There is a growing interest in the use of advanced fabric energy storage (FES) systems in Australia. The influence of slab thickness and ventilation rate on the annual thermal load, and maximum heating and cooling demands for an office module using a ventilated hollow core concrete slab system has been investigated by simulation. Airflow through the panels was set at 1, 2 or 4 air changes per hour (ACH) for slab thicknesses of 205, 220 and 300 mm. These configurations were simulated using two different FES operational strategies for six capital cities in mainland Australia. The simulations show that FES systems can offer either energy and/or peak load savings in almost all locations investigated. Overall, compared to a conventional AC system, the tempering of incoming fresh air combined with night flushing of the FES system appears to be the most successful operational strategy.