TransAlta, one of Alberta's largest power generators, has cancelled one proposed development and put three others on hold, citing provincial rule changes and a lack of certainty in the market.TransAlta, one of Alberta's largest power generators, has cancelled a proposed wind farm development and is putting a hold on three other power projects, citing provincial rule changes and a lack of certainty in the market.
The company began looking into the 300-megawatt wind farm in 2020, and has done studies to assess its environmental impact. It was expected to come online in 2027. "These projects all have varying degrees of merchant market exposure and have been put on hold until we receive sufficient clarity regarding the future market structure and the impact of changing frameworks on resulting market prices."on renewable energy approvals after the government decided the industry was growing too quickly, threatening agriculture and marring Alberta's landscape.
During times of higher demand, power from the new facility would be discharged to support the electric grid.
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Source: GlobalCalgary - 🏆 50. / 61 Read more »
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