FINWIRES · TerminalLIVE
FINWIRES

TransAlta's Coal-Fired Power Generation Facility Gets Additional 90-Day Federal Extension

By

TransAlta (TAC) confirmed Monday that its TransAlta Centralia Generation unit received a US Department of Energy order requiring Centralia Unit 2, a coal-fired power generation plant in Washington state, to remain available for operation through Sept. 13.

US Secretary of Energy Chris Wright issued the emergency order on Friday, saying the directive aims to reduce the risk of electricity shortages and outages in the Western Electricity Coordinating Council's Northwest region.

Centralia Unit 2 has a generating capacity of about 730 megawatts and was scheduled to cease operations at the end of 2025 under agreements tied to Washington state legislation, according to the order.

TransAlta has previously announced plans to convert the unit to natural gas by 2028, Wright said in the order.

The order follows earlier emergency directives that kept the unit available through June 14, according to the directive.

TransAlta said Monday it will comply with the directive and continue working with the US Department of Energy and Washington state officials.

Price: $13.39, Change: $-0.01, Percent Change: -0.07%

Related Articles

Wire

Top Cryptocurrencies Mixed; Bitcoin Holds Above $63,000 Level

Top cryptocurrencies were mixed on Friday, with Bitcoin (BTC-USD) edging up above the $63,000 level.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell almost 0.3% in the past 24 hours. The Nasdaq 100 rose 0.3%, the S&P 500 added 0.5%, and the Dow Jones Industrial Average increased 0.7%.Bitcoin gained 0.4% at $63,577, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume fell 10.5% to $26.96 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, fell 1% to $1,664.XRP (XRP-USD) fell 0.9%, BNB (BNB-USD) lost 0.1%, and Solana (SOL-USD) dipped 0.3%. Dogecoin (DOGE-USD) rose 1.1%, and Cardano (ADA-USD) increased 0.8%.The US 10-year Treasury yield stood at 4.487% at 3 p.m. ET Friday, up from 4.461% Thursday, while the five-year yield rose to 4.213% from 4.188%.The total market value of the cryptocurrency industry fell 0.2% in the past 24 hours to $2.18 trillion, and trading volume decreasing 6.4% to $74.24 billion.Price: $63577.49, Change: $+24.41, Percent Change: +0.04%

$ADA-USD$BNB-USD$BTC-USD$DOGE-USD$ETH-USD$SOL-USD$XRP-USD
Wire

Cosmos Health Gets New Contract Manufacturing Orders for 253,657 Units Across Multiple Medicines

Cosmos Health (COSM) said Friday its wholly-owned subsidiary Cana Laboratories has received new contract manufacturing orders from Nassington and Verisfield.The orders comprise a combined 253,657 units covering a range of medicines and pharmaceutical products, according to a statement.Price: $0.21, Change: $+0.01, Percent Change: +2.91%

$COSM
Wire

Seadrill Insider Sold Shares Worth $1,403,668, According to a Recent SEC Filing

Todd D Strickler, Senior Vice President & General Counsel, on June 10, 2026, sold 31,409 shares in Seadrill (SDRL) for $1,403,668.SEC Filing:https://www.sec.gov/Archives/edgar/data/1737706/000119312526269259/xslF345X05/ownership.xmlPrice: $44.54, Change: $+0.15, Percent Change: +0.34%

$SDRL