Quote:
Originally Posted by GP_Matt
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.
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I disagree (to some extent). Sure there is posturing, but with the spot price for power where it is and the cost to put in a development right now it makes it economically unrealistic. Again, I've looked at the economics and it's not a big moneymaker.
As biased as they are, Transalta just confirmed everything I said with that release. Sure they may be using it as a soapbox to get their point across, but it doesn't change the fact that wind generation is a marginal investment at the moment in Alberta.