TransAlta fully retires all the units of its Wabamun power plant

Calgary, Alberta, April 1, 2010 — TransAlta Corporation has fully retired all the units of its Wabamun power plant.

In 2002, after extensive evaluation and consultation, TransAlta announced the phased shut-down of the four-unit power generation station.

On March 31, 2010, the last operating unit ended commercial operation. Over the next several years TransAlta will complete the Wabamun remediation and reclamation work as approved by the Government of Alberta.

Built in 1956 with what was then the latest in coal-fired technology, the 537 MW generating facility has been a cornerstone asset for TransAlta.

K3, a joint venture between TransAlta and Capital Power Corporation is a 450 MW coal-fired power plant equipped with the latest in super-critical technology. Scheduled for commercial operation in the first quarter of 2011, K3 will also be the test site for Project Pioneer, one of Alberta’s key carbon capture and storage initiatives.

TransAlta is a power generation and wholesale marketing company focused on creating long-term shareholder value. TransAlta maintains a low-to-moderate risk profile by operating a highly contracted portfolio of assets in Canada, the United States and Australia.

TransAlta’s focus is to efficiently operate our biomass, geothermal, wind, hydro, natural gas and coal facilities in order to provide our customers with a reliable, low-cost source of power.

For 100 years, TransAlta has been a responsible operator and a proud contributor to the communities where we work and live. TransAlta is recognized for its leadership on sustainability by the Dow Jones Sustainability North America Index, the FTSE4Good Index and the Jantzi Social Index.

The Wabamun Plant is one of three coal-fired generating stations built in the Wabamun Lake area, 70 kilometres west of Edmonton, Alberta. On average over the service life of the Wabamun Plant it annually produced 3.7 million MWh of energy — enough each year to supply about 500,000 Alberta households.

 

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