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The U.S. Department of Energy announced last week that two marine projects will receive a combined $6 million to develop a tidal energy pilot site. The announcement marks the first of five phases in a $35 million investment from the 2021 Bipartisan Infrastructure Law, and could help deploy a tidal device for testing in Cook Inlet later this year.
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Hilcorp Alaska and HEX Cook Inlet were the two bidders in a royalty-free lease sale that state officials hoped would incentivize production in the inlet. It described the outcome of the sale as "promising."
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Long-time oil and gas industry observer Larry Persily gave the lecture to a packed room Thursday night at Kenai Peninsula College.
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In this conversation with Alaska Beacon reporter James Brooks, he explains what the project will mean for the future of renewable energy throughout the railbelt.
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Homer Electric General Manager Brad Janorschke said in a presentation this week that the utility is working on a variety of renewable energy efforts, including wind, solar, geothermal and a project to use methane from the Soldotna Landfill.
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Oil prices plummeted last spring as the country ground to a halt and demand for oil tanked. Larger oil and gas companies can typically keep business…
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A Cook Inlet oil and gas producer has asked the state for permission to suspend operations in two area until at least April 2021.Glacier Oil and Gas,…