> New hearings announced on need for enhanced transmission system

The Alberta public once again is being invited to information sessions on the need to build up provincial transmission systems, this time without covert eavesdropping by provincial regulators.

The Alberta Electric System Operator, which manages the province’s aging power grid, said Tuesday it will be hosting open-mike sessions in late November and early December with stakeholders along both sides of the Calgary-Edmonton corridor on the need to reinforce the system.

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http://www.canada.com/calgaryherald/news/calgarybusiness/story.html?id=b76839ae-f81c-4696-9c9a-3968cbf3e401

> Electricity sector a ‘lose-lose’

Canada’s electricity sector is wasting billions of dollars subsidizing consumers, a structure that inadvertently encourages carbon emissions and creates vast inefficiencies, industry leaders heard Tuesday.

“The current Canadian electricity sector is a lose-lose situation,” economist Pierre-Olivier Pineau told the annual electricity conference of the Canadian Energy Research Institute in Calgary Tuesday.

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http://www.canada.com/calgaryherald/news/calgarybusiness/story.html?id=30ed19b0-c97c-4c8c-a32a-aa326aad9ac4

> TransAlta earnings jump 87% on boom

TransAlta Corp. saw net earnings jump 87 per cent, year-over-year, to $65.9 million during the third quarter on increased generation from its coal-fired Centralia power plant in Washington, the company reported Tuesday.

The Calgary-based firm, Canada’s largest independent power producer, said strong prices in Alberta also contributed to higher profits, despite a month-long unplanned outage at one of its Sundance generator units during peak summer demand.

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http://www.canada.com/calgaryherald/news/calgarybusiness/story.html?id=ca72c1c5-210e-4319-a760-ff4e49b2a553