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TransAlta Corp T.TA

Alternate Symbol(s):  T.TA.PR.J | TSLTF | T.TA.PR.D | TAC | T.TA.PR.E | T.TA.PR.F | T.TA.PR.G | TACPF | T.TA.PR.H

TransAlta Corporation owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia. It provides municipalities, medium and large industries, businesses and utility customers with affordable, energy-efficient and reliable power. It also produces wind power and hydro-electric power. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. It has a diversified fleet of hydro, wind, solar, natural gas, and cogeneration generate 7,300 megawatt of electricity. It delivers renewable energy solutions for large scale commercial partners, including tech companies. It operates a fleet of electrical power generation assets, including Antrim Wind Project, Ardenville Wind Facility, Old Town Wind Project, Pinnacle Project, SunHills Solar Project, Fortescue River Gas Pipeline, and others. The Antrim Wind Project is situated on over 1,700 acres of land located in Hillsborough County, New Hampshire.


TSX:TA - Post by User

Bullboard Posts
Post by Airedaleson Sep 25, 2014 10:25am
425 Views
Post# 22969335

TransAlta Submissions for MSA Hearing Posted to AUC Website

TransAlta Submissions for MSA Hearing Posted to AUC Website
Basically TransAlta's case is that it can do anything it wants under the PPA contracts including witholding physical generating capacity by timing and stacking PPA "forced" unit outages while uneconomically counterflowing on the interties during system-critical time of use periods.  Furthermore, TA asserts that this agregious market manipulation is not anti-competitive, that any other market participant would have done the same thing, and that costing Alberta consumers an extra $130 million on just 4 occasions caused no market inefficiency nor public harm.

TransAlta, just another arrogant self-serving "hedge fund" soon to follow in the footsteps of Enron.



Bullboard Posts