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HomeMy WebLinkAboutCook Inletkeeper- Ormat Letter of Support - AEA 2010 P.O. Box 3269, Homer, Alaska 99603 • p. 907.235.4068 • f. 907.235-4069 • www.inletkeeper.org September 14, 2010 Alaska Energy Authority 813 West Northern Lights Boulevard Anchorage, AK 99503 Re: Support for Ormat’s AEA Renewable Energy Fund, Round IV, Application for Mount Spurr Geothermal Exploration TO WHOM IT MAY CONCERN: Cook Inletkeeper is a community-based 501(c)(3) nonprofit organization dedicated to protecting the Cook Inlet watershed and the life it sustains. Among other things, Inletkeeper increasingly recognizes the considerable threats posed by rapid climate change and ocean acidification to Alaska’s spectacular resources and the people and economies they support. As a result, Inletkeeper writes now to strongly support Ormat’s application for a grant from the Alaska Renewable Energy Fund, Round IV, to pursue geothermal exploration at Mt. Spurr on the west side of Cook Inlet. In addition to the considerable climate change benefits this project would promote, we support Ormat’s project because: 1) Alaska will need to build up to 1,000 MWs of new generation capacity in the next twenty years in the Railbelt to replace aging power stations, and geothermal provides excellent, cost-effective baseload capacity; 2) Geothermal energy will provide relatively flat cost at a time when the State of Alaska, as well as local governments and Railbelt utilities, have indicated they will strive to get 50% of their power from renewable resources; 3) Renewable Portfolio standards are increasingly the norm in states across the country, and it’s very likely Congress will enact similar requirements in the next few years. We appreciate AEA’s decision to award Ormat $2 million in the previous grant round, to cost share initial exploration on Mount Spurr for 2010-2011. Ormat reportedly is encouraged by initial results of that work, and we therefore urge AEA to grant Ormat the additional funds requested in this round, to continue to move this project forward by continuing to share some of the high exploration costs inherent in a project of such nature. AEA/Ormat Letter of Support September 14, 2010 Page 2 Thank you for your attention to this matter and please do not hesitate to contact me if you have any questions at 907.235.4068 x22 or bob@inletkeeper.org. Very truly yours, Bob Shavelson Executive Director