05:20:21 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



TransAlta Corp
Symbol TA
Shares Issued 306,833,552
Close 2024-04-08 C$ 8.50
Market Cap C$ 2,608,085,192
Recent Sedar Documents

Globe says Capital Power, TransAlta exploring SMRs

2024-04-09 07:59 ET - In the News

See In the News (C-CPX) Capital Power Corp

The Globe and Mail reports in its Tuesday edition that the Port of Belledune has ambitious plans to reindustrialize New Brunswick using nuclear to get there. The Globe's Emma Graney writes that alongside potential wind turbines, solar farms and biomass projects is a proposal that would see hydrogen produced using small modular reactors (SMR), with residual heat from the process used for various industrial activities such as heavy metallurgy or petrochemical production. From the Atlantic to the land-locked prairies, provinces are eyeing small modular reactors to provide not just electricity, but heat and energy for heavy industry. Ontario Power Generation (OPG) has begun preparations to construct up to four BWRX-300s -- an SMR developed by GE-Hitachi -- at its Darlington station in Clarington. If completed on schedule by 2028, the first unit would be among the earliest SMRs built worldwide. Earlier this year, Edmonton-based Capital Power, in partnership with OPG, announced it would assess the viability of building SMRs in the province. This week, X-energy Reactor announced a partnership with Calgary's TransAlta to study using SMRs in Alberta. X-energy is hoping to roll out SMRs in the province by the early 2030s.

© 2024 Canjex Publishing Ltd. All rights reserved.