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HomeMy WebLinkAboutMOALttrofSupportMUNICIPALITY OF ANCHORAGE Phone: 907-343-7100 Office of the Mayor FAX: 907-343-7180 Mayor Dan Sullivan November 3, 2009 To: Alaska Energy Authority Renewable Energy Fund, Round III Re: Ormat's application for support of geothermal exploration at Mount Spurr This letter is to support the Ormat application for a $2 million grant from the Alaska Renewable Energy Fund. The development of a utility -scale 50-100 MW geothermal plant on Mt. Spurr would be an excellent increment of true renewable energy. We support this project for the following reasons: 1. Alaska must build up to 1,000 MWs of new generation in the next twenty years in the Railbelt to replace aging power stations 2. The State of Alaska, as well as local governments and Railbelt utilities must come up with short and long term solutions to base -load generation that would decrease dependence on rapidly depleting natural gas reserves in the Cook Inlet 3. The State of Alaska, as well as local governments and Railbelt utilities, have indicated that they will strive to get 50% of their power from renewable resources in order to both fight climate change as well to reduce Alaska's reliance on economically volatile and unpredictable fossil fuels 4. It is likely that the federal government will require Renewable Portfolio standards in the relative near future. The project meets all those needs and therefore, if successful, will provide the ratepayers of Anchorage as well as of other communities in the Railbelt with base -load, reliable, affordable and fixes -price power. Further, this project will create both direct local job opportunities as well large scale opportunities for local services, both in the development and construction phase as well in the long term operation and maintenance phase. We urge that the AEA grant Ormat Resources $2 million to share some of the high exploration costs inherent in a project of such nature. Sincerely, Dan Sullivan Mayor P.O. Box 196650 :• Anchorage, Alaska 99519-66.50 •: http://www.muni.org