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AEA Board Meeting Feb 17 2010 BM Minutes
ALASKA ENERGY AUTHORITY February 17,2010 Board Meeting MINUTES ae ;2RPEO* aes i4 ov: reReeeeetoeHiei aoeVERS Beeencsescesante AIDEA and AEA Board Meeting,Wed.February 17,2010 Page 1 of 1 Home Go Back Edit .:.Public NoticesOnlinePublicNoticeAIDEAandAEABoardMeeting,Wed.State of Alaska February 17,2010 Submitted by:smsiverson/08 Date Submitted:02/10/2010 04:18 PM Date Modified: Ak Admin Journal:[not printed] Attachments:No files attached AIDEA and AEA Board Meeting,Wed.February 17,2010 Category:Agency Meetings Department:Commerce Community &Economic Development Publish Date:02/10/2010 Location:Anchorage Archive Date:02/18/2010 Coastal District:N/A Body of Notice: Please note that the Board of Directors of the Alaska Industrial Development and Export Authority (AIDEA)and the Alaska Energy Authority (AEA)will hold a board meeting beginning at 10:30 a.m.on Wednesday,February 17,2010.The Board will convene as AIDEA and continue in session until recess or adjournment.Immediately upon recess or adjournment the Board will convene as AEA and continue in session until recess or adjournment. An agenda for the meeting is available by contacting AIDEA at (907)771-3009 or by visiting our website at www.aidea.org and www.akenergyauthority.org This meeting will be conducted by electronic media pursuant to AS 44.88.050(a)and AS 44.62.310 at the following location: Alaska Industrial Development and Export Authority Boardroom 813 West Northern Lights Boulevard Anchorage,Alaska The public is invited to attend.The State of Alaska (AIDEA and AEA)complies with Title Il of the Americans with Disabilities Act of 1990.Persons requiring special modifications to participate should contact (907)771-3009 to make arrangements. Revision History: 02/10/2010 04:18:31 PM by smsiverson/08/State/Alaska/US $$WebClient [Submitter][Anon] Home Page Notices by:Departrnent|Category |Publish Date http://notes5.state.ak.us/pn/pubnotic.nsf/pn/0/01b606f0e5647930892576c70007308170pe...2/10/2010 [=ALASKAdfa€=-_ENERGY AUTHORITYX&os Alasha Industrial DevelopmentandExportAuthority AGENDA Alaska Energy Authority Board Meeting February 17,2010 immediately following the AIDEA Board Meeting Anchorage,Alaska 1.CALL TO ORDER 2.BOARD OF DIRECTORS ROLL CALL 3.AGENDA APPROVAL 4.ROLL CALL:STAFF,PUBLIC 5.PUBLIC COMMENTS 6.PRIOR MINUTES -December 9,2009 7.OLD BUSINESS 8.NEW BUSINESS A.Railbelt Integrated Resource Plan (presentation) 9.DIRECTOR COMMENTS A.Director's Status Report of AEA Programs and Projects e Alaska Energy Plan e Renewable Energy Fund Grant Recommendation Program,Round Ill B.Next meeting date Wednesday,March 17,2010 10.BOARD COMMENTS 11.ADJOURNMENT 813 West Northern Lights Boulevard e Anchorage,Alaska 99503-2495 www.aidea.org «907/771-3000 «FAX 907/771-3044 @ Toll Free (Alaska Only)888/300-8534 e www.akenergyauthority.org [EALASKA7inqa)ENERGY AUTHORITY*WA laska Industrial DevelopmentandExportAuthority Alaska Energy Authority BOARD MEETING MINUTES February 17,2010 Anchorage,Alaska 1.CALL TO ORDER Chairman Patrick Galvin called the meeting of the Alaska Energy Authority to order on February 17,2010 at 1:20 p.m. 2.ROLL CALL:BOARD A quorum was established. Members present:Emil Notti (Commissioner,Department of Commerce,Community & Economic Development);and Mike Felix (Public Member). Members participating via conference call:Chair Patrick Galvin (Commissioner,Department of Revenue);Commissioner Leo von Scheben (Department of Transportation &Public Facilities); and Vice Chair John Winther (Public Member). 3.AGENDA APPROVAL The agenda was approved as presented. 4.ROLL CALL:STAFF,PUBLIC Staff present in Anchorage:Steve Haagenson (AEA Executive Director);Chris Anderson (Deputy Director-Credit);Sara Fisher-Goad (Deputy Director-Operations);Mike Harper (Deputy Director-Rural Energy);James Hemsath (Deputy Director-Development);Valorie Walker (Deputy Director-Finance);Mike Catsi (Business Development Manager);Karsten Rodvik (Project Manager-External Affairs);Jim Strandberg (Project Manager);Shauna Howell (Administrative Assistant);and Sherrie Siverson (Administrative Assistant). Others present in Anchorage:Brian Bjorkquist and Mike Nave (Department of Law);Kevin Harper (Black &Veatch). Participating via teleconference:Duff Mitchell,Cascade Creek (Self). Joined the meeting in progress:Bryan Carey (AEA Project Manager);Peter Crimp (AEA Project Manager);and Doug Ott (AEA Project Manager). 813 West Northern Lights Boulevard *Anchorage,Alaska 99503-2495www.aidea.org *907/771-3000 *FAX 907/771-3044 ®Toll Free (Alaska Only)888/300-8534 *www.akenergyauthority.org AEA Board Meeting February 17,2010 Meeting Minutes Page 2 5.PUBLIC COMMENTS Mr.Duff Mitchell spoke on jobs waiting in Southeast Alaska for renewable energy.Two studies have been done:1)by the National Hydropower Association (job study)and 2)by the BC Independent Power Producers (economic impact study).To emphasize the job component,for every 1 megawatt of renewable energy we produce,we create one full-time job.Both studies mention how you also create construction jobs and that number bounces 4+jobs per every megawatt of hydropower.Some of the other renewable energies actually create more.Consider to develop and support renewable energy.There is a lot of private industry money that could develop these resources that would not only provide jobs,but would also provide a flooding of low cost,competitive hydropower for our region that could someday be moved to the Northern part of our state.Need to look at what we can do to improve our economy and our standard of living as that relates to jobs.|ask you to consider this factor in your decision analysis as you move forward with the energy plans for our state. 6.PRIOR MINUTES The minutes of December 9,2009 were approved as presented. 7.OLD BUSINESS There was no old business. 8.NEW BUSINESS 8A.Regional Integrated Resource Plan (presentation) Jim Strandberg of AEA and Kevin Harper of Black and Veatch gave a PowerPoint presentation: A Comprehensive Plan for the Alaska Railbelt,Results of the Railbelt IRP. Chairman Galvin departed the meeting at 2:20 p.m.and turned the Chair over to Mr.Winther. Board members will review the final report.and make a decision whether or not to approve it at the next meeting. 9.DIRECTOR COMMENTS 9A._Director's Status Report of AEA Programs and Projects e Alaska Energy Plan:finalizing the narrative and formatting the document;completed database output for 228 communities throughout Alaska;continue to meeting with people across Alaska to keep them engaged;working with the Governor's office for the timing of the rollout. e Renewable Energy Fund Grant Recommendation Program,Round Ill:On November 10, 2009,AEA received 124 applications for Round Ill requesting over $224 million.The applications were ranked and submitted to the Legislature on January 29,2010. AEA Board Meeting February 17,2010MeetingMinutesPage3 Prior to the original recommendation submittal,AEA sent letters to the 27 applicants not recommended for funding.In addition to the notification,these letters described the procedure to appeal this determination.AEA received and responded to four appeal requests.During reconsideration,Mr.Haagenson reviewed the comments and reason for denial as lack of an integrated resource plan.Even though this is a good planning approach, it is outside the evaluation criteria set out in the regulations.Following reconsideration,he directed AEA staff to complete the ranking process for the Whitman Lake project. Project Ranking:Green -top ranked $25 M Yellow -second ranked $25 M Brown -third ranked,remaining $15.8 M Results of the reconsideration reviews are: 1.Whitman Lake Hydroelectric Project #425 for $2,000,000 ranked in the Yellow. 2.Metlakatla-Ketchikan Intertie Project #449 for $2,000,000 ranked in the Brown. 3.Takatz Lake Hydroelectric Feasibility Project #405 for an additional $440,614 ranked in Yellow. 4.The new Yellow ranked projects moved the following projects to Brown: Hope Regional Hydroelectric Study Project #473 Cultivating Rural Alaska for Biomass Energy Project #428 Wood Chip Boiler Heating System Project #400 5.Transmission Line to Renewable Resources Project #491 moved from Yellow to Brown. MSB Solar and Wind Potential Project #451 moved from Brown to Yellow. We will be reporting the status of Renewable Energy Projects to LB&A next week. 9B.Next meeting Wednesday,March 17,2010. 10.BOARD COMMENTS There were no board comments. 11.ADJOURNMENT There being no further business of the board,the meeting was adjourned at 2:46 p.m. LZZZZ. Steve Haagénson,Executive Director/Secretary Alaska Energy Authority Alaska Energy Authority BOARD MEETING MINUTES December 9,2009 Anchorage,Alaska 1.CALL TO ORDER Chairman Pat Galvin called the meeting of the Alaska Energy Authority to order on December 9, 2009 at 2:34 p.m. 2.ROLL CALL:BOARD Members participating:Chairman Pat Galvin (Commissioner:Department of Revenue);Vice-Chair John Winther (Public Member);Mike Felix (Public Member);Absent:Emil Notti (Commissioner,Department?:of:Commerde,.Community &EconomicDevelopment);and Leo von Scheben (Commissioner,Department:of Transportation &PublicFacilities).A Ae if ih,:*{Mr.Felix made a motion to approve:the agenda and Mr:'Felix seconded it. 3.AGENDA APPROVAL hyr The agenda was approved. 4.ROLL CALL:peat nee | (Deputy Director-Finance),hy(AdministratiOthers'resent inTe age:Brian.ajon (Department of Law);David Rohwer (Fairbanks,AK);Rich'Wilson (Alaska Ratepayers),Tom Staudenmaier (Self).Mae at5.PUBLIC COMMENTS 4'ptphydTomStaudenmaier (Self)stated that he has been in Alaska 40 consecutive years and wasaskedin1982togetinvolvedwiththeelectricutilities."This is my statement.”It says here TomStaudenmaier's electric:'merger.plan shall give the Alaskan people who reside in Southcentral,Interior and Southeast Alaska two separate power grids tied together that are in complete formandreliable.Tom Staudenmaier's electric merger plan shall provide the basic foundation for the industrialization and economic development of Southcentral,Interior and Southeast Alaska forthenext100years.Remember Staudenmaier's electric plan means true Alaska local hire,the creation of tens of thousands of new jobs for present and future Alaskans.The abundance of cheap power is the best resource the State of Alaska and her residents can offer to themselves and any industrial enterprise.It says here that Staudenmaier's electric merger plan is the best and brightest idea to energize the State of Alaska.If you find a better plan go buy it.Remember, we Alaskans all benefit equally.How you vote on Tom Staudenmaier's electric merger plan is your business,making that vote possible is ours.The other option,sell them off. Mr.Staudenmaier presented the group with a handout. AEA Board Meeting December 9,2009 Meeting Minutes Page 2 Rich Wilson (Alaska Ratepayers)encouraged the AEA Board to embrace a policy that achieves our goals of affordable,long-term affordability and predictability of consumer rates.We are aware of statewide requirements for affordable energy and we want to support a statewide policy in that direction.Mr.Wilson noted the Railbelt our first priority but encouraged the AEA Board to keep Susitna not only on the table,but to move it to the front.In looking at the Integrated Resource Plan (IRP)report,we've read it and discussed it,it just came out so we haven't had that much time to review it,but since you're meeting today we thought we'd come forward and just get our thoughts on that.Our main message today is the Four Dam Pool worked.Petersburg,Wrangell,Ketchikan,Solomon,Valdez,Kodiak and Bradley Lake all work. That is where we ought to be going for the Railbelt,and Susitna is the only option that can provide base load that is studied enough to know that you can get there and that can be scalable to the demand.You don't have to build 1800 megawatts,you can build it in pieces.We are a consumer group that encourages the State of Alaska and its entities to embrace a policy of prioritizing Susitna as a feasible and long-term solution to base load and the Railbelt. 6.PRIOR MINUTES The minutes of November 9,2009 were approved as presented. 7.OLD BUSINESS There was no old business. 8.NEW BUSINESS There was no new business. 9.DIRECTOR COMMENTS 9A.__Director's Status Report of AEA Programs and Projects Renewable Energy Fund Round III Update Mr.Haagenson noted that on November 10,2009 staff received 124 applications for Round Ill . requesting over $224 million.AEA's goal is to have the applications reviewed,ranked and scored by the end of December,with a recommendation for up to $50 million to the Legislature by January 29,2009. Alaska Energy Plan Update (Handout) AEA is currently: »Developing the narrative and formatting the document. «Developing the database to provide data to support an immediate,short-term,mid-term, long-term and stretch goal for each community. «Continuing to meet with different regions to engage them and gain ownership in the finalcommunityandregionalplans. »Finalizing the Integrated Resource Plan for the Railbelt. «Working with the Governor's office on rollout strategy and timing. «=Overview of the Energy Plan PowerPoint and the Integrated Resource Plan. Mr.Haagenson added that staff is finalizing the IRP which looks at the entire Railbelt region. The non-Railbelt portions of the state are covered in a massive database.In the end,the two AEA Board Meeting December 9,2009 Meeting Minutes Page 3 are added together will provide an overall picture for the state.Staff are working on a rollout strategy with the Governor's office for the Energy Plan including the whole energy report. Mr.Felix asked if the plan also looks at current structure and ways structure may be more efficient -the relationship between the entities. Mr.Haagenson responded that AEA is mainly looking at the Railbelt for that structure.Mr. Staudenmaier mentioned the 6 or 7 utilities in the Railbelt.The IRP is looking at a consolidated Railbelt with all the generation and transmission assets.The next action item is a bill (GRETC) which looks at a structure to place the Railbelt utilities in one entity for generation and transmission assets. Mr.Haagenson noted that basically the Rural Energy Study starts with the maps of the available resources.. A key to the maps was discussed:W=wood;H=Hydro;T=tidal;Geo=geothermal.The numbers reflect Wind class.The higher the number,the better the wind class,7 is the best.AEA is looking at all available resources in each community. The wind-only scenario on page 12 basically replaces diesel use for electricity and heat.The question that we asked is,"What are you doing for me today?”What can you do immediately is typically conservation and efficiency increases.Each community in Alaska will look at using their resources and will receive a deployment strategy.AEA has shared this high level strategy with communities across Alaska,with Native Corporations,and with utilities and municipalities.We are asking them to "make this plan your own.” Chair Galvin asked what the zero dollars represent.Mr.Haagenson said these are placeholders.When the database is running,it will be populated with capital costs to get to that level.Another item that is not shown will be the actual resulting cost of energy for heat and electricity. Mir.Haagenson discussed the financing philosophy;replacing the cost of fuel with a fixed-price loan.So a $100,000/year into fuel cost is equivalent to a $1 million dollar debt with a $100/yr payment.Chair Galvin clarified that these are Energy Information Agency (EIA)prices and they do not correspond to Department of Revenue's projections.Mr.Haagenson said they do not. Mr.Strandberg provided an overview of the Integrated Resource Plan (IRP).Black &Veatch has provided an Executive Summary of the Railbelt IRP project.The study is included in an accompanying CD.Black &Veatch project manager Kevin Harper is present if board members would like more detailed information. The initiative seeks to restructure the generation and transmission portion of the Railbelt.The majority of the investment is in power generation and transmission lines.The Integrated Plan is one part of the larger process and it defines three different initiatives:1)the REGA study,2)the GRETC initiative,and 3)this Integrated Plan. The REGA study was pursued as a result of an appropriation from the Legislature to develop a new business structure for the future for generation and transmission.Black &Veatch produced that study.The REGA study was used as the basis to draft legislation to form a special private not-for-profit corporation configured to own,operate and control future major infrastructure.It is expected that an investment of $8-$12 billion dollars in infrastructure will be required over the next 50 years. AEA Board Meeting December 9,2009 Meeting Minutes Page 4 Because of the very large sums of money,we need a robust company that has significant financial capabilities.This entity will need to operate in a corporate private partnership mode where the network may be owned privately by the utilities,but the state,in some fashion,wouldserveaseitherafinancialunderwriteroraparticipantinthepotentialcapitalizationofthe company.Basically GRETC forms the company,the Plan defines what projects the company is going to spend the money on,and the Plan considers power generation,generators, transmission lines,and fuel portfolio.The study includes development of the capitalization and the potential for capitalizing a company.We've come up with an approach which is expressed in the company which we're calling the Bradley Model.It involves a partnership between the State and the utilities to capitalize,i.e.come up with the money to build and own over the long run and it's designed to seek the lowest cost for the ratepayer.One of several important criteria is a transition period of ten years to be able to go from where we are now (six utilities in a lot of ways doing their own thing but informally cooperating through an interconnected network)to a tightly held generation and transmission network ten years from now that has the ability to offer equal reliability power at a single system wide rate to all of the Railbelt utilities to generate the power from an arrangement of generators where at least 50%of the energy that is provided or generated is from renewable energy. Mr.Strandberg publicly commended Black &Veatch for doing a very good job,for having a granular study,and for doing logical work in explaining each one of their recommendations.He personally thanked Mr.Harper and for his team for their hard work.Chair Galvin asked if this had occurred over the last year.Mr.Strandberg replied that it had. Outputs from the study:among them is the treatment of Chakachamna and the Susitna project, and an interesting treatment of the Fire Island project.There is a generalized treatment of fossil fired power generation,gas fired,coal fired. Chair Galvin asked,process-wise,was this generated by Black &Veatch for public comment? Right now there is a 30-day open public comment period,but what happens after that?Mr. Strandberg replied that he expects Black &Veatch to produce a final version of the report onJanuary13,20120.It will be available for use as a tool. Chair Galvin also asked if the final report is a Black &Veatch report or is it an AEA report?Mr. Strandberg replied that the report is a Black &Veatch report.AEA hired Black &Veatch as an independent contractor and asked them to give us their best estimate and advice.It is an unbiased study done by a hired contractor.An active advisory group has been meeting monthly as well as a considerable number of stakeholder meetings.Black &Veatch has attended these meetings regularly.The advisory group meetings were public,so there was a considerable amount of public input in the process.The Railbelt utilities have also invested significant amounts of manpower to provide detailed data for this study. Mr.Haagenson stated that this report will also be used as an aiming stake for the utilities when they get together,it gives them a consolidated picture so |think they will be using it heavily and so that's why they're heavily involved in developing it.. Mr.Strandberg added that the final report will be published on January 13,2010,before the start of the legislative session.If significant comments are received and there is need for significant change,staff will reconsider that schedule.AEA's goal is to have the report completed before the legislature convenes. Chair Galvin asked if the utilities have had a chance to weigh in.Mr.Strandberg said yes.Mr. Haagenson added that AEA gave the utilities several weeks to weigh in,wrestle with the information,and come back if they had issues.AEA asked them for the answer.The study is a AEA Board Meeting December 9,2009 Meeting Minutes Page 5 look at the whole picture and AEA's goal is to get the least-cost option to the consumers.That is the recommendation level Black &Veatch put into this report.The utilities,even though they are not thrilled with it,realize that this is probably the good target to shoot for. Mr.Strandberg said he expects some utility comments.The Utility CEO's met and at present have elected not to provide any significant directional change comments to the study. Chair Galvin stated that the Healy Clean Coal issue raised concerns because it appeared that neither Golden Valley nor AIDEA were aware of the way it was going to be presented.AIDEA staff is looking at the way the analysis was done and the issues associated with how it is presented.He was concerned about how much buy-in there has actually been among the utilities. Mr.Strandberg responded by stating it's a complicated process and AEA is never going to make everybody happy.This is a state-sponsored study designed to be a neutral ground study.The recommendations made are based on economic modeling,a combination of the economic modeling results and the knowledge that there are significant uncertainties particularly with carbon text.AEA has attempted to put forth economic information with respect to the different technologies and different projects that would be useful to both the utilities and to AIDEA. Chair Galvin added that he understood and thinks the issue is going to have at least two aspects.One is going to be the technical review itself.|understand that with the Healy Clean Coal Project in particular,the impact of carbon legislation is a significant factor in the economic analysis of that.Exactly how that impact is measured is based upon assumptions not just of the type of legislation that might pass,but the actual operational and costs associated with the plant itself;and that's going to |believe be evaluated over the course when comments come in with regards to that.Secondly,how the language of the report conveys the desired message is also important and that the report not end up being seen as saying something that it doesn't and in something of the nature of the Healy Clean Coal Plant,it is very easy to create,through the use of language,a false impression;either by the language that you use,the context that it's put in, or the opportunity that others have to misappropriate the language for their own purposes.That sensitivity is probably something that will be evaluated as well. 9B.Next meeting date Wednesday,February 17,2010. 10.BOARD COMMENTS There were no board comments. 11.ADJOURNMENT There being no further business of the board,the meeting was adjourned at 3:25 p.m. Steven Haagenson,Executive Director/Secretary Alaska Energy Authority ALASKA ENERGY AUTHORITY Alternative Energy and Energy Efficiency Program Overview Alaska Energy Authority's (AEA's)Alternative Energy and Energy Efficiency (AEEE)program currently manages and funds projects and initiatives totaling $157 million in state and federal funding.Activity substantially increased after AEA launched the Renewable Energy Fund.An AEEE update is available on AEA's website at www.akenergyauthority.org Program Description The AEEE program promotes the use of renewable resources as alternatives to fossil fuel-based power and heat,and measures to improve energy production and end use efficiency.In rural areas the program may support developing local sources of coal and natural gas as diesel alternatives.The AEEE program is divided into eight separate program areas: Alaska Energy Inventory (cooperative project of AEA and Alaska DNR)is compiling renewable and fossil resource data, energy supply and usage,and other information useful for energy planning and development. Biomass Energy Program develops projects using wood,sawmill residue and municipal wastes for energy;tests air emissions and performance of fish oil and diesel blends as fuel;assesses the viability of recovering fish oil from fish processing wastes. Diesel Generation Efficiency Program provides assistance in developing projects that use high efficiency generators and recover "waste heat”from diesel generators. End Use Efficiency (Conservation)Program has completed 60%of a project upgrading lighting and heating efficiency in over 150 schools and other facilities in 50 villages;is conducting energy audits;working with Alaska Housing Finance Corporation to develop statewide efficiency policy recommendations and demonstrate impact of aggressive,village-wide measures in Nightmute.Additionally,AEA has recently been awarded $7.5M of federal stimulus funds,60 percent of which will be distributed to Alaska communities for energy efficiency and conservation projects.AEA also anticipates receiving $3.7M of other stimulus funds to support its village efficiency projects. Geothermal Program supports projects such as the Chena Hot Springs power plant;organizes workshops and training sessions;coordinates state assistance in developing other potential projects such as Mt.Spurr on the Railbelt and Makushin in Unalaska. Hydroelectric Program provides technical assistance through staff and contractors for hydro feasibility assessment; manages public funding for project construction. Ocean and River Energy Program evaluates technology and feasibility of converting wave motion,tidal and river flow into power in partnership with Alaska utilities and Electric Power Research Institute. Wind Program assists utilities and communities in resource evaluation,training,environmental assessment,regional development,conceptual design and economic feasibility of rural wind-diesel systems;assists with Railbelt wind integration studies. Funding AEA's alternative energy program has received funding since the early 1980s from the US Department of Energy (USDOE) and more recently from the Denali Commission and the EPA.Under the Renewable Energy Fund,AEA is providing $125 million in grants for 107 projects.AEA reviewed 124 applications submitted for Round Ill of the Renewable Energy Fund and recommended up to $64.4 million in grants for 90 projects.In June 2008,AEA and the Denali Commission offered $7.5 million in grants for 37 projects.The Energy Cost Reduction RFP,an earlier program,has provided $8.4 million in grant funds to match $12.4 million in local funds for projects that are displacing or will displace 1.4 million gallons per year of diesel and equivalent natural gas.For more detail,see the AEA's Biennial AEEE Assistance Plan on the AEA website. Revised February 2010 ALASKA ENERGY AUTHORITY Bulk Fuel Program Current Status ; In 2009,AEA completed bulk fuel upgrades in Levelock,Point Baker and Napakiak.A pipeline project was also completed in Newtok.Currently,two projects are under construction and nine are in design. Program Description The goal of Alaska Energy Authority's (AEA)Bulk Fuel program is to upgrade non-compliant bulk fuel facilities in communities that meet program criteria.Upgrading bulk fuel facilities reduces the cost of energy by reducing or eliminating fuel loss from leaks and spills.In addition,by providing enough capacity for current and planned needs,communities may purchase fuel in larger quantities at a lower cost per gallon., Alaska's remote communities rely on diesel fuel storage for heating and power generation.Many of the bulk fuel storage facilities were constructed in the 1970's or earlier.Some of these facilities are at the end of their design life and do not comply with state and federal codes and regulations.Some have tanks,pipes and other equipment that leak fuel.Regulatory agencies may prohibit fuel deliveries to these facilities.Communities often do not have funds for replacing these storage facilities. Since 2000,the Denali Commission has provided funding to replace community bulk fuel facilities.Due diligence is carried out to ensure that project participants meet Denali Commission and AEA sustainability standards.Participants sign a Business Operating Plan.The Business Operating Plan lays out the existing fuel facility organizational structure,the qualifications of responsible people,AEA required training,and estimated operation and maintenance costs.The plan also includes the establishment of a repair and replacement fund so that when equipment fails,the community will have the resources and savings to repair or replace it. Program Progress The bulk fuel program receives most of its funding through the Denali Commission.Funding increased substantially in 2000 when the Denali Commission started to fund bulk fuel projects.A total of 21 tank farm projects were completed prior to 2000.As of December 2009,an additional 68 communities have been completed for a total!of 89.Approximately 29 communities have not received upgrades. Depending on funding,three to six communities are receiving upgrades per year. Revised January 2010 ALASKA ENERGY AUTHORITY Circuit Rider Program Current Status Community requests for assistance from the Circuit Rider Program have once again exceeded the allocated funding.The Program is out of funding and cannot provide help to utilities until additional funds are acquired.This year the Circuit Rider program has helped Arctic Village,Akiak,Chalkyitsik, Chefornak,Chignik Bay,Chignik Lake,Chignik Lagoon,Chitina,Fort Yukon,Kwigillingok,Koyukok, Manoktak,Stevens Village and Takotna. Program Description The purpose of the circuit rider maintenance program under 3 AAC 108.200 -3 AAC 108.220 is to assist eligible utilities to improve the efficiency,safety and reliability of power systems and reduce the risk and severity of emergency conditions or emergency disruptions in the operation of community power systems,by providing training,consultation,on-site assistance with maintenance and minor repairs and other related technical assistance. The ability a community has and the methods it uses to maintain and operate its powerhouse have a significant impact on efficiency.Keeping diesel generation systems operational and maintained has a direct influence on the energy produced for each gallon of diesel fuel consumed.Operator training, Spare parts availability,automatic system monitoring,data trending and data analysis along with prompt maintenance and repair are key factors in keeping reliability,efficiency and performance high. The Circuit Rider Program provides technical assistance to help rural utilities with the operation and maintenance of their electrical generation and distribution system.The Circuit Rider Program is administered by the Alaska Energy Authority (AEA)and is available to all eligible electric utilities.Electric utilities participating in this program will receive support services from AEA depending on the availability of funding. e AEA makes visits to eligible electric utilities based on need over the course of the year to provide training and provide recommendations concerning operations and routine maintenance activities.There is no charge to the utility for these services. e The Circuit Rider program does not provide funding for major repairs or reconstruction ofelectricalsystems. e The participating utility's power plant operator and/or other utility staff must be available for training and consultation during the time of the Circuit Rider visit.Power plant operators will be required to maintain written performance logs in between Circuit Rider visits. e Services under the Circuit Rider program are limited to village electric utilities with a demonstrated need for assistance with preventative operations and maintenance activities, utility training and emergency prevention.The program is not intended to serve electric utilities that have sufficient financial and technical resources to perform routine operations andmaintenanceactivities. Program Progress The need for Circuit Rider service outstrips the available resources each year.A State Senate Resources and Energy Committee Draft Summary recommended an increase in funding for the Rural Power Systems Technical Assistance program to enable AEA to serve more communities. AEA has successfully filled the previously vacant maintenance position for the Circuit Rider Program.We welcome Shannon Allex to AEA. Reviewed February 2010 ALASKA ENERGY AUTHORITY Emergency Response Program Current Status AEA assisted several communities in 2009.Major responses include e =Stevens Village during Spring break-up e Kipnuk's unexpected major equipment failures e Kobuk to Shungnak tieline e Chefornak distribution Program Description The Emergency Response program provides on-call,as-needed emergency action response to mitigate extended power outages and electrical hazards that present imminent threat to life or property.This program is designed to respond to an emergency or potential emergency situation before disaster or major loss occurs.It provides funding for continuance of government activities.It allows for procurement of manpower,materials and equipment for emergency response to electrical generation and distribution system emergencies and disasters in Alaska. Program Progress Emergency response is provided on an as-needed basis only.Well-managed utilities with adequate technical and financial resources are not candidates for these services. Besides helping rural communities,AEA works with State and Federal agencies on an as-needed case by case basis to resolve electrical generation and distribution system emergencies throughout Alaska. AEA is currently in discussions with the Department of Homeland Security regarding storage of some of their emergency response generators intended for Alaska. Reviewed February 2010 ALASKA ENERGY AUTHORITY Loan Programs Power Project Fund (PPF) Number of loans:47 Outstanding portfolio balance:$26,291,293 Committed &un-disbursed funds:S 6,706,198 Uncommitted funds:S 4,604,246 As of January 31,2010,there was one loan past due 90 days or more in the amount of $215,000.This was .8 percent of the outstanding portfolio balance. Program Background:The PPF program provides loans to local utilities,local governments or independent power producers for the development or upgrade of electric power facilities,including conservation,bulk fuel storage and waste energy conservation.The loan term is related to the productive life of the project,but cannot exceed 50 years.Interest rates vary between tax-exempt rates at the high end and zero on the low end.This rate is equal to the percentage that is the average weekly yield of municipal bonds for the 12 months preceding the date of the loan commitment. Bulk Fuel Revolving Loan Fund (BFRLF) Number of loans:43 Outstanding portfolio balance:S 4,739,432 Committed &un-disbursed funds:S 722,089 Uncommitted funds:S 9,957,762 As of January 31,2010,there were no loans past due 90 days or more. Program Background:The purpose of the BFRLF program is to assist communities,utilities or fuel retailers in small rural communities in purchasing emergency,semi-annual or annual bulk fuel supplies. Loans are for the purchase of new fuel.Loans are not provided for fuel already purchased,in the process of being used or already consumed.The Alaska State Legislature appropriated an additional $5.5 million to this revolving loan fund in August 2008. Revised February 2010 ALASKA ENERGY AUTHORITY Power Cost Equalization Program Current Status The original FYO9 PCE appropriation was $28,160,000.During a special session in the summer of 2008, the Legislature guaranteed full funding of the program and appropriated up to an additional $23,000,000. Effective October 1,2008,the power cost for which PCE is paid (the "ceiling”)was raised from $.525 to $1.00 for the remainder of FY 2009.The enactment of SB 88 extended the sunset for the $1.00 cap indefinitely.Effective with the first billing period of the FY 2010,the base rate was also raised from $0.1283 to $0.1412.As of October 30,2009,the estimated program cost for FY 2010 is $36.16 million. Program Description The goal of Alaska Energy Authority's (AEA)Power Cost Equalization program is to provide economic assistance to customers in rural areas of Alaska where the kilowatt-hour charge for electricity can be three to five times higher than the charge in more urban areas of the state.PCE only pays a portion of approximately 30%of all kWh's sold by the participating utilities. PCE fundamentally improves Alaska's standard of living by helping small rural areas maintain the availability of communications and the operation of basic infrastructure and systems,including water and sewer,incinerators,heat and tight.PCE is a core element underlying the financial viability of centralized power generation in rural communities. The Legislature established different functions for AEA and the Regulatory Commission of Alaska (RCA) under Alaska Statutes 42.45.100-170,which govern PCE program responsibilities. AEA determines eligibility of community facilities and residential customers and authorizes payment to the electric utility.Commercial customers are not eligible to receive PCE credit.Participating utilities are required to reduce each eligible customer's bill by the amount that the State pays for PCE. RCA determines if a utility is eligible to participate in the program and calculates the amount of PCE per kWh payable to the utility.More information about the RCA may be found at www.state.ak.us/rca PCE Endowment Fund The PCE Endowment Fund was created and capitalized in FY 2001 with Funds from the Constitutional Budget Reserve and the Four Dam Pool Project sale proceeds.The PCE Endowment Fund is an Alaska Energy Authority Fund managed by the Department of Revenue;it is invested to earn at least 7%over time.$182.7 million was appropriated to the fund in FY 2007.The deposit occurred in October 2006. Power Cost Equalization Program Page 2 AS 42.45.085 provides that 7%of the PCE Endowment Fund's 3 year monthly average market value may be appropriated to the PCE Rural Electric Capitalization Fund for annual PCE program costs.The total invested assets of the Fund on September 30,2009 were $331.8 million. Revised January 2010 ALASKA ENERGY AUTHORITY Renewable Energy Fund Overview The Alaska State Legislature created the $250 million Renewable Energy Fund (REF)in 2008,with the intent to appropriate $50 million annually for five years.This legislation placed Alaska at or near the forefront of the SO states in funding for renewable energy.The Legislature authorized Alaska Energy Authority (AEA)to manage the REF project application process,project evaluations,recommendations, completion of grant agreements and disbursement of funds to grantees. Program Progress To jumpstart the program,the Legislature appropriated $100 million in 2008.Facing declining revenues from falling crude oil prices during the 2009 session,the Legislature appropriated $25 million.In the fall of 2008,AEA solicited applications for Round |and Round II grants.The response was significant.AEA received more than 230 applications requesting more than $760 million.AEA worked with the Renewable Energy Advisory Committee and conducted rigorous evaluations of all applications. Following AEA's recommendations,the 26"Legislature in the 2009 session approved 107 renewable energy projects totaling $125 million. For these 107 approved projects,83 grant agreements have been prepared;12 grant agreements are in process;and 12 grantees need to provide additional information. Here is a sampling of Renewable Energy Fund projects around the state: e Falls Creek Hydroelectric,Gustavus.800 kW project expected to displace 117,000 gallons fuel per year. e =Pillar Mountain Wind,Kodiak.4.5 MW project expected to displace 1,203,000 gallons fuel per year.;; Juneau Airport Ground Source Heat Pump.Estimated to displace 29,500 gallons fuel per year. Unalakleet Wind.600 kW project estimated to displace 90,000 gallons fuel per year. North Pole Heat Recovery.Expected to displace 99,000 gallons fuel per year. Tok School Wood-Fired Boiler.Projected to displace 50,400 gallons fuel per year. In October 2009,AEA issued a request for Round IIl REF Grant applications.This application period closed at 5:00 p.m.,November 10,2009.AEA received 124 Round Ill applications requesting more than $224 million dollars.AEA reviewed,ranked and scored the applications and on January 29,2010,made its recommendations to the Legislature. Revised February 2010 ALASKA ENERGY AUTHORITY Rural Power Systems Upgrade Program Current Status Forty-two communities have benefited from powerhouse and distribution upgrades between calendar years 2000 through 2009.Eleven additional communities are currently undergoing construction upgrades or are scheduled in 2009-2010.Nine additional communities are in conceptual design or final design stage. Program Description The Rural Power System Upgrade (RPSU)program concentrates on powerhouse and electrical distribution upgrades.Typical projects include powerhouse upgrades or replacements,distribution line assessments and upgrades,line extensions to new customers,demand-side improvements and repairs to generation and distribution systems.Energy efficiency,reliability,safety and sustainability are primary drivers during the conceptual design,final design and construction process.Identification of available renewable energy and interoperability is high priority. i :Co itie:State of AlaskaProgramexamplesinclude:mmuni Pa °Rebuilding or replacement of old,hazardous,worn out, inefficient and non-code compliant diesel generator and distribution systems; °Inclusion,integration and collaboration with heat recovery systems and viable renewable energy projects; °Force account labor and technical assistance to rural communities through AEA personnel and/or contractors with experience in rural construction. System upgrades to be funded are identified through a variety of ways, including technical assistance,advancement by the local community or direction from the Legislature.The Denali Commission provides the majority of funds.Other sources include Community Development Block Grant (CDBG),Indian Community Development Block Grant (ICDBG)and Rural Utility Service (RUS).The State Senate Resources and Energy Committee,in a draft summary,recommended a funding increase for the RPSU program to improve diesel power generation efficiency in rural Alaska. -RPSUFunding1999-2007. Program Progress Annual Fuel Savings from New Powerhouses Electricity provides for lighting,communications,900,000 gorge ig ke epg EET eM emmsceies sweeney ;a eee :Projected:heat and power necessary to operate infrastructure 800,000 =.With Additional UpgracesgareAdévonnVearades cE -that supports all other elements needed in any"EG community to permit safe and healthy living conditions.In rural communities throughout Alaska, electricity is generated by a small local "system” (generation and distribution)using diesel fuel at a cost that is three to five times higher than in urban parts of the state.Of the 200 rural communities, approximately half are served by cooperatives or another form of utility that performs under a well- established organization.Others are served by very small entities,many which experience technical and administrative problems due to lack of economies of scale and/or lack of specialized skills in the community. Reviewed February 2010 ALASKA ENERGY AUTHORITY Training Program Current Status The Alaska Energy Authority (AEA),along with the Denali Commission Training Fund,provides training opportunities to local residents for their energy projects and infrastructure. Program Description The intent of this training is to ensure that community personnel have the best skills with which to sustain their energy infrastructure in a business-like manner.With proper training,utilities can keep their facilities code-compliant and sustainable. The training program currently offers the following courses: e Bulk Fuel Operator Training e =|tinerant Bulk Fuel Operator Training e Power Plant Operator Training e Advanced Power Plant Operator Training ©=PCE Utility Clerk Training Reviewed February 2010 /=ALASKA€>ENERGY AUTHORITYbdWwAlaskaIndustrialDevelopmentandExportAuthority Revised January 2010 Project Fact Sheet:BRADLEY LAKE HYDROELECTRIC PROJECT CURRENT STATUS:Lake level is above normal for this time of year.Utilities having been running generators less hard this year to save more water for the winter.Project has been operating well through the fall. PROJECT COST:$328 million (original cost plus major capital improvements through June 30, 2009). DESCRIPTION:The project has 126 MW of installed capacity hydroelectric project located 27 air miles southeast of Homer on the Kenai Peninsula.The project consists of Bradley Lake,a 125 foot high concrete faced,rock filled dam structure,three diversion structures,a 19,063 ft. long power tunnel and vertical shaft,generating plant,interior substation,20 miles of transmission line,and substation.Due to its remote location,the project has its own airstrip,boat dock,residential quarters,and utility system.The project is normally automatically operated by remote dispatch by Chugach Electric Association from Anchorage. PURPOSE:The Bradley project provides 5-10%of the annual railbelt electric power needs at the lowest generation cost.Bradley is most important to the railbelt electric system during the cold winter months.Demand for both electric power and gas for heat is at its highest.Utilities limited by available gas are able to use Bradley power to meet the high electric demand. SOURCE OF FUNDS:Legislative appropriations and AEA revenue bonds repaid by participating utilities. PARTICIPANTS:Under the Power Sales Agreement,100%of the project's capacity has been sold to the power purchasers:Chugach Electric Association,Inc.(30.4%);Municipality of Anchorage (25.9%);Alaska Electric Generation &Transmission Cooperative,Inc.(25.8%)acting on behalf of Homer Electric Association,Inc.(12.0%)and Matanuska Electric Association,Inc. (13.8%);Golden Valley Electric Association,Inc.(16.9%);and City of Seward (1.0%). BENEFITS:Authority ownership now assures the railbelt area of a long-term source of power at a stable cost and promotes economic development in the region. ADDITIONAL BACKGROUND:The power generation potential of Bradley Lake was first studied by the U.S.Corps of Engineers and presented in a report dated March 1955.The project was authorized by Congress in 1962,but,despite its feasibility,federal funds were not available for its construction.The Alaska Energy Authority (then Alaska Power Authority)assumed responsibility for the project in 1982.Preliminary plans and field investigations started in 1982.In April 1984,the Authority submitted an application for license to the Federal Energy Regulatory Commission (FERC).The license to construct the project was issued on December 31,1985.In December 1987,the Authority and the railbelt utilities entered into a Power Sales Agreement to delineate responsibilities.Project was declared in commercial operation September 1,1991. 813 West Northern Lights Boulevard e Anchorage,Alaska 99503-2495 www.aidea.org e 907/771-3000 e FAX 907/771-3044 e Toll Free (Alaska Only)888/300-8534 e www.akenergyauthority.org Bradley Hydroelectric Project Page 2 of 2 Project Fact Sheet Bradley has been producing power for 16 years.In 2008,Bradley produced 287,000 MWh of power at a cost of approximately $.054 per kWh. A Bradley Project Management Committee (BPMC)was formed in 1993 with representatives from each of the power purchasers and Alaska Energy Authority.The BPMC is responsible for the management,operation,maintenance,and improvement of the project,subject to the non- delegable duties of the Alaska Energy Authority. [=ALASKADiesvAlaskaIndustrialDevelopmentENERGYAUTHORITY and Export Authority Reviewed February 2010 Project Fact Sheet:LARSEN BAY HYDROELECTRIC PROJECT CURRENT STATUS:Upgrades to the Larsen Bay Hydro Facility are in progress utilizing a Construction Management Contractor and AEA Rural Utility Workers.Project substantial completion is tentatively scheduled for June 30,2010.Once the project is substantially complete,the community and AEA will execute a Facility Conveyance Agreement to complete the turnover agreement to the community.The city utility supplies a portion of the cannery's energy needs to increase utility revenues and enable repayment of bond funds.The utility has agreed to allow the use PCE payments to aid in repayment of their PPF loan. PROJECT COST:$320,000 from CDBG grant DESCRIPTION:The Larsen Bay hydro facility has experienced numerous significant operating issues over the last several years which have resulted in delaying the ownership transfer from AEA to the community.The most significant issue is the reliability of the existing hydro switchgear and controls.Scheduled improvements include: e Replacement of the existing unreliable hydro switchgear and controls with new modern switchgear that includes data acquisition.and remote monitoring capabilities.This task is still in progress with the new switch gear now in basic operation. e Repair ice damage to the water intake structure.This task was substantially completed in January 2009. e Supply a portion of the cannery domestic load to facilitate increased use of hydro power without negatively impacting the power to the community and increase revenue to the city.This task was substantially completed spring of 2007. e Execute Facility Conveyance Agreement.Agreement drafted by attorney and sent to community for review and comment. PURPOSE:The project intent is to increase the reliability and use of the hydro electric system in order to facilitate the turnover of ownership of the system to the City of Larsen Bay. SOURCE OF FUNDS:In 2004,the City.of Larsen Bay applied for and received a CDBG Grant to upgrade the hydro facility.In 2005,AEA negotiated a Grant Agreement with the City of Larsen Bay and CDBG to manage the hydro upgrade project.Subsequently,the project was awarded $320,000 from CDBG. PARTICIPANTS:Alaska Energy Authority and the City of Larsen Bay BENEFITS:Once operating reliably and efficiently,the hydro will displace the majority of the city's diesel fuel used for electrical generation.The utility can now provide a portion of the cannery's energy needs resulting in increased revenue to the utility.Sales to the cannery during the summer of 2007 allowed the City of Larsen Bay to pay its loan obligations for FY 2007 and 2008.The intent is to turn the hydro facility over to the City after the improvements have been completed and the facility has proven its reliability. 813 West Northern Lights Boulevard e Anchorage,Alaska 99503-2495 www.aidea.org «907/771-3000 e FAX 907/771-3044 «Toll Free (Alaska Only)888/300-8534 e www.akenergyauthority.org Larsen Bay Hydroelectric Project Page 2 of 2 Project Fact Sheet ADDITIONAL BACKGROUND:This 475-kilowatt project went into commercial operation in mid-1991 with construction costs of approximately $1.6 million.In addition to producing electricity for this isolated Kodiak Island community,the project replaced the City of Larsen Bay's old water supply system which provides a safe source of water with reduced maintenance and improved water quality.The original intent of the hydro project was to turn the facility over to the City of Larsen Bay once it had been demonstrated to be operationally viable over a few years.The hydro operated only intermittently and unreliably for many years; therefore the community would not agree to accept the facility or make bond payments until these problems were worked out.In 2004,the City of Larsen Bay agreed to seek CDBG funding to make improvements to the hydro facility. Alaska Renewable Energy Fund Regional Summary Round 3 Ranking $25 million Allocation DRAFT REVISION February 10,2010 Round 3 Recommendation Cost of Power Population Even Split Average Additional cost Allocation funding Allocation Allocation Grant power cost of power needed to per capita per region Energy Region Funding %Total |($/kWh)basis reach 50%%total basis basis Aleutians 3,469,149 14%0.53 3,116,122 (1,911,088)1%316,566 2,193,003 Bering Straits -0%0.50 2,980,574 1,490,287 1%353,319 2,193,003 Bristol Bay 1,713,740 7%0.42 2,498,701 (464,389)3%706,481 2,193,003 Copper River/Chugach 4,252,000 18%0.26 1,515,344 (3,494,328)2%379,910 2,193,003 Kodiak 248,160 1%0.18 1,060,020 281,850 2%386,295 2,193,003 Lower Yukon-Kuskokwim -0%0.61 3,622,376 1,811,188 4%900,602 2,193,003 North Slope 396,000 2%0.14 822,684 15,342 1%286,821 2,193,003 Northwest Arctic 4,183,350 17%0.58 3,427,285 (2,469,707)1%253,689 2,193,003 Railbelt 2,279,738 9%0.16 954,329 (1,802,573)}72%17,401,883 2,193,003 Southeast 850,000 4%0.14 820,765 (439,618);12%2,778,038 2,193,003 Yukon-Koyukuk/Upper Tanana 6,730,897 28%0.56 3,304,834 (5,078,480)1%359,431 2,193,003 Statewide -0%- TOTAL 24,123,034 100%0.20 24,123,034 100%24,123,034 24,123,034 Cumulative Rounds 1-3 Recommendation Cost of Power Population Even Split Average Additional %of cost Allocation funding Allocation Allocation Total Rounds Total power cost of power needed to per capita per region F-ergy Region 1-3 Funding Funding {($/kWh)_basis reach 50%%total basis basis utians 11,819,992 8%0.53 19,264,828 (2,187,578)1%1,957,107 |13,557,823 wv.ing Straits 11,384,274 8%0.50 18,426,827 (2,170,860)1%2,184,324 |13,557,823BristolBay7,431,915 5%0.42 15,447,742 291,956 3%4,367,686 |13,557,823CopperRiver/Chugach 14,068,930 9%0.26 9,368,323 (9,384,769)2%2,348,720 |13,557,823Kodiak4,973,160 3%0.18 6,553,374 (1,696,473)2%2,388,195 |13,557,823LowerYukon-Kuskokwim 24,064,078 16%0.61 22,394,650 (12,866,753)4%5,567,801 13,557,823 North Slope 1,266,912 1%0.14 5,086,084 1,276,130 1%1,773,214 |13,557,823NorthwestArctic22,117,405 15%0.58 21,188,537 =(11,523,137)1%1,568,381 13,557,823 Railbelt 20,808,647 14%0.16 5,899,957 (17,858,668)}72%107,583,818 |13,557,823Southeast18,123,616 12%0.14 5,074,222 (15,586,505)}12%17,174,688 |13,557,823Yukon-Koyukuk/Upper Tanana 12,511,680 8%0.56 20,431,504 (2,295,928)1%2,222,114 |13,557,823Statewide565,439 0%- TOTAL 149,136,048 100%0.20 149,136,048 100%149,136,048 |149,136,048 l==ALASKA eq ENERGY AUTHORITY Alaska Renewable Energy Fund Regional Summary Round 3 Ranking $50 million Allocation DRAFT REVISION February 10,2010 Round 3 Recommendation Cost of Power Population Even Split Average Additional cost Allocation funding Allocation Allocation Grant power cost of power needed to per capita per region Energy Region Funding %Total |($/kWh)_basis reach 50%'total basis basis Aleutians 6,568,649 13%0.53 6,425,021 (3,356,139)1%652,715 4,521,675 Bering Straits 2,131,143 4%0.50 6,145,539 941,626 1%728,495 4,521,675 Bristol Bay 1,713,740 3%0.42 5,151,983 862,251 3%1,456,669 4,521,675 Copper River/Chugach 5,831,352 12%0.26 3,124,433 (4,269,135)2%783,323 4,521,675 Kodiak 286,260 1%0.18 2,185,618 806,549 2%796,488 4,521,675 Lower Yukon-Kuskokwim 2,379,457 5%0.61 7,468,849 1,354,967 4%1,856,920 4,521,675 North Slope 396,000 1%0.14 1,696,262 452,131 1%591,385 4,521,675 Northwest Arctic 4,318,350 9%0.58 7,066,598 (785,051)1%523,071 4,521,675 Railbelt 8,454,697 17%0.16 1,967,697 (7,470,848)}72%35,880,324 4,521,675 Southeast 10,095,402 20%0.14 1,692,306 (9,249,249)|12%5,727,937 4,521,675 Yukon-Koyukuk/Upper Tanana 7,011,967 14%0.56 6,814,119 (3,604,907)1%741,098 4,521,675 Statewide §51,408 1% TOTAL 49,738,425 100%0.20 49,738,425 100%49,738,425 49,738,425 Cumulative Rounds 1-3 Recommendation Cost of Power Population Even Split Average Additional %of cost Allocation funding Allocation Allocation Total Rounds Total power cost of power needed to per capita per region S ergy Region 1-3 Funding Funding |($/kWh)_basis reach 50%%total basis basis utians 14,919,492 9%0.53 22,573,727 (3,632,629)1%2,293,256 |15,886,494wv.ing Straits 13,515,417 8%0.50 21,591,792 (2,719,521)1%2,559,501 15,886,494 Bristol Bay 7,431,915 4%0.42 18,101,023 1,618,597 3%5,117,874 |15,886,494CopperRiver/Chugach 15,648,282 9%0.26 10,977,412 (10,159,576)2%2,752,133 |15,886,494Kodiak5,011,260 3%0.18 7,678,971 (1,171,774)2%2,798,388 |15,886,494 Lower Yukon-Kuskokwim 26,443,535 15%0.61 26,241,122 (13,322,974)4%6,524,118 |15,886,494 North Slope 1,266,912 1%0.14 5,959,663 1,712,919 1%2,077,779 |15,886,494 Northwest Arctic 22,252,405 13%0.58 24,827,849 (9,838,480)1%1,837,764 |15,886,494Railbelt26,983,606 15%0.16 6,913,325 (23,526,943)}72%126,062,258 |15,886,494Southeast27,369,018 16%0.14 5,945,763 (24,396,136)}12%20,124,587 |15,886,494Yukon-Koyukuk/Upper Tanana 12,792,750 7%0.56 23,940,790 (822,355)1%2,603,781 15,886,494 Statewide 1,116,847 1%- TOTAL 174,751,439 100%0.20 174,751,439 100%174,751,439 |174,751,439 l==ALASKA q-_ENERGY AUTHORITY Alaska Renewable Energy Fund Ranking and Funding Allocation Round 3 DRAFT REVISION February 10,2010 /«>ALASKA @mx-ENERGY AUTHORITY Project Benefit /Cost Stage 3 imax).Scores Cost and Request Recommendation Development Phase 3. 1.Tech&4,6.Total Cost of 2.Econ Readi-5.Local 7,Sustain-Total Applicant Stage2 |AEA Applicant]Energy Match Feas ness Benefits Support ability Rank Match Reconn/Permitting/ Energy Region 1D Project Name Applicant Type Project Type |Score BIC BIC (25)(20)(20)(10)(15)(5)(5)(100)(90)Project Cost_Grant Request__Offered Type Funding Cumulative Feasibility Final Design _Construct Recommended for Funding (Top Ranked $25 million) Copper River/Chugach 407 Humpback Creek Hydroelectric Project Rehabilitation Cordova Electric Cooperative Utility Hydro 93.67 2.50 2.73 10 19 19 10 13 5 §80.70 1 17,031,000 4,000,000 13,031,000 Full 4,000,000 4,000,000 4,000,000 Aleutians 519 Atka Hydro Dispatched Excess Electrical Power City of Atka Utility Heat Recovery 84.00 1.74 3.99 24 13 17 6 13 2 4 7869 2 350,000 297,500 52,500 Partial 80,000 4,080,000 80,000 Yukon-Koyukuk/Upper Tanana 438 Yernick Creek Hydroelectric Project Alaska Power Company Utility Hydro 75.83 2.58 4.90 12 20 15 6 12 5 3 7261 3 14,500,000 4,000,000 8,725,000 Full 4,000,000 8,080,000 4,000,000 Northwest Arctic 518 High Penetration Wind-Battery-Diesel Hybrid Kotzebue Electric Association Utility Wind 75.17 1.48 1.65 1§18 15 8 10 3 4 72.33 4 10,755,497 4,000,000 2,755,497 Full 4,000,000 12,080,000 4,000,000 Aleutians 503 St.Paul Wind Diesel Project TDX Corporation (PP Wind 93.33 3.41 3.15 14 12 19 8 14 (¢)5 71.79 5 2,100,000 1,900,000 1,700,000 Full 1,900,000 13,980,000 350,000 1,550,000 Kodiak 401 Terror Lake Unit 3 Hydroelectric Project Kodiak Electric Association,INC.Utility Hydro 84.83 2.83 493 §20 V7 6 12 5 5 69.75 6 15,907,950 7,500,000 8,407,950 Partial 248,160 14,228,160 248,160 Bristol Bay 435 Nushagak Area Hydropower Project (NAHP)Nushagak Electric &Telephone.Utility Hydro 62.00 1.90 1.23 14 20 12 4 12 2 4 69.16 7 49,500,000 20,000,000 29,500,000 Partial*-14,228,160 Southeast 462 Hoonah-IPEC Hydro Project Inside Passage Electric Cooperative,Inc.|Utility Hydro 86.00 3.18 3.33 13 11 17 6 12 4 5 68.14 8 8,525,000 4,000,000 450.000 Partial 850,000 15,078,160 850,000 Copper River/Chugach 455 Chenega Bay Hydro Design and Permitting Chenega Corporation/Chenega IRA Coud Utility Hydro 88.00 3.34 2.92 14 13 18 6 13 Qo 4 66.94 9 950,500 252,000 38,500 Full 252,000 15,330,160 252,000 Railbelt 453 Alaska SeaLife center Phase tl Seawater Heat Pump.City of Seward Govt Geothermal 81.67 3.50 4.56 4 18 16 6 12 5 4 65.81 10 286,580 286,580 401,000 Full 286,580 15,616,740 32,705 253,875 Yukon-Koyukuk/Upper Tanana 445 District Wood Heating in Fort Yukon Gwitchyaa Zhee Utility Company Utility Biomass 61.17 1.07 1.08 17 15 42 8 7 3 3 64.61 abl 3,606 255 2,318,255 990,000 Full 2,318,256 17,934,995 2,318,255 Yukon-Koyukuk/Upper Tanana 476 City Tribe Biomass Energy Conservation City of Tanana Govt Biomass 72.00 4.19 1.19 21 13 14 3 6 2 5 64.36 12 492 652 492,642 95.723 Partial 412,642 18,347,637 412,642 Aleutians 469 Akutan Hydroelectric System Repair and Upgrade.City of Akutan Govt Hydro 82.33 2.10 2.21 10 10 18 9 12 2 5 64.19 13 1,491,000 4,391,000 100,000 Full 1,391,000 19,738,637 1,391,000 Aleutians 448 Saint Paul Fuel Economy Upgrade City of Saint Paul Electric Utility Utility Heat Recovery 80.83 6.07 2.29 14 14 16 3 12 Q 5 64.04 14 615,591 510,941 104.650 Partiat 98,149 19,836,786 98,149 Railbelt 477 Mount Spurr Geothermal Project Ormat Nevada,Inc.IPP Geothermal 74.50 1.07 0.86 5 19 15 10 6 5 4 63.83 16 1,993,158 2,159 647 Full 1,993,158 21,829,944 1,993,158 Northwest Arctic 512 Kivalina Wind-Intertie Feas Analysis &Conceptual Design |AVEC Utility Wind 72.67 4.17 2.42 23 8 18 5 7 3 4 63.81 16 22,193,000 183,350 9,650 Full 183,350 22,013,294 183,350 Following Recommended for Funding for Geographic Spreading 22,013,294 Bristol Bay §15 New Stuyahok Wind-Feasibility Analysis AVEC Utility Wind $7.33 0.58 0.47 20 8 11 4 o 5 4 $2.53 39 4,436 800 142,500 7,500 Full 142,500 22,155,794 142,500 Bristol Bay 486 Pilot Point Wind Power &Heat City of Pilot Point.Utility Wind $0.67 0.40 0.45 16 12 10 5 it}is}4 47.30 51 4,571,240 4,421,240 450,000 Fut 1,421,240 23,577,034 1,421,240 North Slope 413 Point Hope Wind Diesel Generation Project North Slope Borough Utility Wind 54.50 0.97 1.07 5 412 11 4 2 2 4 38.92 66 3,857,047 3,506,406 350,641 Partial 132,000 23,709,034 132,000 North Slope 414 Wainwright Wind Diesel Generation Project North Slope Borough Utility Wind $0.00 0.75 0.88 §12 10 4 Q 2 4 36.90 7o 3,857,047 3,506,406 350,644 Partial 132,000 23,841,034 132,000 North Slope 412 Point Lay Wind Diesel Generation Project North Slope Borough Govt Wind 50.00 0.78 0.87 5 12 10 4 [¢]2 3 36.40 71 3,857,047 3,506,406 350,644 Partial 132,000 23,973,034 132,000 Bristol Ba 436 Port Alsworth Hydroelectric Construction Project Alaska Green Energy IPP Hydro 30.00 0.73 0.56 20 Qo 6 i)1 5 3 34.06 76 4,300,000 450,000 Full 150,000 24,123,034 150,000 Count =22 TOTAL 170,184 206 65,358 384 69,730,540 24,123,034 2,865,008 1,812,865 19,445,161 R ded for Funding (2nd Ranked $25 million) Bering Straits 466 Pilgrim Hot Springs Geothermal Resource Assessment UAF,Inst Northem Engineering ACEP [Govt Geothermal 74.17 1.27 42 13 15 7 8 5 4 62.96 17 6,356,222 1,748,343 407 667 Full 1,748,343 25,871,377 1,748,343 Southeast 440 Neck Lake Hydroelectric Project Alaska Power &Telephone Company Utility Hydro 72.00 1.30 1.45 44 14 14 5 &3 4 61.66 18 2,440,000 1,844,000 488,000 Partial 90,000 25,961,377 90,000 Aleutians 470 Akutan Geothermal Development Project City of Akutan Govt Geothermal 85.67 1.79 4.00 10 10 17 5 14 2 3 60.94 49 45,000,000 2,870,000 250,000 Full 2,870,000 28,831,377 2,870,000 Southeast 410 Biomass Fuel Dryer Project City of Craig Govt Biomass 69.50 1.11 1.14 6 18 14 8 7 4 4 60.56.20 600,000 350,000 250,000 Full 350,000 29,181,377 350,000 Railbelt 494 Fourth of July Creek Hydroelectric Project independence Power,LLC IPP Hydro 84.00 2.25 2.43 4 1§17 6 13 3 3 60.49 21 16,700,000 136,500 61,500 Full 136,500 29,317,877 136,500 Southeast 439 Reynolds Creek Hydro Transmission Line Alaska Power Company Utility Transmission 80.50 2.64 2.45 6 14 16 8 13 oO 5 60.46 22 3,000,000 2,000,000 400,000 Full 2,000,000 31,317,877 2,000,000 Yukon-Koyukuk/Upper Tanana 404 Galena Renewable Energy Project Louden Tribal Council Govt Biomass 64.50 2.63 2.82 18 7 13 3 14 3.3 60.29 23 11,187,738 4,000,000 7,187,738 Partial 100,000 31,417,877 100,000 Southeast 447 Indian River Hydroelectric Project City of Tenakee Springs Utility Hydro 75.67 1.54 1.78 9 11 15 6 11 2 5 58.85 24 2,741,000 203,000 26,000 Full 203,000 31,620,877 203,000 Yukon-Koyukuk/Upper Tanana 481 Tok Forestry Renewable Biomass Energy Demonstration __|Alaska DNR Div Forestry Tok Area Govt Biomass 76.50 1.20 1.70 17 10 15 4 8 ie)5 57.89 25 77,000 67,000 40,000 Full 67,000 31,687,877 67,000 Raitbeit 421 Renewable Support Mode for BESS.Golden Valley Electric Association Utility Other 85.67 27.98 27.98 5 13 17 4 13 2 4 57.84 26 300,000 255,000 45,000 Full 255,000 31,942 877 35,000 51,000 169,000 Southeast 425 Whitman Lake Hydroelectric Project Ketchikan Public Utilities Electric Div Utility Hydro 69.17 8.41 3 20 14 7 3 5 5 56.66 27 19,150,000 2,000,000 14,500,000 Full 2,000,000 33,942 877 2,000 000 Lower Yukon-Kuskokwim 484 Kongiganak Flywheel Energy Storage Puvumnaq Power Company Utility Wind 57.83 0.48 1.00 17 10 12 &3 2 4 56.09 28 1,661,368 1,495,231 196,137 Eull 1,495,231 35,438,108 87,800 1,407,431 [Lower Yukon-Kuskokwim 516 St.Mary's Wind-Final Design,Permitting &Construction AVEC Utility Wind 61.00 0.59 0.82 19 13 12 5 2 (¢]4 55.38 29 16,616,252 14,954 626 1,661,625 Partial 446,400 35,884,508 446,400 Bering Straits 513 Teller Wind-Final Design,Permitting &Construction AVEC Utility Wind 53.67 0.40 0.54 23 42 1 4 4 9 5 $4.92 30 3,890,042 3,501,038 389,004 Partial 240,300 36,124 808 240,300 Southeast 437 Connelly Lake Hydroelectric Project Alaska Power Company Utility Hydro 64.00 1.18 1.79 7 14 413 6 7 5 4 54.88 31 33,235,000 988,000 247,000 Partial 428,888 36,553,696 428,888 Railbelt 502 Cook Inlet TidGen Project ORPC Alaska,LLC IPP Ocean/River 62.67 0.23 0.37 5 19 13 7 2 5 4 54.46 32 6,501,066.1,954,000 4,547,066 Full 1,954 000 38,507 696 8,000 1,946,000 Railbelt 458 Kenai Winds ansion Kenai Winds LLC IPP Wind 5433 0.83 1.05 6 20 41 7 4 5 5 54.22 33 10,200,000 4,000,000 6,000,000 Partial 2,000,000 40,507 696 2,000,000 Railbelt 480 lonia Renewable Energy Training Center Alaska Mental Health Trust Authori Govt Biomass 77.00 1.39 1.47 6 11 15 4 8 5 §53.96 34 268,523 235,523 33,000 Ful 235,523 40,743,219 235,523 Aleutians 507 Adak Renewable/Diesel Project TDX Adak Generating,LLC Utility Wind 74.17 0.92 1.61 22 it]15 4 7 3 3 53.74 35 229,500 Fuil 229,500 40,972,719 129,500 100,000 Southeast 405 Takatz Lake Hydroelectric Feasibility Analysis City &Borough of Sitka Electric Dept Utility Hydro 81.33 3.92 467 3 12 16 4 12 2 4 53.23 36 226,000,000 2,000,000 231,768 Partial 1,362,551 42,335,270 1,362,551 Copper River/Chugach 443 Carlson Creek Hydroelectric Project Alaska Power Company Utility Hydro 56.17 1,02 2.32 15 14 11 6 4 [t)3 52.83.37 6,300,000 480,000 120,000 Partial 240,000 42,575.270 240,000 Yukon-Koyukuk/Upper Tanana 423 Solar-thermal coll &storage w ground-source heat-pumps__|Golden Valiey Electric Association Utility Solar 64.33 1.18 2.45 5 13 13 10 6 2 4 52.78 38 104,500 80,000 21,500 Full 80,000 42,655,270 80,000 Lower Yukon-Kuskokwim 514 Scammon Bay Wind Project AVEC Utility Wind 59.83 0.85 0.96 19 8 12 4 2 3 5 52.37.40 4,436,800 142,500 7,500 Full 142,500 42,797,770 142,500 Lower Yukon-Kuskokwim 424 Chefomak Wind Turbine Installation City of Chefomak Govt Wind 52.17 0.47 0.61 20 8 10 4 4 5 4 $2.37 41 4,598,905 4,000,000 95,000 Partial 151,025 42,948,795 151,025 Southeast 523 Thayer Lake Hydropower Development Kootznooweo Ine.(PP3 Hydro 72.33 1.78 1.78 13 Q 14 8 12 0 4 51.99 42 46,201,108 8,000,000 1,679,500 Partial 1,060,500 44,009,295 1,060,500 Southeast 446 Elfin Cove Hydroelectric Project Elfin Cove Utility Utility Hydro 48.83 1.09 1.45 16 4 10 6 4 2 3 51.86 43 2,274,746 347,200 48,000 Full 347,200 44,356,495 347,200 Northwest Arctic 406 NWAB School Alternate Energy Solar Awareness Northwest Arctic Borough Govt Solar §8.17 0.92 081 15 Z 12 7 2 4 §50.76 44 561,887 549,387 12,500 Partial 135,000 44,491,495 135,000 Southeast 409 Gastineau Elementary School Geothermal Loopfield City &Borough of Juneau Govt Geothermal 76.67 1.32 1.58 3 14 16 2 8 3 5 50.64 45 1,250,000 1,000,000 250,000 Full 1,000,000 45,491,495 166,443 833,557 Bering Straits 511 Stebbins Wind-Feasibility Analysis AVEC Utility Wind 60.83 0.89 0.94 19 8 12 5 2 0 4 50.41 46 5,690,800 142,500 7,500 Full 142,500 45,633,995 142,500 Statewide 426 Heat Recovery/Power Generation in Rural Alaska University of Alaska Fairbanks Govt Heat Recovery 56.33 0.00 24 ij 41 6 2 4 2 49.23 47 $51,408 551,408 Full 551,408 46,185,403 $51,408 Southeast 418 Spur Road Distnbution Line Extension City and Borough of Wrangell Govt Hydro 67.67 4 16 14 7 3 2 5 49.16 48 161,386 119,263 42,123 Full 119,263 46,304 666 119,263 Railbelt 500 Kachemak Bay Tidal Power-Feas &Conceptual Design City of Homer Govt Ocean/River 55.67 0.12 0.15 6 17 1 4 2 5 3 48.74 49 2,617,585,547,611 711,324 Full 547,611 46,852,277 547,611 Lower Yukon-Kuskokwim 498 City of Napaskiak Wind Study City of Napaskiak Electric Utility Govt Wind 70.50 0.97 1.26 419 i*]14 2 4 5 4 48.23 50 164,301 144,301 Full 144,301 46,996,578 144,301 Raiibelt 493 Glacier Fork Hydroelectric Project Glacier Fork Hydro,LLC Utility Hydro 62.17 1.40 1.44 §13 12 2 9 2 3 46.46 52 330,000,000 420,000 80,000 Full 420,000 47,416,578 420,000 Railbelt 475 Hunter Creek Hydroelectric Project Exlutna inc IPP Hydro 65.67 1.99 1.46 §13 13 1 12 ie}2 46.37 $3 25,000,000 84,000 16,000 Eull 84,000 47,500,578 84,000 Copper River/Chugach 452 Silver Lake Pre-Feasibility Study Copper Valley Electnc Assoc Utility Hydro 59.17 0.98 0.98 6 15 12 6 2 3 2 46.10 54 86,951,000 125,000 46,500 Full 125,000 47,625,578 125,000 Copper River/Chugach 408 Cordova Community Biomass Feasibility Study Native Village of Eyak Govt Biomass 61.00 10 Z 12 4 3 5 4 45.46 55 1,800,000 245,065 3,000 Partial 193,065 47,818,643 193,065 Kodiak 478 Kodiak High School Renewable Energy Analysis Kodiak Island Borough Govt Geothermal 43.83 1,00 5 18 9 4 2 5 3 45.30 56 187,750 129,440 Partial 38,100 47 856,743 38,100 Southeast 441 Schubee Lake Hydroelectic Project Alaska Power &Telephone Company Utility Hydro 63 33 1.13 2.16 ra 13 13 2 5 3 3 45.17 57 4,020,000 160,000 40,000 Partial 80,000 47,936,743 80,000 Southeast 442 Port Frederick Tidal Power Project Alaska Power &Telephone Company Utility Ocean/River 45.33 0.32 0.50 13 14 9 4 1 ie}4 45.13 58 22,000,000 400,000 100,000 Partial 64,000 48,000,743 64,000 Railbelt 457 Hybrid Biomass and Solar Combine Heat and Power Chena Power,LLC.Utility Solar 49.67 5 18 10 5 3 2 3 45.02 59 1,861,500 930,750 939,750 Pantial 67,325 48,068,068 67,325 Yukon-Koyukuk/Upper Tanana 427 Greenhouse Feasibility and Application in Rural Alaska University of Alaska Fairbanks Govt Heat Recovery 52.83 18 it}11 5 3 4 5 44.20 60 313,280 313,280 Partial 34,070 48,102,138 34,070 Copper River/Chugach 434 Waste Energy Powered Absorption Refrigeration Unit Valdez Fisheries Development Assoc IPP Heat Recovery 49 67 6 14 10 6 4 Q 3 42.45 61 36,016 000 1,021,287 350,000 Full 4,021,287 49,123,425 1,021,287 Railbelt 508 Cook iniet Tidal Hydrokinetic Power Generation Baker Hughes,Inc.IPP]Ocean/River 39.33 -0.05 061 5 19 8 2 2 3 3 41.54 62 3,600,000 400,000 1,960,000 Full 400,000 49 523,425 400,000 Southeast 495 Hoonah City Schools Biomass Heating System Hoonah City School District Govt Biomass 59.33 0.37 13 Q 12 6 2 4 4 40.93 63 3,652,680 140,000 Full 140,000 49,663,425 140,000 Railbelt 451 MSB Solar and Wind Potential Matanuska-Susitna Borough Govt Solar 40.67 5 g 8 10 1 2 4 39.87 64 322,283 300,000 22,283 Partial 75,000 49,738,425 75,000 Count =46 TOTAL 965,321,380 65,663,063 43,574,425 25,615,391 9.116.321 4650818 11,848,252 Page 1 of 2 *AEA recommends reallocation of $700,000 of Nushagak Coop's Round 1 funding for this purpose. Alaska Renewable Energy Fund Ranking and Funding Allocation Round 3 DRAFT REVISION February 10,2010 /=>ALASKA az ENERGY AUTHORITY Project Benefit/Cost Stage 3 imax)Scores Cost and Request Recommendation Development Phase 3. 1.Tech&4.6.Total Costof =.2.Econ Readi-5.Local 7.S Totat -Applicant Stage 2 |AEA Applicant]Energy Match eas ness Benefits Support ability Rank Match Reconn/_-_Permitting/Energy Region ID Project Name Applicant Type Project Type Score BIC BIC (25)(20)(20)(10)(15)(5)(5)(100)(90)Project Cost Grant Request _Offered Type Funding Cumulative Feasibility _Finat Design ConstructRemainingRdAbove$50 million Railbelt 491 Transmission Line to Renewable Energy Resources Chugach Electric Association,Inc.Utility Transmission 63.33 5 8 13 4 3 3 4 39.26 65 61,780,000 1,700,000 80,000 Partial 600,000 $0,338,425 600,000Railbelt473HopeRegionalHydroelectricStudyBeringPacificEngineeringIPPHydro46.83 2.02 1.47 5 13 9 1 8 ie)2 38.34 67 22,670,000 415,000 25,000 Full 115,000 50,453,425 115,000Statewide428CultivatingRuralAlaskaforBiomassEnergyUniversityofAlaskaFairbanksGovtBiomass63.33 1 i')13 4 3 4 3 37.59 68 578,719 578,719 Full $78,719 51,032,144 578,719Southeast449Metlakatla-Ketchikan interie Metiakatla Indian Community (MIC Govt Transmission 56.00 11.24 3 9 11 6 2 2 4 36.91 69 7,852,000 6,332,000 _1,320,000 Full 2,000,000 53,032,144 2,000,000.Railbelt 400 Wood Chip Boiler Heating System Delta/Greely Schoo!District Govt Biomass 65.67 0.82 4.80 5 i?)13 5 3 5 4 35.63 72 2,868,000 868,000 2,000,000 Full 868,000 53,900,144 868,000Southeast463YakutatWaveEnergyPilotDemonstrationCityandBoroughofYakutatGovtOcearvRiver56.83 0.64 0.63 14 9 11 6 2 2 3 35.17 73 10,644,000 41,200,000 400.000 Eull 1,200,000 §5,100 144 1,200,000Statewide$04 Wave Power Project Evaluation Study TDX Power,Inc.PPO Ocear/River 43.00 6 1 9 4 4 9 4 34.73 74 291,360 30,000 Full 247,360 55,347,504 133,240 114,120NorthwestArctic459KotzebueBiomassTacticalGarbagetoEnergyRefineryCityofKotzebue-Maniilag Servi Govt Biomass 45.33 0.07 0.36 15 (*]9 2 2 5 4 34.36 75 1,600,000 1,600,000 Partial 80.000 55,427,504 80,000CopperRiver/Chugach 496 Kenny Lake School biomass-Fired Heating Copper River Schoo!District Govt Biomass §9.67 0.57 0.82 6 it}12 6 2 2 5 32.62 77 807,972 648,284 Full 648 284 56,075,788 648,284Railbelt467WastetoEnergyFeasibilityAssessmentUAFInstofNorthemEngineeringACEP|Govt Biomass 64.00 5 0 13 4 3 3 5 32.34 78 275,142 275,142 Full 275,142 56,350,930 275,142Southeast501ReconnStudyofTenakeeInletGeothennalResourceInsidePassageElectricCooperativeUtilityGeothermal45.67 0.47 0.91 13 0 9 1 2 4 3 31.78 79 27,000,000 2,589,200 Full 2,589,200 58,940,130 2,589,200CopperRiver/Chugach 510 Stana Wind Farm-Wind Energy Resource Assessment Village Wind Power,LLC IPP Wind 33.83 0.58 2.54 16 0 7 2 1 3 3 30.87 80 4,000,000 4,000,000 Partial 60,000 59,000,130 60,000Southeast430RuthLakeHydroelectricProjectCityofAngoonGovtHydro23.00 0.47 3.64 13 0 5 4 1 5 2 30.58 31 100,015,360 1,610,440 402.610 Full 1,610,440 60,610,570 1,610,440Statewide468AlaskaWindforSchoolsProgramUAFACEPWindDieselAppCtrGovtWind47.83 0.44 14 ie)10 3 1 i]3 30.04 82 293,238 293,238 Full 293,238 60,903,808 5,000 39,042 249,196Southeast485SceneryLakeHydroelectricProjectCityofAngoonGovtHydro26.00 0.80 16.16 13,(¢)ES)2 4 §2 29.18 83 98,626,186 1,624,240 414,060 Ful 1,624,240 62,528,048 1,624,240Railbelt402JackRiverHydroProjectNativeVillageofCantwellGovtHydro35.33 5 7 7 2 QO 5 2 29,03 84 200,000 194.540 5.460 Fuil 194,540 62,722,588 194,540Southeast$20 The Angoon Commercial Demonstration Tidal Power Blue Energy Canada,Inc IPP Ocean/River 37.83 0.43 1.87 13 [e)8 41 4 3 3 28.00 85 6,000,000 4,000,000 2,900,000 Partial 193,200 62,915,788 193,200Southeast450TriangleLakeHydroelectricProjectMetlakatlaIndianCommunity(MIC)Govt Hydro 52.67 7.05 3 [¢}11 6 [¢]2 5 26.29 86 17,772,000 500,000 Full 500,000 63,415,788 500,000Railbelt460AVTECHydroTrainingFacilityProjectAVTEC-Alaska Institute of Technology |Govt Hydro 41.67 4 it]8 6 1 3 3 24.52 87.260,000 260,000 Full 260,000 63,675,788 260,000Railbelt415ClearwaterWindFarmC&L Ranch LLC (PP Wind 40.08 4.25 2.44 5 it}8 2 6 i¢)3 23.73 88 4,500,000.2,000,000 2,500,000 Partiat 30,000 63,705,788 30,000Railbelt505WestCookIntetEnergyCumulativeImpactsTOXPower,Inc.(PPa Other 45.50 5 is}9 4 2 Q 4 23.69 89 5,000,000 4,000,000 Partial 2,000,000 65,705,788 2,000,000Southeast416SunriseLakeProjectCityandBoroughofWrangellGovtHydro47.00 1.36 0.85 4 it)9 3 1 2 3 21.19 90 4637616 90,000 Full 90,000 65,795,788 90,000Count=22 377,180,233 34,770,163 9,174,130 16,057,363 7,444,041 4,847,842 3,765,480NotRecommended(Did not Pass Stage 1 or 2 Review) Railbelt 403 Delta Junction Wood Pellet Boiler Biofuel Pilot Program Alaska DNR Div Forestry Delta Area Govt Biomass 0.20 0.22 932,250 932,250 Not RecommRailbelt414AnchoragegeothennaldistrictheatingprojectIcelandAmericaEnergy,INC IPP.Geothermal 1,070,000,000 392,520 261,680 |Not RecommSoutheast417WrangellDowntownRevitalizationCityandBoroughofWrangellGovtTransmission1,506,857 1,231,113 255.744 |Not RecommSoutheast419WrangellStreetLightConversionCityandBoroughofWrangellGovtOther416,392 313,790 102,602 [Not RecommSoutheast420AlaskaBritishColumbia(AK-BC)Intertie Project City and Borough of Wrangell Govt Transmission 31,000,000 5,033,414 Not RecommRailbelt422Recapture&Utilize Heat from the Healy Clean Coal Golden Valley Electric Association Utility Heat Recovery 167,390 95,190 72,000 |Not RecommRailbelt429KeepitSustainable,Keep it Local (KISKIL)Delta Mine Training Center IPP Biomass.1.26 1,497,500 997,500 278,000 [Not RecommRailbelt431TyonekNativeVillageWindProjectNativeVillageofTyonekGovtWind0.14 10.46 240,000 200,000 40,000 J[Not RecommRailbelt432SkylineMiniWindFarmAprilPark/IPP IPPU Wind 0.14 0.81 340,000 260,000 80,000 [Not RecommRailbelt433SeldoviasmallwindgenerationfacilityCityofSeldoviaGovtWind0.15 0.92 658 000 508,000 150,000 [Net RecommSoutheast444SEAPAintegratedResourcePlanningProjectTheSoutheastAlaskaPowerAgencyGovtHydro312,000 252,000 60,000 |[Not RecommBristolBay454SouthwestAlaskaRegionalGeothermalEnergyNaknekElectricAssociationUtilityGeothermal2.21 3.32 35,506,477 18,000,000 20,506,477 [Not RecommRailbelt4562MWRefineryWasteEnergyRecoveryChenaPower,LLC Utility Heat Recovery 7,815,000 3,907,500 3,907,500 |Not RecommBnstolBay461UgashikThermalEngineGeneratorSystemUgashikTraditionalVillageGovtHeatRecovery232,170 217,170 15,000 [Not Recomm : Lower Yukon-Kuskokwim 464 AVCP Housing Wind Turbines Project AVCP Regional Housing Authority Govt Wind 0.47 047 4,494 546 3,744 546 750,000 [Not RecommYukon-Koyukuk/Upper Tanana 465 Melozi-Homer Hot Springs Geothermal Resource Est Ruby Tribal Council Govt Geothermal!0.12 219,071 219,071 Not RecommRailbelt471VirginCreekHydroelectricProjectBeringPacificEngineeringIPPHydro4,200,000 125,000 25,000 JNot RecommRailbelt472EskaCreekHydroelectricProjectBeringPacificEngineeringIPPHydro5,800,000 70,000 15,000 [Not RecommBristolBay474ChignikLagoonHydroelectricProjectChignikLagoonPowerUtility(CLPU)Utility Hydro 2,500,000 2,350,000 150,000 JNot RecommYukon-Koyukuk/Upper Tanana 479 Alaska Biomass Combined Heat &Power Demo Alaska Power Company Utility Biomass 2.07 2.23 20,000,000 4,525,605 15,474,395 JNot RecommRailbelt482TumagainArmTidalElectricGenerationProjectLittleSusitnaConstructionCo.,Inc.Utility Ocean/River 1.35 4.14 2,500,000,000 4,000,000 Not RecommLowerYukon-Kuskokwim 483 High Penetration Wind Diesel Power and Heat Kipnuk Light Plant Utility Wind 1.00 1.46 5,347,236 3,947,236 1,400,000 JNot RecommLowerYukon-Kuskokwim 487 Kwigillingok Flywheel Energy Storage Kwig Power Co.Utility Wind 0.46 0.99 1,661,368 1,495 231 166,137 JNot RecommRailbeit488PortGrahamVillageCouncilBiomassElectricGenPortGrahamVillageCouncilGovtBiomass0.74 027 8,763,228 3,313,920 5,449,307 [Not RecommStatewide489Statewiderun-of-river hydropower assessment UAA State Inst_Higher Leaming Govt Hydro 675,185 675,185 Not RecommCopperRiver/Chugach 490 Tribal &Regional Energy Pianning Cheesh'na Tribal Council Govt Other 267,024 267,024 Not RecommRailbelt492ArchangelCreekHydroelectricProjectBeringPacificEngineeringIPP.Hydro 7,785,000 70,000 15,000 [Not RecommLowerYukon-Kuskokwim 497 Tuntutuliak Flywheel Energy Storage Tuntutuliak Comm Assoc Elec Serv Utility Wind 0.46 0.98 1,661,368 1,495,231 166,137 [Not RecommStatewide499BiomassforEnergy:Supply Side Knowledge Base UAF Govt Biomass 212,942 212,942 Not RecommCopperRiver/Chugach 506 Tatitlek High Penetration Wind-Diesel Project Tatitlek IRA Council/Tatitlek Electric Co |Govt Wind 0.45 0.63 1,812,000 903,970 8,030 [Not RecommRailbelt509JarvisCreekNaturalGasProjectAlaskaWindPower,LLC IPPO Gas 160,000,000 300,000 100,000 [Not RecommRailbelt521FuelCeliFeasibilityCityofHoustonGovtOther45,000 45,000 Not Recomm 4Kodiak522CityofOuzinkieWindGeneratorProjectCityofOuzinkieUtilityOperationsUtilityWind650,000 650.000 200,000 JNot RecommCount=33 TOTAL 3,876,718,004 57,750,408 49,648,009 -[Ail proposals Count=123 GRAND TOTAL §,389,403,823 223,542,018 172,127,104 65,795,788 19,425,370 11,311,525 35,058,893 | Page 2 of 2 Alaska Renewable Energy Fund =SRankingandFundingAllocationRound3/=-_,ALA KADRAFTREVISIONFebruary10,2010 @@-ENERGY AUTHORITY _. Project Benefit/Cost Stage 3 max)”Scores Cost and Request Recommendation 3. |1.Tech&4.6.Energy Region Totat Costof =.2.Econ Readi-5.Local 7.Sustain-Total StatewideApplicantStage2|AEA Applicant]Energy Match eas ness Benefits Support ability Rank Grant AEA Recomm iD Project Name Applicant Type Project Type Score BIC BIC (25)(20)(20)(10)(15)(5)(5)(100)(90)Project Cost Request Match Offered Type Funding 519 Atka Hydro Dispatched Excess Electrical Power City of Atka Utility Heat Recovery 84.00 1.74 3.99 24 13 17 6 13 2 4 78.69 2 350,000 297,500 52,500 [Partial 80,000 503 St_Paul Wind Diesel Project TOX Corporation (PP Wind 93.33 3.41 3.15 14 12 13 8 14 ie}5 71.79 5 2,100,000 1,900,000 14,700,000 [Full 1,900,000469AkutanHydroelectricSystemRepairandUpgradeCityofAkutanGovtHydro82.33 2.10 2.21 10 10 16 9 12 2 5 64.19 13 1,491,000 1,391,000 100,000 |Full 1,391,000Aleutians448SaintPaulFuelEconomyUpgradeCityofSaintPaulElectricUtilityUtilityHeatRecovery80.83 6.07 2.29 14 14 16 3 12 9 §64.04 14 615,591 510,941 104.650 }Partial 98,149 4,556,591 4,099,441 1,957,150 3,469,149 470 Akutan Geothermal Development Project City of Akutan Govt Geothermal 85.67 1.79 400 10 10 17 5 14 2 3 60.94 19 45,000,000 2,870,000 250,000 [Full 2,870,000 507 Adak Renewabie/Diesel Project TOX Adak Generating,LLC Utility Wind 74.17 0.92 161 22 ie)15 4 7 3 3 $3.74 35 229,500 Full 229,500 45,000,000 3,099,500 250,000 3,099,500466PilgrimHotSpringsGeothermalResourceAssessmentUAF,Institute of Northern Engineering,ACEP Govt Geothermal 74.17 1.27 0.00 12 413 15 7 8 5 4 62.96 17 6,356,222 1,748,343 407,667 |Full 1,748,343 513 Teller Wind-Final Design,Permitting &Construction AVEC Utility Wind 53.67 0.40 0.54 23 12 1 4 1 0 5 54.92 30 3,890,042 3,501,038 389,004 [Partial 240,300BeringStraits511StebbinsWind-Feasibility Analysis AVEC Utility Wind 60.83 0.89 0.94 19 8 12 5 2 0 4 50.41 46 5,690,800 142,500 7,500 |Full 142,50015,937,064 5,391,881 804,171 2,131,143 435 Nushagak Area Hydropower Project (NAHP}Nushagak Electric &Telephone Utility Hydro 62.00 1.90 1.23 14 20 12 4 12 2 4 69.16 7 49,500,000 20,000,000 29,500,000 |Partial* 515 New Stuyahok Wind-Feasibility Analysis AVEC Utility Wind 67.33 0.58 0.47 20 8 11 4 0 §4 52.53 39 4,436,800 442,500 7,500 |Full 142,500486PilotPointWindPower&Heat City of Pilot Point Utility Wind $0.67 0.40 045 416 12 10 5 ie}0 4 47,30 51 1,571,240 4,421,240 150,000 |Full 1,421,240436PortAlsworthHydroelectricConstructionProjectAlaskaGreenEnergyIPPHydro30.00 0.73 0.56 20 0 6 0 1 5 3 34.06 76 4,300,000 450,000 Full 150,000BristolBay59,808,040 21,713,740 29,657,500 :1,713,740454SouthwestAlaskaRegionalGeothermalEnergyProjectNaknekElectricAssociation,Inc.(NEA)Utility Geothermal 2.21 3.32 35,506,477 15,000,000 20,506,477 |Not Recomm461ThermalEngineGeneratorSystem(TEGS)for Ugashik,AK Ugashik Traditional Village Govt Heat Recovery 232,170 217,170 15,000 [Not Recomm474ChignikLagoonHydroelectricProjectChignikLagoonPowerUtility(CLPU)Utility Hydro 2,500,000 2,350,000 450,000 |Not Recomm 38,238,647 17,567,170 20,671,477 : 407 Humpback Creek Hydroelectric Project Rehabilitation Cordova Electric Cooperative Utility Hydro 93.67 2.50 2.73 10 19 419 10 413 5 80.70 1 17,031,000 4,000,000 13,031,000 |Full 4,000,000455ChenegaBayHydroDesignandPermittingChenegaCorporation/Chenega IRA Council Utility Hydro 88.00 3.34 2.92 14 13 18 6 13.(e)4 66.94 9 950,500 252,000 38,500 |Full 252,000 17,981,500 4,252,000 13,069,500 4,252,000443CarlsonCreekHydroelectricProjectAlaskaPowerCompanyUtilityHydro56.17 1.02 2.32 15 14 11 6 4 ie)3 52.83 37 6,300,000 480,000 120,000 [Partial 240,000452SilverLakePre-Feasibility Study Copper Valley Electric Association,Inc.(CVEA)Utility Hydro $9.17 0.98 0.98 6 15 12 6 2 3 2 46.10 54 86,951,000 125,000 46,500 [Full 125,000408CordovaCommunityBiomassFeasibilityStudyNativeVillageofEyakGovtBiomass61.00 10 7 12 4 3 5 4 45.46 55 1,800,000 245,065 3,000 [Partial 193.065Copper434WasteEnergyPoweredAbsorptionRefrigerationUnitValdezFisheriesDevelopmentAssociationIPPHeatRecovery49.67 6 14 10 6 4 0 3 42.45 61 36,046,000 1,021,287 350,000 |Full 4,021,287River/Chugach 131,067,000 1,871,352 519,500 1,579,352496KennyLakeSchoo!biomass-Fired Heating System Copper River School District Govt Biomass 59.67 0.57 0.82 6 0 12 6 2 2 5 32.62 77 807,972 648.284 Full 648 284510SlanaWindFarm-Wind Energy Resource Assessment Village Wind Power,LLC IPP Wind 33.83 0.58 2.54 16 ie)7 2 4 3 3 30.87 80 4,000,000 4,000,000 Partial 60,000 ' 4,807,972 4,648 284 :.708,284 490 Tribal &Regional Energy Planning Cheeshina Tribal Council Govt Other 267,024 267,024 Not Recomm506TatitlekHighPenetrationWind-Diesel Project Tatitlek IRA Council/Tatitlek Electric Company Govt Wind 0.45 0.63 1,812,000 303,970 8,030 [Not Recomm 2,079,024 1,170,994 8,030 : 401 Terror Lake Unit 3 Hydroelectric Project Kodiak Electric Association,INC Utility Hydro 84.83 2.83 4.93 5 20 17 6 12 §5 69.75 6 15,907,950 7,500,000 8 407,950 |Partial 248,160 15,907,950 7,500,000 8,407,950 248,160 Kodiak 478 Kodiak High School Renewable Energy Analysis.Kodiak tsland Borough Govt Geothermal 43.83 1.00 0.00 5 18 9 4 2 §3 45.30 56 187,750 129,440 |Partiai 38,100 :187,750 129,440 38,100 §22 City of Ouzinkie Wind Generator Project City of Quzinkie Utility Operations Utility Wind 650,000 650,000 200,000 |Not Recomm 650,000 650,000 200,000 - 484 Kongiganak Flywheel Energy Storage Puvurnag Power Company Utility Wind 57.83 0.48 1.00 17 10 12 8 3 2 4 56.09 28 1,661,368 1,495,231 166,137 |Full 1,495,231$16 St.Mary's Wind-Final Design,Permitting &Construction AVEC Utility Wind 61.00 0.59 0.82 49 13 12 5 2 0 4 55.38 29 16,616,252 14,954 626 1,661,625 |Partial 446,400814ScammonBayWindProjectAVECUtilityWind59.83 0.85 0.96 19 8 12 4 2 3 5 52.37 40 4,436,800 142,500 7,500 |Full 142,500424ChefornakWindTurbineInstallationCityofChefornakGovtWind§2.17 0.47 0.61 20 8 10 4 1 5 4 §2.37 41 4,598,905 4 000.000 95,000 |Partial 151,025LowerYukon-498 City of Napaskiak Wind Study City of Napaskiak-Napaskiak Electric Utility Govt Wind 70.50 0.97 1.26 19 [¢)14 2 4 5 4 48.23 50 144,301 144301 Full 144 301 Kuskokwi 27,457,626 20,736,658 1,930,262 2,379,457|464 AVCP Housing Wind Turbines Project AVCP Regional Housing Authority Govt Wind 0.47 0.47 4.494 546 3,744 546 750,000 |Not Recomm 483 High Penetration Wind Diese!Power and Heat Kipnuk Light Piant Utility Wind 1,00 1.46 5,347,236 3,947,236 1,400,000 |Not Recomm487KwigillingokFlywheelEnergyStorageKwigPowerCo.Utility Wind 0.46 0.99 1,661,368 1,495,231 166.137 |Not Recomm497TuntutuliakFlywheelEnergyStorageTuntutuliakCommunityServicesAssocElecServUtilityWind0.46 0.98 1,661,368 1,495,231 166,137 |Not Recomm13,164,518 10,682,244 2,482,274 : 413 Point Hope Wind Diesel Generation Project North Slope Borough Utility Wind 54.50 0.97 1.07 5 12 11 4 2 2 4 38.92 66 3,857,047 3,506 406 350,641 [Partial 132,000 North Slope 414 Wainwright Wind Diesel Generation Project North Slope Borough Utility Wind 5000 0.75 0.88 5 12 10 4 0 2 4 36.90 70 3,857,047 3,506,406 350,641 [Partial 132,000412PointLayWindDieselGenerationProjectNorthSiopeBoroughGovtWind50.00 0.78 0.87 5 12 10 4 0 2 3 36.40 71 3,857,047 3,506,406 350,641 [Partial 132,000 11,571,141 10,519,218 1,051,923 396,000518HighPenetrationWind-Battery-Diesel Hybrid Kotzebue Electric Association Utility Wind 75.17 1.48 1.65 15 18 15 8 10 3 4 72.33 4 19,755,497 4,000,000 2,755,497 |Full 4,000,000512KivalinaWind-Intertie Feasibility Analysis &Conceptual Design AVEC Utility Wind 72.67 41.17 2.42 23 8 15 5 7 3 4 63.81 16 22,193,000 183,350 9,650 |Full 183,350 32,948,497 4,183,350 2,765,147 4,183,350NorthwestArctic406NWABSchoolAlternateEnergySolarAwarenessProjectNorthwestArcticBoroughGovtSolar58.17 0.92 0.81 45 7 12 7 2 4 5 50.76 44 561,887 549 387 12,500 }Partial 135,000 561,887 549,387 12,500 135,000459CityofKotzebueBiomassTacticalGarbagetoEnergyRefineryCityofKotzebue-Maniilaq Services LLC Govt Biomass 45.33 -0.07 0.36 16 0 9 2 2 §1 34.36 75 1,600,000 1,600,000 Partial 80,000 1,600,000 1,600,000 :80,000 Page 3 of 3 Alaska Renewable Energy Fund ee Ranking and Funding Allocation Round 3 f=ALASKADRAFTREVISIONFebruary10,2010 @@=--ENERGY AUTHORITY Project Benefit/Cost Stage 3 'mmax)”Scores Cost and Request Recommendation 3. 1.Tech&4.6. Energy Region Total Costof =2.Econ Readi-5.Local 7.Sustain-Total Statewide Applicant Stage 2 |AEA Applicant]Energy Match Feas ness Benefits Support ability Rank Grant AEA Recomm {D.Project Name Applicant Type Project Type Score BIC BIC (25)(20)(20)(10)(15)(5)(5)(100)(90)Project Cost Request Match Offered]-_Type Funding 453 Alaska SeaLife center Phase li Seawater Heat Pump Project City of Seward Govt Geothermal 81.67 3.50 4.56 4 18 16 6 42 5 4 65 81 10 286,580 286,580 401,000 |Full 286,580 477 Mount Spurr Geothermal Project Ormat Nevada,Inc.IPP Geothermal 74.50 1.07 0.86 5 19 15 10 6 5 4 63.83 15 1,993,158 2,159,647 [Full 1,993,158 286,580 2,279,738 2,560,647 2,279,738 494 Fourth of July Creek Hydroelectric Project Independence Power,LLC IPP.Hydro 84.00 2.25 2.43 4 15 17 6 13 3 3 60 49 21 16,700,000 436,500 61,500 [Full 136,500 421 Renewable Support Mode for BESS Golden Valley Electric Association Utility Other 85 67 27.98 27.98 5 13 17 4 13 2 4 57.84 26 300,000 255,000 45,000 |Full 255,000 502 Cook Inlet TidGen Project ORPC Alaska,LLC IPP:Ocean/River 62 67 0.23 0.37 5 19 13 7 2 5 4 54.46 32 6,501,066 1,954,000 4,547 066 |Full 1,954 000 458 Kenai Winds Expansion Kenai Winds LLC IPP Wind $4.33 0.83 105 6 20 141 7 1 5 §54.22 33 10,200,000 4,000,000 6,000,000 [Partial 2,000,000 480 tonia Renewable Energy Training Center The State of Alaska Mental Health Trust Authority Govt Biomass.77.00 1.39 147 6 11 15 4 8 5 5 53.96 34 268,523 235,523 33,000 [Full 235,523 500 Kachemak Bay Tidal Power-Feasibility &Conceptual Design City of Homer Govt Ocean/River 55.67 0.12 0.15 6 17 11 4 2 5 3 48.74 49 2,617,585 547,611 711,324 [Fuil 547 611 493 Glacier Fork Hydroelectric Project Glacier Fork Hydro,LLC Utility Hydro 62.17 1.40 144 5 13 12 2 9g 2 3 46.46 52 330,000,000 420,000 80,000 [Full 420,000 475 Hunter Creek Hydroelectric Project Eklutna Inc IPP.Hydro 65.67 1.99 1.46 5 13 13 1 12 0 2 46.37 53 25,000,000 84,000 46,000 |Full 84.000 457 Hybrid Biomass and Solar Combined Heat and Power System Chena Power,LLC Utility Solar 49.67 5 18 10 5 3 2 3 45.02 59 1,861,500 930,750 930,750 |Partial 67,325 508 Cook Iniet Tidal Hydrokinetic Power Generation Baker Hughes,Inc.IPP]Ocean/River 39.33 -0.05 0.61 5 19 8 2 2 3 3 41.54 62 __3,600,000 400,000 1,960,000 |Full 400,000 451 MSB Solar and Wind Potential Matanuske-Susitna Borough Govt Solar 40.67 5 9 8 10 1 2 4 39.87 64 322,283 300,000 22,283 |Partal 75,000 397,370,957 9,263,384 14,406,923 6,174,959 491 Transmission Line to Renewable Energy Resources Chugach Electric Association,Inc,Utility Transmission 63.33 5 8 13 4 3 3 4 39.26 65 61,780,000 1,700,000 80,000 [Partial 600,000 473 Hope Regional Hydroelectric Study Bering Pacific Engineering IPP Hydro 46 83 2.02 1.47 5 13 93 1 8 0 2 38.34 67 22,670,000 115,000 25,000 {Full 115,000 400 Wood Chip Boiler Heating System Delta/Greely Schoo!District Govt Biomass 65.67 082 1.80 5 [¢]13 5 3 5 4 35.63 72 2,868,000 868,000 2,000,000 |Full 868,000 467 Waste to Energy FeasibilityAssessment for UAF and other UAE,Institute of Northern Engineering,ACEP Govt Biomass 64.00 5 0 13 4 3 3 5 32.34 78 275,142 275,142 Full 275,142 Railbelt 402 Jack River Hydro Project Native Village of Cantwell Govt Hydro 35.33 5 7 7 2 0 5 2 29.03 84 200,000 194 540 5,460 |Full 194,540 460 AVTEC Hydro Training Facility Project AVTEC-Alaska Institute of Technology Govt Hydro 41.67 4 0 8 6 1 3 3 24.52 8&7 260,000 260,000 Full 260,000 415 Clearwater Wind Farm C&L Ranch LLC IPP.Wind 40.08 1.25 2.44 §ie)8 2 6 ie)3 23.73 88 4,500,000 2,000,000 2,500,000 [Partial 30,000 505 West Cook Inlet Energy Cumulative Impacts TDX Power,Inc.IPPul Other 45.50 5 0 9 4 2 0 4 23.69 89 5,000,000 4,000,000 Partial 2,000,000 97,553,142 9,412,682 4,610,460 4,342,682 403 Delta Junction Wood Pellet Boiler.Biofuel Pilot Program State of Alaska,DNR Division of Forestry Govt Biomass 0.20 0.22 932,250 932,250 Not Recomm 411 Anchorage geothermal district heating project Iceland America Energy,INC IPP Geothermal 1,070,000,000 392,520 261,680 |Not Recomm 422 Recapture &Utilize Waste Heat from the Healy Clean Coal Project Golden Valley Electric Association Utility Heat Recovery 167,390 95,190 72,000 [Not Recomm 429 Keep it Sustainable,Keep it Local (KiISKIL)Renewabie Energy Delta Mine Training Center IPP Biomass 1.26 1,497,500 997,500 278,000 |Not Recomm 431 Tyonek Native Village Wind Project Native Village of Tyonek Govt Wind 0.14 10.46 240,000 200,000 40,000 |Not Recomm 432 Skyline Mini Wind Farm Apri!Park/IPP IPP]Wind 0.14 0.81 340,000 260,000 80,000 [Not Recomm 433 Seldovia small wind generation facility City of Seldovia Govt Wind 0.15 0.92 658,000 508,000 150,000 _|Not Recomm 456 2MW Refinery Waste Energy Recovery Chena Power,LLC.Utility Heat Recovery 7,815,000 3,907,500 3,907,500 |Not Recomm 471 Virgin Creek Hydroelectric Project Bering Pacific Engineering IPP Hydro 4200,000 125,000 25,000 [Not Recomm 472 Eska Creek Hydroelectric Project Bering Pacific Engineering IPP Hydro 5,800,000 70,000 15,000 [Not Recomm 482 Turnagain Arm Tidal Electric Generation Project Little Susitna Construction Co.,Inc.Utility Ocean/River 1.35 4.14 2,500,000,000 4,000,000 Not Recomm 488 Port Graham Village Council Biomass Electric Generation Project Port Graham Village Council Govt Biomass 0.74 0.27 8,763,228 3,313,920 5.449.307 _|Not Recomm 492 Archangel Creek Hydroelectric Project Bering Pacific Engineering IPP Hydro 7,785,000 70,000 15,000 |Not Recomm 509 Jarvis Creek Natural Gas Project Alaska Wind Power,LLC IPP;Gas 160,000,000 300,000 100,000 |Not Recomm §21 Fuel Cell Feasibility City of Houston Govt Other 45,000 45,000 Not Recomm 3,7€8,243,368 15,216,880 10,393,487 : 462 Hoonah-IPEC Hydro Project Inside Passage Electric Cooperative,Inc.Utility Hydro 86.00 3.18 3.33 13 1 7 6 12 4 5 68.14 8 8,525,000 4,000,000 450,000 |Partial 850,000 8,525,000 4,000,000 450,000 :850,000 440 Neck Lake Hydroelectric Project Alaska Power &Telephone Company Utility Hydro 72.00 1.30 1.45 14 14 14 5 8 3 4 61.66 18 2,440,000 1,844 000 488.000 [Partial 90,000 410 Biomass Fuel Dryer Project City of Craig Govt Biomass 69.50 111 1.11 6 18 14 8 7 4 4 60.56 20 600,000 350,000 250,000 [Full 350,000 439 Reynolds Creek Hydro Transmission Line Alaska Power Company Utility Transmission 80.50 2.64 2.45 6 14 16 6 13 [8]5 60.46 22 3,000,000 2,000,000 400,000 |Full 2,000,000 447 indian River Hydroelectric Project City of Tenakee Springs Utility Hydro 75.67 154 1.78 9 11 15 6 41 2 §58.85 24 2,711,000 203,000 26,000 |Full 203,000 425 Whitman Lake Hydroelectric Project Ketchikan Public Utilities Electric Division Utility Hydro 69.17 8.41 3 20 14 Zz 3 5 §56.66 27 19,150,000 2,000,000 14,500,000 |Full 2,000,000 437 Connelly Lake Hydroelectric Project Alaska Power Company Utility Hydro 64.00 4.18 1.79 7 14 13 6 7 5 4 54.88 31 33,235,000 988,000 247,000 |Partial 428,888 405 Takatz Lake Hydroelectric Feasibility Analysis City &Borough of Sitka Electric Department Utility Hydro 81.33 3.92 467 3 12 16 4 12 2 4 53.23 36 226,000,000 2,000,000 231,768 [Partial 1,362,551 §23 Thayer Lake Hydropower Development (TLHD)Generation/Trans Kootznoowoo Inc.IPPL Hydro 72.33 1.78 1,78 13 ie}14 8 12 ie}4 51.99 42 15,201,108 8,000,000 1,679,500 |Partial 1,060,500 446 Elfin Cove Hydroelectric Project Elfin Cove Utility Utility Hydro 48.83 1.09 1.45 16 11 10 6 4 2 3 51.86 43 2,274,746 347,200 48,000 |Full 347,200 409 Gastineau Elementary School Geothermal Loopfield City &Borough of Juneau Govt Geothermal 76.67 1.32 1.58 3 14 15 2 8 3 5 50.64 45 1,250,000 4,000,000 250,000 [Full 1,000,000 418 Spur Road Distribution Line Extension City and Borough of Wrangell Govt Hydro 67 67 4 15 14 7 3 2 5 49.16 48 161,386 119,263 42,123 {Full 119,263 441 Schubee Lake Hydroelectic Project Alaska Power &Telephone Company Utility Hydro 63 33 1.13 2.16 7 13 13 2 5 3 3 45.17 57 4,020,000 160,000 40,000 |Partial 80,000 442 Port Frederick Tidal Power Project Alaska Power &Telephone Company Utility Ocear/River 46.33 0.32 0.50 13 14 9 4 1 ie]4 45.13 58 22,000,000 400,000 100,000 |Parial 64,000 Southeast 495 Hoonah City Schools Biomass Heating System Hoonah City School District Govt Biomass §9.33 0.37 13 0 12 6 2 4 4 40.93 63 3,652,680 140,000 Full 140,000 335,695,920 19,551,463 18,302,391 9,245,402 449 Metlakatla-Ketchikan Interie Metlakatla Indian Community (MIC)Govt Transmission §6.00 11.24 3 9 11 6 2 2 4 36.91 69 7,652,000 6,332,000 1,320,000 |Full 2,000,000 463 Yakutat Wave Energy Pilot Demonstration City and Borough of Yakutat Govt Ocear/River 56.83 0.64 063 1 0 1 6 2 2 3 35.17 73 10,644,000 1,200,000 400,000 |Full 1,200,000 501 Reconnaissance Study of Tenakee Inlet Geothermal Resource Inside Passage Electric Cooperative Utility Geothermal 45 67 0.47 0.91 13 0 9g |2 4 3 31.78 79 27,000,000 2,589,200 Full 2,589,200 430 Ruth Lake Hydroelectric Project City of Angoon Govt Hydro 23.00 0.47 3.61 13 (¢)5 4 4 §2 30.58 84 109,015,360 1,610,440 402,610 [Full 1,610,440 485 Scenery Lake Hydroelectric Project City of Angoon Govt Hydro 26.00 0.80 16.16 13 0 5 2 41 5 2 2918 83 98 626,186 1,624,240 441,060 |Full 1,624 240 520 The Angoon Commercial Demonstration Tidal Power Project Biue Energy Canada,Inc IPP_;Ocean/River 37.83 0.43 187 13 0 8 1 1 3 3 28.00 85 6,000,000 4,000,000 2,000,000 [Partial 193,200 450 Triangle Lake Hydroelectric Project Metlakatla Indian Community (MIC)Govt Hydro 52 67 7.05 3 is}11 6 0 2 5 26.29 86 17,772,000 500,000 Full 500,000 416 Sunrise Lake Project City and Borough of Wrangell Govt Hydro 47.00 1.35 0.85 4 is}9 3 1 2 3 21.19 90 4,637,616 90,000 Full 90,000 272,347,162 17,945,880 4,533,670 9,807,080 417 Wrangell Downtown Revitalization City and Borough of Wrangell Govt Transmission 1,506,857 1,231,113 255.744 [Not Recomm 419 Wrangell Street Light Conversion City and Borough of Wrangell Govt Other 416,392 313,790 102,602 {Not Recomm 420 Alaska British Columbia (AK-BC)tntertie Project City and Borough of Wrangell Govt Transmission 31,000,000 5,033,414 Not Recomm : 444 SEAPA Integrated Resource Planning Project (IRP)The Southeast Alaska Power Agency Govt Hydro 312,000 252,000 60.000 |Not Recomm 33,235,249 6,830,317 418,346 : Page4of3 Alaska Renewable Energy Fund Ranking and Funding Allocation Round 3 DRAFT REVISION February 10,2010 /=ALASKA@e=-ENERGY AUTHORITY Project Benefit/Cost Stage 3 'max).Scores Cost and Request Recommendation 3. 1.Tech&4.6. Energy Region Total Costof 2.Econ Readi-5.Local 7.Sustain-Total Statewide Applicant Stage 2 |AEA Applicant]Energy Match eas ness Benefits Support ability Rank Grant AEA Recomm 1D Project Name Applicant Type Project Type Score BIC BIC (25)(20)(20)(10 (15)(5)(5)(100)(90)Project Cost Request Match Offered Type Funding 438 Yerrick Creek Hydroelectric Project Alaska Power Company Utility Hydro 75.83 2.58 490 12 20 15 6 12 §3 72.61 3 14,500,000 4,000,000 8,725,000 |Fullt 4,000,000 445 District Wood Heating in Fort Yukon Gwitchyaa Zhee Utility Company Utility Biomass 64.17 1.07 1,08 17 415 12 8 7 3 3 64.61 11 3,606,255 2,318,255 990.000 |Fult 2,318,255 476 City Tribe Biomass Energy Conservation City of Tanana Govt Biomass 72.00 1.19 1.19 21 13 14 3 6 2 §64.36 12 492,652 492.642 95,723 [Partial 412,642 18,598,907 6,810,897 9,810,723 6,730,897 Yukon-404 Galena Renewable Energy Project Louden Tribal Council Govt Biomass 64.50 2.63 2.82 18 7 43 3 14 3 3 60.29 23 11,187,738 4,000,000 7,187,738 |Partial 100,000 Koyukuk/Upper 481 Tok Forestry Renewabie Biomass Energy Demonstration Project State of AK DNR Division of Forestry Tok Area Offic _|Govt Biomass 76.50 41.20 1.70 17 10 415 4 8 0 5 57.89 25 77,000 67,000 10,000 |Full 67,000 423 Solar-thermal collection &storage with ground-source heat-pumps Goiden Valley Electric Association Utility Solar 64.33 41.18 2.45 5 13 13 10 6 2 4 52.78 38 401,500 80,000 21,500 |Full 80,000Tanana427GreenhouseFeasibilityandApplicationinRuralAlaskaUniversityofAlaskaFairbanksGovtHeatRecovery528318011534544.20 60 313,280 313.280 Partial 34,070 11,679,518 4,460,280 7,219,238 281,070 465 Melozi-Horner Hot Springs Geothermal Resource Estimate Ruby Tribal Council Govt Geothermal 0.12 219,071 219,071 Not Recomm 479 Alaska Biomass Combined Heat &Power Demonstration Project Alaska Power Company Utility Biomass 2.07 2.23 20,000,000 4,525,605 1§.474,395 |Not Recomm 20,219,071 4,744,676 15,474,395 > 426 Heat Recovery/Power Generation in Rural Alaska University of Alaska Fairbanks Govt Heat Recovery §6.33 24 [9]11 6 2 4 2 49.23 47 551 408 §51,408 Full 551,408 551,408 551,408 bd 551,408 428 Cultivating Rural Alaska for Biomass Energy University of Alaska Fairbanks Govt Biomass 63.33,11 ie]13 4 3 4 3 37.59 68 578.719 578.719 Full 578.719 504 Wave Power Project Evaluation Study TDX Power,Inc.IPP.,Ocean/River 43.00 6 11 9 4 1 0 4 34.73 74 291,360 30,000 {Partial 247,360 Statewide 468 Alaska Wind for Schools Program UAF ACEPWind Diesel Application Center Govt Wind 47.83 0.44 14 it]410 3 1 it]3 30.04 82 293,238 293,238 Full 293,238 871,957 1,163,317 30,000 1,119,317 489 Statewide run-of-river hydropower assessment UAA State Controlled Institute of Higher Leaming Govt Hydro 675,185 675,185 Not Recomm 499 Biomass for Energy:Supply Side Knowledge Base UAF Govt Biomass 212,942 212,942 Not Recomm 888,127 888,127 :: Total (top ranked $25 million)170,184,206 65,358,384 69,730,540 24,123,034 Total Total (2nd ranked $25 miltion)965,321,380 65,663,063 43,574,425 25,615,391 Total remaining recommendations 377,180,233 34,770,163 9,174,130 :16,057,363 |||ALL 5,387,092,331 |220,939,166 172,097,104 65,795,788 Page§of 3