TransAlta Corp T.TA.PR.F

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

Utilities Utilities - Independent Power Producers

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

TransAlta Corp > Extended cold snap in Alberta

<< Previous

Bullboard Posts

Next >>

Comment by wkrpradioon Jan 29, 2024 6:07pm

183 Views

Post# 35851517

RE:RE:Extended cold snap in Alberta

lighter789 wrote: I speculate it will be very positive - for 5 days the daily average price was ~$500/MWh or more, with extended periods of $1000/MWh. For the merchant part of their portfolio (i.e that is not pre-contracted), and which accounts at a minimum for >15% of their capacity, this would be highly lucrative. It should show up in the financial report in one of the next two quarters.

The big queston is "how much power did they hedge?". Management has a history of squandering profits.

<< Previous

Bullboard Posts

Next >>

Morning Market Outlook for Nov. 25, 2024