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Google Zen Energy South Australia

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  • Landdownunder
    Senior Member
    • Mar 2021
    • 1862

    Google Zen Energy South Australia

    One of the big green energy companies here has gone into liquidation. So so many govt handouts concessions over the years has put a shockwave through Australian energy market.

    One wonders what the fall out will be and power bills already third most expensive power in the world but we are world leaders in solar and battery.

    Taxpayer dollars gone into zen and tax payers paying through nose for power watch this space. Some suggesting domino effect others to follow personally I doubt it nuts and bolts of collapse will come out in time
  • LEP
    Senior Member
    • Feb 2007
    • 2529

    #2
    But, but, Glen will say that the power is free. That solar is the cheapest solution.

    Comment

    • AlbertaFarmer5
      Senior Member
      • Oct 2010
      • 12569

      #3
      Originally posted by LEP View Post
      But, but, Glen will say that the power is free. That solar is the cheapest solution.
      It's the cheapest except for everywhere it's ever been tried in the entire world every time.

      Comment

      • chuckChuck
        Senior Member
        • Dec 2006
        • 13019

        #4
        Sask power lost a lot of money in the last few years. Based on mostly coal and gas. Without government intervening they would be in serious trouble.

        But that doesn't change the fact that nuclear is the most expensive option and wind and solar are the lowest cost option.

        Our small farm based solar is only 8 cents per kwh. 7 cents per kwh cheaper than Sask power.


        SaskPower ([url]https://www.saskpower.com/[/url]) considers wind power one of its lowest-cost, most economical options for adding new electricity to the grid. [1 ([url]https://engage.saskpower.com/future-power-supply[/url]), 2 ([url]https://www.saskpower.com/our-power-future/our-electricity/electrical-system/balancing-supply-options/wind)][/url]



        The Financials
        • Competitive Bidding: SaskPower secures wind power through competitive requests for proposals (RFPs) to guarantee the lowest possible rates. [1 ([url]https://www.cbc.ca/news/canada/saskatchewan/wind-saskpower-frustration-1.3826691)][/url]
        • Contract Prices: Recent long-term power purchase agreements (PPAs) have yielded wind energy bids averaging around $64 per megawatt-hour (MWh). [1 ([url]https://renewablesassociation.ca/an-energy-solution-made-in-saskatchewan/)][/url]
        • Cost Comparison: Wind prices are well below SaskPower's average retail rate and significantly cheaper than building or refurbishing traditional fossil-fuel facilities. [1 ([url]https://www.theenergymix.com/26b-coal-extension-plan-will-raise-sask-power-rates-95-curtail-new-renewables-buys/[/url]), 2 ([url]https://engage.saskpower.com/future-power-supply[/url]), 3 ([url]https://renewablesassociation.ca/an-energy-solution-made-in-saskatchewan/[/url]), 4 ([url]https://www.producer.com/news/turbines-spin-wind-into-power/[/url]), 5 ([url]https://cape.ca/press_release/health-leaders-urge-saskatchewan-to-quit-coal/)][/url]



        "SaskPower reported a net loss of $114 million for the 2025-26 fiscal year. This $190-million drop from the previous year was largely driven by the discontinuation of the federal carbon charge on customer bills in April 2025, combined with rising supply chain and infrastructure costs. [1 ([url]https://www.sasktoday.ca/provincial-news/2025-26-crowns-annual-reports-released-includes-losses-at-sask-power-12456389[/url]), 2 ([url]https://globalnews.ca/news/11936376/saskpower-reports-annual-loss-grant-cic/)][/url]

        The utility's actual financial shortfall would have been much higher without a $187-million grant from the Crown Investments Corporation (CIC) intended to stabilize rates for customers."


        ?

        Comment

        • LEP
          Senior Member
          • Feb 2007
          • 2529

          #5
          Saskpower is investing hugely in infrastructure and transmission lines. It unrelated to the source of power. They are tieing in north and south distribution lines as well as more connections east and west.

          They also embarked on a massive program of building workshops throughout the province. It was only a few years ago that it was estimated that they needed to replace a 100,000 poles and year to keep up with maintenance and renewal. Again nothing to do with the source of power.

          Comment

          • chuckChuck
            Senior Member
            • Dec 2006
            • 13019

            #6
            Roof top solar on every farm, house and industrial building would reduce the need for transmission lines.

            Matched with lower cost batteries, this will be the future.

            EVs already store enough electricity for several days.

            New lower cost batteries are already here.

            Comment

            • chuckChuck
              Senior Member
              • Dec 2006
              • 13019

              #7
              Brad Wall said we would have 50% renewables. Sask Power must have know that was possible. Otherwise he wouldn't have said it. Several countries have already surpassed 50% renewable electricity.

              Comment

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