Economic approach at-a-glance
| Goals and performance | Please refer to the 2009 Scorecard and TransAlta’s 2009 Annual Report |
| Policies | TransAlta has numerous financial policies in place including Purchasing, Financial Exposure Management, Commodity Exposure Management and Financial Accounting |
| Key successes and shortcomings | Due to the global recession, and lowered demand for electricity, we did not meet all of our financial goals. Plant availability adversely affected financial performance for the year
We stayed on track with our growth strategy through the acquisition of Canadian Hydro Developers and the expansion of our wind portfolio. We also maintained a strong balance sheet while spending almost $2 billion on growth, and increased our dividend |
| Risks and opportunities | A slow economic rebound will impact electrical demand and therefore financial performance
Investments in developing technologies, existing facilities and new renewable projects keep TransAlta at the forefront of its industry |
| Key strategies for implementing policies or achieving performance | Please refer to our growth strategy and the 2009 annual report |