TransAlta, one of Alberta's largest power generators, has cancelled one proposed development and put three others on hold, citing provincial
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.
In February, Alberta's government announced new rules on the development of renewable power in the province. They imposed a new 35-kilometre buffer zone around areas deemed "pristine viewscapes."
Calgary-based TransAlta said those rules, coupled with a lack of clarity around the future of renewable energy in Alberta, led to the decision to permanently scrap the Riplinger wind project near Cardston, Alta.
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.
"As we take stock of the government of Alberta's regulatory announcements, we reassessed our own growth plans in the province," said TransAlta CEO John Kousinioris during a first-quarter results call on Friday. [...]
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