TransAlta

Infobox_Company
company_name = TransAlta Corporation
company_
company_type = Public
company_slogan =
foundation =
location = Calgary, AB, Canada
key_people = Stephen Snyder, President & CEO
num_employees =
revenue =
industry = Electricity
products =
num_employees = 2,687 (2008)cite web |url=http://zenobank.com/index.php?symbol=TAC&page=quotesearch |title=Company Profile for TransAlta Corp (TAC) |accessdate=2008-10-09]
market c

homepage = [http://www.transalta.com/ www.transalta.com]

TransAlta Corporation (tsx|TA, nyse|TAC) (formerly:Calgary Power) is a Canadian energy company based in Calgary, Alberta. It operates 51 power plants in Canada, the United States, Mexico, and Australia. These plants have a total net ownership electricity generation capacity of 8,473 MW (as of December 2005). TransAlta owns 50% of CE Generation, and in 2002 purchased Vision Quest Windelectric Inc..

TransAlta has been generating electricity in Alberta since 1911. It is the province's largest electrical generator, with 4,882 MW in 2005. After deregulation in Alberta in 2001, the company sold its transmission and distribution network to Aquila, Inc.. The network was later acquired by Fortis Inc., a large utility company based in St. John's, Newfoundland and Labrador.

Photos

Environmental record

In 2007 TransAlta emitted 39.2 million tonnes of greenhouse gases. [ [http://www.transalta.com/transalta/webcms.nsf/AllDoc/380284A8B087ABA48725740F005958F0/$File/TA%2007AR%20Sustainability.pdf TA 07ARFeb27RL.qxd:Corporate ] ] This reflects a 4 percent increase over 2006 and is stated to be due to higher plant availability. On February 26, power generation was as follows:
Transalta has been investing in wind energy since then. On May 28, 2008 the company announced that a further 66 MW would be added to its Summerview Wind farm in Alberta [ [http://www.canada.com/edmontonjournal/news/business/story.html?id=8d665e71-b9cb-44a2-b69f-c274a8c14bc3 TransAlta announces wind-farm expansion ] ] at a cost of C$123 million. On 3 April, it announced a deal with France-based Alstom to develop a carbon dioxide capture and storage project in Alberta. [ [http://www.cbc.ca/money/story/2008/04/03/transaltaalstom.html?ref=rss TransAlta, Alstom plan Alberta carbon capture project. CBC News ] ] The companies will spend $12 million on the first phase of the project on engineering, stakeholder relations and regulatory work. Testing would commence in 2012 and is expected to cut green house emissions by one million tonnes per year.

Centralia Coal Mine closure

The Centralia Coal Mine, a TransAlta-owned coal mine located in the U.S. state of Washington, closed down on November 27, 2006. The coal mine closure resulted in the loss of over 550 union jobs, hitting the town of Centralia and the rest of Lewis County hard. The Centralia Steam-Electric plant, also owned by TransAlta, will continue to operate with coal delivered from the Powder River Basin.

References

* [http://www.pewclimate.org/companies_leading_the_way_belc/company_profiles/transalta Snyder, Stephen G. “TransAlta.” Pew Center.]

External links

* [http://www.transalta.com/ Company website]