Skip to main content
Topics/Economy & Business

Economy & Business

RSS

Alaska News covers state economic issues including cannabis banking, state dividends, and business development opportunities.

TrendingNewTimelineMost Read

Homer Electric members will be able to buy into shared solar starting in February

Homer Electric members can buy into shared solar or wind starting around mid-February. Subscribers will pay a monthly fee nobody has put a number on yet.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readAI
Homer, Alaska
Cover image for article: Homer Electric members will be able to buy into shared solar starting in February

Alaska's main power grid is getting its first mandatory cybersecurity rules, but not for years

Alaska's main power grid is finally getting mandatory cybersecurity rules, but none takes effect until 2027 at the earliest, phasing in slowly through 2029.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readAI
Alaska
Cover image for article: Alaska's main power grid is getting its first mandatory cybersecurity rules, but not for years

Record cold pushed Anchorage's gas demand to an all-time high, just as the supply is running out

Record cold drove Anchorage-area gas demand to a record as Cook Inlet supply shrinks, and the utility projects a 3 billion cubic foot shortfall next winter.

Bill AlaskaNewsby Bill AlaskaNewsadded 1mo ago2 min readAI
Cook Inlet
Cover image for article: Record cold pushed Anchorage's gas demand to an all-time high, just as the supply is running out

Girdwood petitioner seeks stream setback variance for house and bridge

A Girdwood developer seeks permission to build a house and bridge closer to a salmon stream than borough code allows. The Zoning Board hears the case Oct. 8.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readAI
Girdwood, Alaska
Cover image for article: Girdwood petitioner seeks stream setback variance for house and bridge

Three years and three permits later, Ketchikan's airport ferry still has no backup berths

Ketchikan's airport ferry docks at one set of berths with no backup. Three years and three federal permits later, the state hasn't driven a pile.

Maggie AlaskaNewsby Maggie AlaskaNews1mo ago1 min readAI
Ketchikan, Alaska
Cover image for article: Three years and three permits later, Ketchikan's airport ferry still has no backup berths

Golden Valley Electric has rules for community solar and no community solar

Golden Valley Electric now has approved rules for community solar and no community solar. Someone outside the utility has to build it first.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readAI
Fairbanks, Alaska
Cover image for article: Golden Valley Electric has rules for community solar and no community solar

Tatitlek Management Services wins $2.8 million State Department maintenance order

Tatitlek Management Services won a $2.8 million State Department maintenance contract running through August 2027.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readAI
Anchorage, Alaska
Cover image for article: Tatitlek Management Services wins $2.8 million State Department maintenance order

Skagway's ferry terminal is closed indefinitely for work the state planned as a one-week job

Skagway's ferry terminal is closed indefinitely for emergency anchor-chain repairs. A February notice had planned the same work as a one-week closure.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readAI
Skagway, Alaska
Cover image for article: Skagway's ferry terminal is closed indefinitely for work the state planned as a one-week job

Anchorage approves a Muldoon Road marijuana store, over a dispute about how close it sits to a playground

Anchorage approved a Muldoon Road marijuana store 8-3, over objections about how close it sits to a playground and whether a stricter state buffer applies.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readAI
Anchorage
Cover image for article: Anchorage approves a Muldoon Road marijuana store, over a dispute about how close it sits to a playground

Eight Alaska fishery disaster requests are past the deadline federal law sets

Eight Alaska fishing communities are owed federal disaster relief the law says is already overdue, and until the decisions come, no one gets paid.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readAI
Alaska
Cover image for article: Eight Alaska fishery disaster requests are past the deadline federal law sets

Alaska's cruise ship wastewater permit expired in 2019 and is still in force

Twenty-eight cruise ships discharged treated wastewater in Alaska last season under a 2014 permit that expired in 2019. Nine discharges were unauthorized.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readAI
Alaska
Cover image for article: Alaska's cruise ship wastewater permit expired in 2019 and is still in force

Juneau job seekers can meet several employers in one stop this week

Juneau job seekers can meet several employers in one stop Thursday at a state recruiting event, though details are thin — call the job center to confirm.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readAI
Juneau, Alaska
Cover image for article: Juneau job seekers can meet several employers in one stop this week

A remote Alaska island is paying $7.55 a gallon to heat its homes

A remote Alaska island is paying $7.55 a gallon for heat, plus an undisclosed city surcharge. The city blames Middle East conflict for the delivered price.

Alaska Newsby Alaska News1mo ago2 min readAI
St. Paul Island, Alaska
Cover image for article: A remote Alaska island is paying $7.55 a gallon to heat its homes

Anchorage wants to buy three new garbage trucks for about $1.47 million

Anchorage's trash utility wants three new garbage trucks for about $1.47 million, and a bulk-purchasing deal shaved roughly $282,000 off the sticker price.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readAI
Anchorage, Alaska
Cover image for article: Anchorage wants to buy three new garbage trucks for about $1.47 million

Anchorage approves $40,000 to update Merrill Field's airport layout plan

Anchorage approved $40,000, almost all of it federal, to update Merrill Field's airport layout plan after new flight procedures changed what it must show.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readAI
Anchorage, Alaska
Cover image for article: Anchorage approves $40,000 to update Merrill Field's airport layout plan

A Sitka Street railroad crossing rebuild will cost Anchorage $91,000 more than agreed

Anchorage's Sitka Street railroad crossing rebuild will cost about $91,000 more than agreed after high bids — a tab that falls on nearby property owners.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readAI
Anchorage, Alaska
Cover image for article: A Sitka Street railroad crossing rebuild will cost Anchorage $91,000 more than agreed

A Hillside road area may spend far more than planned after erosion damage

A small Hillside neighborhood that maintains its own roads may spend nearly $99,000 this year — up from about $21,000 — after ice and spring runoff caused heavy road erosion.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readAI
Anchorage
Cover image for article: A Hillside road area may spend far more than planned after erosion damage

The town of Whittier has had no gas for weeks, and it's only manageable because it's summer

The whole town of Whittier has had no natural gas since Aug. 16 and won't get it back until Sept. 5, and it's manageable mainly because it's still warm out.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readAI
Turnagain Arm, Alaska
Cover image for article: The town of Whittier has had no gas for weeks, and it's only manageable because it's summer

Anchorage firm has held FBI maintenance contract without competition since 2022

An Anchorage company owned by an Alaska Native corporation has kept the FBI's Washington Field Office running since 2022. This month: drains and roof hatches.

Melinda Communities.Newsby Melinda Communities.News1mo ago1 min readAI
Anchorage, Alaska
Cover image for article: Anchorage firm has held FBI maintenance contract without competition since 2022

A Juneau company turning idle fishing boats into tidal power just cracked a deep-fjord problem

A Juneau company turning idle fishing boats into tidal-power platforms won a patent for stopping the cable-twisting that hobbles deep-fjord generators.

Melinda Communities.Newsby Melinda Communities.News1mo ago2 min readAI
Juneau, Alaska56% read
Cover image for article: A Juneau company turning idle fishing boats into tidal power just cracked a deep-fjord problem

A cable across the Koyukuk, a camp for a mining crew, and no named mine

A Wasilla man wants to hang a 25,000-pound cable across the Koyukuk and camp a mining crew beside it. The state's form never asks which mine.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readAI
Middle Fork of the Koyukuk River, Alaska
Cover image for article: A cable across the Koyukuk, a camp for a mining crew, and no named mine

Anchorage Planning and Zoning bumped its entire August docket to September

Every land-use case on the Planning and Zoning Commission's August docket got bumped to September, a month's delay for anyone waiting on a rezoning or permit.

Alaska Newsby Alaska News1mo ago1 min readAI
Cover image for article: Anchorage Planning and Zoning bumped its entire August docket to September

A routine Anchorage roads vote this week would also fund cameras at 82 more intersections

A routine Anchorage roads-money vote this week also quietly funds 82 more intersection cameras, in the middle of a public fight over police surveillance.

Walter AlaskaNewsby Walter AlaskaNews1mo ago4 min readAI
Anchorage
Cover image for article: A routine Anchorage roads vote this week would also fund cameras at 82 more intersections

Anchorage is weighing a trade of land it just bought for $2.35 million for four downtown parking lots

Anchorage is weighing a trade of land it just bought for $2.35 million for four downtown parking lots, over a state objection and around competitive bidding.

Walter AlaskaNewsby Walter AlaskaNews1mo ago3 min readAI
Anchorage
Cover image for article: Anchorage is weighing a trade of land it just bought for $2.35 million for four downtown parking lots

ENSTAR seeks a Southcentral gas rate hike as two landlords move to dismiss the case

ENSTAR wants to raise Southcentral gas bills by about $9 a month, and two landlords are moving to get the rate case thrown out before its September hearing.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readAI
Anchorage, Alaska
Cover image for article: ENSTAR seeks a Southcentral gas rate hike as two landlords move to dismiss the case

An Anchorage firm runs facilities services for North Dakota's federal buildings

A company owned by Kodiak's Koniag corporation keeps federal buildings running across North Dakota, with the revenue flowing home to Alutiiq shareholders.

Melinda Communities.Newsby Melinda Communities.News1mo ago2 min readAI
Anchorage, Alaska
Cover image for article: An Anchorage firm runs facilities services for North Dakota's federal buildings

Alaska's largest fisheries lab swaps ozone for ultraviolet to treat its water

Alaska's largest fisheries research lab is swapping ozone for ultraviolet light to disinfect its water. A Juneau plumbing firm won the $155,653 job.

Melinda Communities.Newsby Melinda Communities.News1mo ago1 min readAI
Juneau, Alaska
Cover image for article: Alaska's largest fisheries lab swaps ozone for ultraviolet to treat its water

Juneau tourism task force takes final public testimony Oct. 15

Juneau's tourism task force set a second testimony session for Oct. 15, pushed back so residents can read the draft recommendations before speaking.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readAI
Juneau, Alaska
Cover image for article: Juneau tourism task force takes final public testimony Oct. 15

Alaska regulators may open the grid to far more home and community solar

Alaska regulators may raise the rooftop and community solar limit from 1.5% to 20% of a utility's demand, opening the grid to far more customer-owned power.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readAI
Anchorage, Alaska
Cover image for article: Alaska regulators may open the grid to far more home and community solar

Northrim to buy Oregon bank, its first branches outside Alaska

Anchorage's Northrim Bank is expanding outside Alaska for the first time, buying an Oregon bank for about $167 million and 11 new branches.

Walter AlaskaNewsby Walter AlaskaNewsadded 1mo ago2 min readAI
Alaska
Cover image for article: Northrim to buy Oregon bank, its first branches outside Alaska

The bridge meant to reopen half of Denali is running behind, new permits suggest

The bridge meant to reopen half of Denali is running behind: its federal finish date has passed, but new permits seek staging space through 2028.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readAI
Denali National Park, Alaska
Cover image for article: The bridge meant to reopen half of Denali is running behind, new permits suggest

A company wants to rework historic Interior goldfields, mining two creeks for a decade

A company wants to mine gold for a decade from two creeks in Alaska's historic Ruby goldfields, first struck in 1911, disturbing about 35 acres of streambed.

Maggie AlaskaNewsby Maggie AlaskaNewsadded 1mo ago2 min readAI
Manley Hot Springs, Alaska
Cover image for article: A company wants to rework historic Interior goldfields, mining two creeks for a decade

Kodiak fights landfill bears with a second fence and a look at composting

Bears keep breaking into Kodiak's landfill, so the borough is fighting back two ways: a fence to keep them out and composting to cut the waste that draws them.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readAI
Kodiak Island, Alaska
Cover image for article: Kodiak fights landfill bears with a second fence and a look at composting

Juneau weighs $5.5 million more for flood recovery on a river that floods every year

Juneau is putting another $5.5 million toward flood recovery. The city still calls the Mendenhall barriers temporary and hasn't said who pays long term.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readAI
Juneau, Alaska
Cover image for article: Juneau weighs $5.5 million more for flood recovery on a river that floods every year

More Mat-Su families are paying at the door to keep their power on, as their co-op runs ahead of budget

More Mat-Su families are paying at the door to keep their power on — nearly $472,000 this year — even as their co-op runs $4.9 million ahead of budget.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readAI
Mat-Su Valley, Alaska
Cover image for article: More Mat-Su families are paying at the door to keep their power on, as their co-op runs ahead of budget

Judge vacates Izembek land exchange for King Cove road

A federal judge vacated the land exchange behind the King Cove road through the Izembek refuge, reopening one of Alaska's longest fights on primary day.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readAI
King Cove, Alaska
Cover image for article: Judge vacates Izembek land exchange for King Cove road

DOT says cameras don't read plates; vendor policy allows video storage

Alaska says new cameras in Palmer, Wasilla and Anchorage count people and cars, not plates — but the vendor's policy sets no limit on storing video.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readAI
Alaska
Cover image for article: DOT says cameras don't read plates; vendor policy allows video storage

Alaska's trail grants reopen, with up to $100,000 on the table

Alaska's multi-use trail grants reopen Wednesday — up to $100,000 at a 90% federal match, open to trail groups, tribes and local governments through Oct. 30.

Alaska Newsby Alaska News1mo ago2 min readAI
Alaska
Cover image for article: Alaska's trail grants reopen, with up to $100,000 on the table

The state wants to give away land near Houston for housing, one piece of a statewide push

The state wants to give away 42 acres near Houston, free, for housing — one of several no-cost transfers to the Housing Finance Corporation across Alaska.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readAI
Houston, Alaska
Cover image for article: The state wants to give away land near Houston for housing, one piece of a statewide push

Railbelt ratepayers will repay up to $100M for a Bradley Lake expansion built around federal tax credits

Railbelt electric customers will repay up to $100M to expand the Bradley Lake hydro plant, its dam sized to chase up to $200M in federal tax credits.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readAI
Anchorage, Alaska
Cover image for article: Railbelt ratepayers will repay up to $100M for a Bradley Lake expansion built around federal tax credits