TransAlta Development and Strategic Accomplishments
Our Investment Focus: 2021 to 2025
5
RENEWABLES AND STORAGE
GAS GENERATION
PARALLEL NEW INVESTMENTS
Expand core focus of onshore wind in
North America with customer-centred
greenfield development
• Establish position in solar targeting the
United States, Canada and Australia
markets through acquisition
Establish position in storage, targeting
Alberta to meet future grid stability
requirements
Establish position in hybrid solutions in
Alberta and Australia with customer-
centred focus
Optimize legacy Alberta Hydro assets
and maximize cash flow from fleet
• Optimize existing gas generation
to maximize value and cash flows
to support renewables and storage
growth
• Assess parallel ESG or new industry
sectors such as water treatment,
transmission/distribution and car charging.
• Monitor new technologies such as storage,
hydrogen and carbon capture technologies
for deployment post-2025
15
~3 GW of development and three advanced-stage wind projects
TransAltaView entire presentation