Quote:
Originally Posted by Tron_fdc
Oh look, Cowley Ridge is being de-commisioned and won't be rebuilt because *gasp* COST
http://calgaryherald.com/business/en...after-23-years
“TransAlta is very interested in repowering this site. Unfortunately, right now, it’s not economically feasible,” Wayne Oliver, operations supervisor for TransAlta’s wind operations in Pincher Creek and Fort Macleod, said in an interview.
“We’re anxiously waiting to see what incentives might come from our new government. . . . Alberta is an open market and the wholesale price when it’s windy is quite low, so there’s just not the return on investment in today’s situation. So, if there is an incentive, we’d jump all over that.”
That's EXACTLY what I said in my last post. |
I think this is more posturing than economics. TransAlta really wants the government to sit down and negotiate buyout rates for the existing coal infrastructure and announce incentives for new green power.
Until that happens I don't think you will see TransAlta announce much of anything.