State public corporation that develops Alaska's electricity infrastructure, renewable energy projects, and rural bulk fuel programs. Operates the Bradley Lake hydroelectric facility.
813 W Northern Lights Blvd, Anchorage, AK 99503, USA
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John Sims
“So as has been publicly noticed, we are in the middle of an arbitration with HEX to try and get the gas that we expected from them.”Alaska Legislature: Special Coverage - August 20, 2026 2:00pm · Aug 20, 2026

John Sims
“Information that we have since received from them is that they do not plan on starting their exploration or their production.”Alaska Legislature: Special Coverage - August 20, 2026 2:00pm · Aug 20, 2026

John Sims
“Chugach Electric offered up the opportunity for us to do a similar exchange with them, uh, for about 1 BCF of gas.”Alaska Legislature: Special Coverage - August 20, 2026 2:00pm · Aug 20, 2026

John Sims
“We have restarted conversations with Chugach again, and we are waiting back to hear their proposal on what they can do in this different timeframe.”Alaska Legislature: Special Coverage - August 20, 2026 2:00pm · Aug 20, 2026

John Sims
“we had a certain expectation of gas deliveries from the Cook Inlet at the beginning of the year. One of those— I guess one of those groupings of volumes was from Bluecrest.”Alaska Legislature: Special Coverage - August 20, 2026 2:00pm · Aug 20, 2026

John Sims
“We have not received any discretionary gas sales from HEX since July 26th. We are receiving 8 million a day from them, 8.1 million a day, which is their firm volumes. We were expecting more than that per what we viewed as our contract rights.”Alaska Legislature: Special Coverage - August 20, 2026 2:00pm · Aug 20, 2026
Regulators fix math errors in AVEC power subsidy, raising credits in most villages
Regulatory Commission of Alaska corrects AVEC Power Cost Equalization credits after formula errors; credits rise in 44 village systems, fall in Ambler and Noatak.

Alaska household electricity prices rose 5.6 percent from a year earlier in July, federal data show
Alaska electricity prices July 2026: residential rates averaged 28.83 cents per kilowatt-hour, up 5.6 percent from a year earlier, EIA data show. Industrial prices up 28 percent.

Three Homer Electric generators failed at once, and hydro covered the gap
Three Homer Electric generating units went down simultaneously in August, and the cooperative bought extra Bradley Lake hydropower to keep the lights on.

Alaska's transmission tariff would grandfather 11 existing agreements
Alaska's regional transmission organization filed a tariff that would grandfather 11 existing agreements, including Bradley Lake and the Northern Intertie.

Alaska electricity prices eased in June, but not for households
New EIA figures show Alaska retail electricity prices ranged from 21.02 to 28.21 cents per kilowatt-hour in June, down from a May range of 23.71 to 31.36 cents. Sales also slipped as summer arrived.

Comments on the $400 million Bradley Lake expansion close Friday
Governor Mike Dunleavy's Alaska Hydropower Day proclamation, dated Monday, says the state is expanding the Bradley Lake Project through the Alaska Energy Authority. Federal comments on the $400 million expansion close Friday at 5 p.m. Eastern.

Manley Hot Springs surcharge would nearly triple under a filing before regulators
TDX Manley Generating asked the Regulatory Commission of Alaska to raise its cost of power surcharge from $0.2961 to $0.8157 per kWh on Sept. 1. The Power Cost Equalization credit stays capped at $0.7424, so the increase lands on ratepayers.

A $400 million expansion of Bradley Lake hydro would power about 30,000 homes and cut Southcentral's gas use
The Alaska Energy Authority told the House and Senate Resources committees on Thursday that the $400 million Bradley Lake expansion would add enough power for about 30,000 homes and offset 1.5 billion cubic feet of natural gas a year. Federal comments close Aug. 28.

A $413 million cable would give Kenai and Anchorage a second power link
The Alaska Energy Authority told lawmakers a $413 million subsea power cable across Cook Inlet could be finished by 2032, with half the funding not yet raised.

Railbelt ratepayers will repay up to $100M for a Bradley Lake expansion built around federal tax credits
Railbelt ratepayers will repay up to $100 million to expand the Bradley Lake hydro plant by about 38%, a project built around up to $200 million in uncertain tax credits.

Bradley Lake expansion has carried three price tags in four months as the comment window closes
Federal regulators take comment on the Bradley Lake expansion until 5 p.m. Eastern Aug. 28. The state has priced it at $435.9 million, $420 million and $400 million in four months, and the record does not show whether the utility committee adopted the financing resolution July 24.

As Cook Inlet gas runs short, Alaska moves to squeeze 38% more power from an existing dam
The Alaska Energy Authority is seeking to boost Bradley Lake hydro output about 38% by raising the reservoir and diverting glacier meltwater, as Cook Inlet gas shortfalls loom by 2027.

Alaska's diesel-to-renewables fund reopens, but the money reaches few
The Alaska Energy Authority opened its Round 19 Renewable Energy Fund grant cycle Sunday, with applications due by 4 p.m. on September 11. Rural and Alaska Native communities paying high diesel costs are the most likely applicants.

The Air Force wants to put AI data centers on Alaska military land — and the three sites tell three very different stories
The Air Force is soliciting private developers to propose commercial AI data centers on military land at three Alaska installations, with proposals due June 29 and developers responsible for solving power, water and environmental challenges.

RTO tariff subcommittee meets Thursday on transmission costs
The Railbelt Transmission Organization's Tariff Subcommittee meets Thursday to draft rules for how backbone transmission costs get divided among utilities. The tariff will affect electric rates from Fairbanks to Homer.

RTO schedules closed subcommittee meetings for June 10–11
Three Railbelt Transmission Organization subcommittees will meet behind closed doors June 10 and 11 to advise on technical standards, tariffs, and financing. RTO bylaws exempt subcommittee meetings from open-meeting rules.

Alaska Energy Authority lifts ban on consecutive chair terms
The Alaska Energy Authority board voted Friday to allow its chair and vice chair to serve up to two consecutive two-year terms, removing a previous prohibition on back-to-back terms.

Nenana pioneers Alaska's first biochar boiler for municipal heating
Nenana has installed Alaska's first biochar-producing biomass boiler that burns green wood and certain waste materials at 2,000 degrees, offering a potential model for rural communities seeking alternatives to diesel heating while addressing waste management challenges.

Alaska hydropower projects to receive millions in federal funding
Four Alaska hydropower projects are set to receive federal funding as part of a $430 million nationwide upgrade program, with new tax credits making hydropower construction 30-50% cheaper through 2033.

Interior Secretary urges Alaska to build LNG project quickly amid Asian demand
Interior Secretary Doug Burgum told an Alaska energy conference that overwhelming Asian demand for natural gas makes the Alaska LNG project strategically critical, urging the state to move quickly on the $50 billion pipeline and export terminal.

Former Senator Kyrsten Sinema Identifies Alaska as Prime AI Data Center Location

Alaska LNG Project Targets 2029 Gas Delivery as Developer Reports Major Contract Awards
Glenfarne's lead developer announced Alaska LNG is advancing toward final investment decision with 13 million tonnes of reservations signed and construction contracts let, positioning the project to deliver gas in 2029.

Federal Officials Push Permitting Reform to Unlock Alaska's Critical Minerals

Alaska Sustainable Energy Corporation reports progress on green financing
The Alaska Sustainable Energy Corporation updated the House Energy Committee on its development as a financing intermediary for sustainable energy projects, including a $4.7 million federal loan program for residential energy efficiency.

Rural Alaska Electricity Costs Run Three to Five Times Urban Rates
Rural Alaska residents pay electricity costs three to five times higher than urban areas due to diesel-powered microgrids and fuel delivery challenges in remote villages.
