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HomeMy WebLinkAboutRes 2019-03-AEA-Sweetheart-Lake-HydroALASKA ENERGY AUTHORITY RESOLUTION NO. 2019-03 RESOLUTION OF THE ALASKA ENERGY AUTHORITY AUTHORIZING STAFF TO ASSIST THE DEVELOPMENT OF THE SWEETHEART LAKE HYDROELECTRIC PROJECT WHEREAS, the Alaska Industrial Development and Export Authority (AIDEA) mission is to facilitate, foster and promote economic development; WHEREAS, the Alaska Energy Authority (Authority) mission is to reduce the cost of energy in Alaska. AEA is the state's energy office and lead agency for statewide energy policy and program development; WHEREAS, AIDEA owns the Snettisham Hydroelectric Facility which includes a forty-four (44) mile transmission line (together the Snettisham system) and retains responsibilities with respect to project finance, and the Authority, through subject matter experts, provides all owner related Project Management functions; WHEREAS, under the applicable agreements, Alaska Electric Light and Power (AEL&P) has the responsibility for the operation of, and purchases all power generated by, the Snettisham system; WHEREAS, the Sweetheart Lake Hydroelectric project being developed by Juneau Hydropower has been licensed by the Federal Energy Regulatory Commission (FERC) and requires an interconnection agreement to the Snettisham transmission line, the parties to which are anticipated to be AEL&P as operator of the Snettisham system and Juneau Hydropower Inc. as developer of the Sweetheart Lake Hydroelectric project; and WHEREAS, the Board of Directors believes that the development of the Sweetheart Lake Hydroelectric Project could be beneficial to the people and economy of Southeast Alaska, and therefore advances the general prosperity and economic welfare of the people of the state in furtherance of the corporate purposes of the Authority. NOW, THEREFORE, BE IT RESOLVED BY THE ALASKA ENERGY AUTHORITY AS FOLLOWS: Section 1. The Board of Directors promotes and urges the expeditious completion of a non-discriminatory Interconnection and Transmission Services agreement with reasonable terms for compensation, operation and maintenance in order to facilitate the continued development of the Sweetheart Lake Hydroelectric Project in accordance with all applicable law. Section 2. The Executive Director of the Authority is authorized and empowered to take any and all actions appropriate and consistent with this Resolution. Section 3 This Resolution shall become effective immediately upon its passage and approval. DATED at Anchorage, Alaska, this 17th day of April, 2019. �� '••Tti 0 XAPORgT�'':9 - rs-7b. Secretary Chair AEA Resolution No. 2019-03 Page 2