NEWS
05/03/2016 10:46 EDT | Updated 05/04/2017 01:12 EDT

Tight timeline for Alberta coal power elimination worries TransAlta CEO

CALGARY — The CEO of TransAlta Corp. (TSX:TA) says she has misgivings about the pace and complexity of the Alberta government's efforts to phase out coal-fired power generation by 2030.

Dawn Farrell says she recently met with Terry Boston, who was appointed by the government last month to lead discussions on the plan.

Farrell says she believes there is not enough time to conclude a report due in September on how to eliminate coal-fired electricity generation is tight.

But she says the company is willing to do its part to come up with a solution.

In November, the government said all coal-fired power plants would be forced to shut down or be emissions-free by 2030 as part of Premier Rachel Notley's plan to address climate change.

Twelve of Alberta's 18 coal-fired generating units are expected to shut down before 2030 under federal regulations, and Boston is to concentrate on finding ways to close the six others.