energy

Rashah McChesney/Alaska Energy Desk

The Alaska Industrial Development and Energy Authority, or AIDEA, is a state-owned corporation that focuses on economic projects meant to create jobs and diversify the state’s economy. It uses its own revolving fund to generate loans and fund projects, meaning it doesn’t draw funding out of the state unrestricted general fund, which the Legislature allocates for the budget every year.

Photo Cyrus Read/Alaska Volcano Observatory/U.S. Geological Survey

Two companies are looking at the geothermal energy potential of Mount Spurr, a volcano about 40 miles west of Tyonek in Cook Inlet.

Once they have the final go-ahead from the state, GeoAlaska and Raser Power Systems can explore adjacent leases on the south side of the volcano.

 


ECON 919 - A new voice in the development debate

Jun 7, 2019

 

This week, getting to know the latest advocacy group trying to leave its mark on Alaska’s energy sector.

 


No guarantees for progress on AK LNG in 2019

Dec 28, 2018
Redoubt Reporter

 

The Alaska Gasline Development Corporation spent a lot of 2018 talking about how much progress it was prepared to make on an instate gas line in 2019 and beyond. But investors are still being sought and an environmental impact statement due in February is no guarantee that permits will be issued.