Tag: Alberta Energy

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Northwest Alberta hydro project to be reviewed by independent panel

Northwest Alberta hydro project to be reviewed by independent panel

Alberta hydro project would see dam on Peace River EDMONTON _ The federal government has ordered a review of a proposed hydroelectric project in northwestern Alberta. The AHP Development Corp. says it wants to build a power plant and dam on the Peace River upstream from the community of Dunvegan. Environment Canada says it is […]

February 15, 2016 | By | Reply More
Alberta oil industry meeting with PM: Encouraging, but no pipeline assurances

Alberta oil industry meeting with PM: Encouraging, but no pipeline assurances

Alberta oil industry reps met with Prime Minister Trudeau, Alberta Premier Notley CALGARY _Meetings with Alberta’s premier, oil industry leaders and workers haven’t changed Prime Minister Justin Trudeau’s position on a pipeline to the East Coast. “I am not going to prejudge or shortcut the (National Energy Board) process as it goes forward,” he said […]

February 4, 2016 | By | Reply More
Alberta climate plan will mean utilities emissions cut, higher rates: study

Alberta climate plan will mean utilities emissions cut, higher rates: study

Alberta climate plan initiatives would result in big emission reductions CALGARY _ A new study has found that Alberta’s climate change initiatives would result in big emission reductions but power producers would need significantly higher renewable rates to justify building wind and solar power. The report, prepared by utilities consultant EDC Associates Ltd., looked at […]

January 26, 2016 | By | Reply More
Canadian pipeline policy clarity questioned as Parliament resumes

Canadian pipeline policy clarity questioned as Parliament resumes

Canadian pipeline policy, TPP discussed in Parliament Monday OTTAWA _ The Canadian pipeline debate dominated a raucous return for parliamentarians Monday as the House of Commons resumed sitting under the new Liberal majority. Prime Minister Justin Trudeau’s government sat for a week in December following the October election, long enough for a throne speech outlining […]

January 25, 2016 | By | Reply More
TransAlta cuts dividend to preserve cash, prepares for coal phase out

TransAlta cuts dividend to preserve cash, prepares for coal phase out

TransAlta dividend cut by almost 78 per cent CALGARY _ TransAlta Corp has slashed its dividend by almost 78 per cent in a move to preserve cash as the Alberta power generator readies itself for a transition away from coal to natural gas and renewables. The cut in the quarterly dividend, to four cents from […]

January 15, 2016 | By | Reply More
TransAlta Renewables garners $200M investment from AIMCo

TransAlta Renewables garners $200M investment from AIMCo

TransAlta Renewables investing in cogeneration plant, wind farm, hydro facility CALGARY _ A day after the Alberta government unveiled its plan to tackle climate change, Alberta’s pension fund manager is investing $200 million in green energy. Alberta Investment Management Corp. (AIMCo), which has $85 billion in assets under management, is investing $200 million in TransAlta […]

November 23, 2015 | By | Reply More
Alberta carbon tax part of climate change policy

Alberta carbon tax part of climate change policy

Alberta carbon tax rebate for low, middle-income families EDMONTON _ Alberta took what it hopes will be the first step toward shedding its status as international environmental pariah Sunday by revealing a sweeping climate change plan. The plan, the result of months of study and public input, will introduce a broad-based carbon tax that would […]

November 23, 2015 | By | Reply More
Alberta coal shift: TransAlta warns of Ontario style rate hikes

Alberta coal shift: TransAlta warns of Ontario style rate hikes

TransAlta says there is a “real risk to consumers” CALGARY _ Change is coming to Alberta’s electricity sector, but industry watchers are divided on how it will affect rates for consumers already hit hard by the enduring global oil price slump. Pointing to Ontario, TransAlta chief executive Dawn Farrell recently raised the spectre of rate hikes […]

November 18, 2015 | By | Reply More
TransAlta case: Alberta Utilities Commission approves $56M settlement

TransAlta case: Alberta Utilities Commission approves $56M settlement

TransAlta deliberately timed outages to drive up electricity prices CALGARY _ The Alberta Utilities Commission has approved TransAlta’s proposed $56-million settlement for deliberately timing outages at power plants to drive up electricity prices. TransAlta (TSX:TA) will pay a $52-million administrative penalty, which the commission says is the largest of its kind in Canadian history, plus […]

October 30, 2015 | By | Reply More
TransAlta offers to pay $56M settlement in electricity price fixing case

TransAlta offers to pay $56M settlement in electricity price fixing case

TransAlta offer subject to approval by Alberta Utilities Commission EDMONTON – TransAlta Corporation is offering to pay a $56 million settlement after Alberta’s regulator found it deliberately timed outages at power plants at peak times to drive up electricity prices. TransAlta (TSX:TA) said the proposal includes the repayment of money it made by the activity, legal costs […]

October 1, 2015 | By | Reply More