HomeMy WebLinkAboutAlaska Energy Authority Programs Presentation for Upper Kuskokwim 02-07-2020-AREDUCING THE COST OF ENERGY IN ALASKA
Alaska Energy Authority
Taylor Asher
Project Manager
Alaska Energy Authority
Middle Kuskokwim Climate
Adaptation Planning
February 7, 2020
Who We Are
The Alaska Energy Authority’s (AEA)
mission is to “reduce the cost of energy in
Alaska.” AEA is the state's energy office and
lead agency for statewide energy policy
and program development.
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What We Do
Energy Planning –In collaboration with
local and regional partners, AEA provides
critical economic and engineering analysis
to plan the development of cost effective
energy infrastructure.
Grants and Loans –AEA provides loans to
local utilities, local governments, and
independent power producers for the
construction or upgrade of power
generation and other energy facilities.
Railbelt Energy –AEA owns the Bradley
Lake Hydroelectric Project and the Alaska
Intertie. These assets benefit Railbelt
consumers by reducing the cost of power.
Renewable Energy –AEA provides
renewable energy and energy efficiency
grants, analysis, and expertise to benefit
Alaskans. These include hydro, biomass,
wind, solar, and others.
Power Cost Equalization –The Power Cost
Equalization Program reduces the cost of
electricity in rural Alaska for residential
customers and community facilities.
Rural Energy –AEA constructs bulk fuel
tank farms, diesel powerhouses, and
electrical distribution grids in rural villages.
AEA supports the operation of these
facilities through circuit rider and emergency
response programs.
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Bulk Fuel Upgrades
Rural Power System Upgrades
Power Cost Equalization
Renewable Energy Fund Grants
Power Project Fund Loans
Alternative Energy
Energy Efficiency
Energy Project Development
Programs and Projects
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Renewable Energy Fund
$268 million invested in the Renewable
Energy Fund (REF) by the State
RFA to open in March with $7-8 million in
funding (could change depending on
legislative session)
90 operational projects, 30 in
development
Displacing ~30 million diesel equivalent
gallons annually
~$74 million in fuel savings in 2017
Biomass or BioFuels
Heat Pump
Heat Recovery
Hydro
Ocean/River
Solar
Transmission
Wind
Other
295 REF Applications Funded 2008-2019
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Current Opportunities at AEA
Biomass
AEA’s biomass program
supports free prefeasibility
studies. Since 2005, AEA and
the Alaska Wood Energy
Development Task Group
have completed 170 studies.
Energy Efficiency
AEA partnered with Wells
Fargo to provide 47
communities with funding
for outdoor lighting
retrofits to help long-term
fixed energy costs.
Power Project Fund
AEA offers low interest
loans to help promote
economic, sustainable
power projects throughout
the state.
VW Settlement
AEA is the lead entity for
distributing the settlement
funds. $250,000 is set aside
for Electric Vehicle
infrastructure outside the
Railbelt.
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AEA provides energy solutions
to meet the unique needs and
opportunities of Alaska’s rural
and urban communities.
REDUCING THE COST OF ENERGY IN ALASKA
SAFE,
RELIABLE, &
AFFORDABLE
ENERGY
SOLUTIONS
ALASKA ENERGY AUTHORITY
813 West Northern Lights Blvd.
Anchorage, Alaska 99503
Phone: (907) 771-3000
Fax: (907) 771-3044
Toll Free (888) 300-8534
akenergyauthority.org
For more information, please contact AEA Project Manager Taylor Asher
REDUCING THE COST OF ENERGY IN ALASKA