Q2 figure since 2003. Home battery storage adoption also accelerated through the quarter, supported by the federal government’s Cheaper Home Batteries Program. Total estimated net battery storage revenue fell to AU$57.5 million in Q2 2026, down from AU$130.5 million in Q2 2025. Of that battery storage pipeline, 32.9GW features grid-forming inverters, which provide synthetic inertia and system strength services as coal-fired generation exits the market.