Google Zen Energy South Australia

[Landdownunder]

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]

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

[AlbertaFarmer5]

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.

[chuckChuck]

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."

[LEP]

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.

[chuckChuck]

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.

[chuckChuck]

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.

[Hamloc]

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.

I realize Landdownunder has you blocked Chuck2 but can you read his posts? If you can apparently your comprehension is severely compromised.. Or maybe try reading his post again!!!!

[Landdownunder]

Could be simple fact Zen got to big to quick mismanagement they had plans to expand in QLD not sure others suggest a long term deal they was selling power under the cost of production.

It aint cheap the infrastructure for solar or wind dont know cost of towers presume tripled in last 10 yrs

[Landdownunder]

Lots of reasons coming out Wind drought, less sunshine, assets devalued increased running costs. First two reasons they possibly had to buy electricity on wholesale market at inflated prices when shortfalls occurred.