TSX:TARenewable Energy
TransAlta Faces DOE Coal Mandate And Fresh Valuation Questions
United States Department of Energy ordered TransAlta (TSX:TA) to keep the coal fired Centralia Unit 2 in Washington state available for operation for 90 days.
The federal directive temporarily overrides a state law that makes coal use at the facility uneconomic.
The order affects TransAlta's U.S. power generation footprint and introduces fresh regulatory uncertainty around the plant's future.
For you as an investor, this puts a spotlight on how TransAlta's mix of generation assets can be...