EX-99.5 6 a20241231tacex995.htm EX-99.5
Exhibit 99.5
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We consent to the reference of our Firm under the caption “Experts”, and to the incorporation by reference in the following Registration Statements:
(1) Form S-8 Nos. 333-260935, 333-236894 pertaining to TransAlta Corporation’s Share Unit Plan, and
Form S-8 Nos. 333-72454 and 333-101470 pertaining to TransAlta Corporation’s Share Option Plan
(2) Form F-10 No. 333-271953 pertaining to the registration of Debt and Equity Securities
of TransAlta Corporation and the use herein of our reports dated February 19, 2025, with respect to the consolidated statements of financial position as at December 31, 2024 and 2023 and the consolidated statements of earnings, comprehensive income (loss), changes in equity and cash flows for each of the years in the three year period ended December 31, 2024, and the effectiveness of internal control over financial reporting of TransAlta Corporation as of December 31, 2024, included in this Annual Report on Form 40-F.

| /s/Ernst & Young LLP
Calgary, Alberta February 19, 2025 | Chartered Professional Accountants

A member firm of Ernst & Young Global Limited