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HomeMy WebLinkAboutSuWa308a  Alaska Resources Library & Information Services  Susitna‐Watana Hydroelectric Project Document  ARLIS Uniform Cover Page  TK 1425 .S8 S92 no.308a   Title: SuWa 308a  Cover letter from Janet Reiser, AEA Executive Director, January 16, 2018, in Report to the Legislature 2017, to Alaska Legislature summarizing Susitna-Watana Project closeout status Author(s) – Personal: Janet Reiser Author(s) – Corporate: Alaska Energy Authority AEA‐identified category, if specified: AEA‐identified series, if specified:  Series (ARLIS‐assigned report number): Existing numbers on document: Susitna-Watana Hydroelectric Project document number 308 Published by: Date published:  Anchorage, Alaska : Alaska Energy Authority, [2018] January 16, 2018 Published for: Date or date range of report:  Alaska Legislature Volume and/or Part numbers: Final or Draft status, as indicated: Document type: Pagination:  Letter 1 page Related work(s): Pages added/changed by ARLIS: Report to the Legislature 2017. (SuWa 307) Notes: This letter is extracted from "Report to the Legislature 2017" (as page 2 of SuWa 307). It is cataloged separately because it is being cited as an individual document. This version is searchable by keyword. The original version was a non-searchable image, and is cataloged as SuWa308b. Title supplied by ARLIS staff. All reports in the Susitna‐Watana Hydroelectric Project Document series include an ARLIS‐ produced cover page and an ARLIS‐assigned number for uniformity and citability.  All reports  are posted online at http://www.arlis.org/susitnadocfinder/    ENERGYAUTHORITYJanuary16,2018AllworkontheSusitna-WatanaHydroelectricProjecthadcometoafullstopbytheendofcalendaryear2017.AEAclosedouttheprojectinawaythatpreservedthevalueoftheState’sinvestmentsandmaintainedthepublicvalueofthedatacollectedthroughcareful,thorougharchiving.Additionally,FERC’supdatedStudyPlanDetermination(SPD)providestheStatewithcertaintyonwhatisneededtofileacomprehensiveFERClicenseapplicationshouldtheprojectberestarted.WithitsSPD,FERCreaffirmedthescopeofstudiesnecessaryfordeterminingimpactassessmentanddevelopingprotection,mitigationandenhancementmeasures,andFERCvalidatedthequalityandintegrityofworkcompletedtodate.Totheextenttheprojectproposaldoesnotchangeandthedatagathereddoesnotbecomestale,FERCruledthatAEAwouldnotneedtorepeatthealready-completedIntegratedLicensingProcesssteps.Ifrestarted,FERCmayrequireadditionalscopingand/ormodificationstotheapprovedStudyPlan.•Thecompletedengineeringfeasibilityreportcontainsinformationnecessaryforalicenseapplication.Thereportdemonstratesthattheprojectistechnicallyfeasible.•Thebenefitcostandeconomicimpactanalysisconcludedthatifconstructed,theprojectwouldgeneratebillionsofdollarsinenergysavingsfortheRailbeltandwouldprovideasignificantlongtermbenefittotheeconomy.•AEAinvestigatedvariousfinancingmodels,someofwhichresultedinanestimated$0.O66fkWh50-yearaveragerealpricein2014dollars.•AEAisapproximatelytwothirdsofthewaythroughtheIntegratedLicensingProcess.HadtheprojectnotbeenshutdownfollowingFERC’sissuanceoftheupdatedSPDinJune2017,nextstepsfortheprojectwouldhavebeenimplementationofthesecondstudyseason,preparationoffinalreportsandalicenseapplication.TheSusitna-WatanaHydrostudyefforthasprovidedvolumesofinformationanddataabouttheSusitnabasin,theindigenouscultures,fisheries,wildlife,andlandscape.Thisvast,highqualitydataisofsignificantvaluetootherresourcedevelopmenteffortsandmanagementoffishandwildliferesources.TheinformationhasbeencataloguedandstoredonlinethroughAEA,ARLISandGINA,andispubliclyavailable.AlaskaEnergyAuthorityisproudoftheworkdonetodatetoadvancetheSusitna-WatanaHydroelectricProject.Thiseffortyieldedsignificantbenefitintermsofthevolumeofknowledgeproducedandshared,andintermsofbetterunderstandingthepotentialofthisresourcetoprovidestable,low-costpowertoAlaskansoverthe100-yearlifeoftheprojectshoulditeverberestarted.JanetReiserExecutiveDirectorakenergyauthority.org813WestNorthernLightsBoulevardAnchorageAlaska995031907.771.3000lollFr.e(AlaskaOnly)888.3008534P907.771.3044SUSITNA-WATANAHYDROREPORT2