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TransAlta Corp. Accused Of Manipulating Electricity Market

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Alberta’s electricity market watchdog has accused TransAlta Corp. of manipulating the market by shutting down its power plants at peak times to drive up prices.

The Market Surveillance Administrator (MSA) filed the accusations before the Alberta Utilities Commission (AUC) on Monday, claiming TransAlta “undermined the integrity of the Alberta wholesale electric energy market by engaging in anti-competitive conduct.”

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