Economy & Business
RSSEconomy & Business in Alaska is the mix of government decisions, contracts, grants and private projects that shape the state's economy. It covers municipal budgets, infrastructure and airport planning, federal grants and contracts, employment trends, and energy development across Alaska.
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Monday, Jun 15
DNR, Mental Health Trust finalize MEA easements for Wasilla utility corridor
DNR and the Alaska Mental Health Trust approved easements letting Matanuska Electric Association build and maintain power lines along Church Road and Shampine Lane in Wasilla.
by Walter AlaskaNewsadded 5mo ago2 min read
Murkowski: War-price fuel barges lock rural Alaska into costly winter
Rural Alaska villages are paying $9 to $14 a gallon for fuel locked in at peak war prices and cannot wait for global prices to fall, Senator Murkowski warned
by Walter AlaskaNewsadded 5mo ago2 min read
Parks Highway blasting, 24-hour pilot cars through Nenana Canyon
Alaska Department of Transportation is blasting rock cuts and running 24-hour pilot cars on Parks Highway between Nenana Canyon mileposts 319 and 325, creating extended delays on the main Anchorage-Fairbanks route.
by Maggie AlaskaNews5mo ago1 min read
Eielson AFB PFAS plume is spreading, Air Force warns data center bidders
Air Force is leasing 8,700 acres at three Alaska bases for AI data centers, with bids due June 29. • Eielson AFB parcels sit in or near a moving PFAS contamination plume with no completed environmental surveys. • Developers bear the risk and cost; leases are as-is with no Air Force warranties or utilities provided. • Local permits required from North Pole, Fairbanks North Star Borough, and state energy authority.
by Melinda Communities.Newsadded 5mo ago2 min read
Alaska Native tribes have month to apply for federal energy grants
Alaska Native tribes have until July 16 to apply for federal energy grants of up to $450,000 to build the legal and business structures needed to develop their own power systems and reduce reliance on expensive diesel fuel.
by Maggie AlaskaNewsadded 5mo ago2 min read
CVEA files to renew Solomon Gulch hydro license before 2028 expiration
Copper Valley Electric Association filed to renew its Solomon Gulch hydroelectric license before it expires May 31, 2028, submitting required paperwork to federal regulators on June 12.
by Alaska Newsadded 5mo ago2 min read
Sunday, Jun 14
Anchorage Assembly to vote on burying power lines through two East Side parks
Anchorage Assembly will vote on giving Chugach Electric permanent easements through Russian Jack Springs Park and Ira Walker Park to bury power lines underground, improving storm resilience.
by Walter AlaskaNews5mo ago2 min readFrom 
Mental Health Trust to log 1,438 acres near Hollis on Prince of Wales Island
Alaska Mental Health Trust approved logging 1,438 acres near Hollis on Prince of Wales Island to harvest 20 million board feet of old-growth forest and fund mental health services.
by Maggie AlaskaNewsadded 5mo ago2 min read
More from Economy & Business
AHFC board to vote June 24 on affordable housing award criteria
Alaska Housing Finance Corporation board votes June 24 on criteria for distributing tax credits and financing for affordable housing across the state.
by Alaska Newsadded 5mo ago1 min read
Alaska regulators say gas-line oversight hinges on federal decision
Federal regulators claim exclusive authority over Alaska's proposed North Slope gas pipeline, blocking state oversight of ratepayer costs. • The project's split into in-state and export phases may give Alaska regulators a limited role if federal jurisdiction is revisited. • Lead developer Glenfarne is targeting a final investment decision this year and first gas by 2029.
by Walter AlaskaNewsadded 5mo ago2 min read
Cook Inlet gas production falls to 61 Bcf in 2025
Cook Inlet gas production fell to 61 billion cubic feet in 2025, matching annual regional demand with no winter cushion. • Daily output of 200 million cubic feet falls short of peak winter demand of 320 million cubic feet per day. • Hilcorp has drilled 192 wells since 2012 and spent $1.5 billion just to hold production steady as individual wells decline 30 to 40 percent annually. • Utilities are developing LNG import terminals to fill the gap, targeting first imports in 2027 to 2029.
by Walter AlaskaNews5mo ago2 min readFrom 
Saturday, Jun 13
MEA seeks RCA approval to pass gas storage costs to ratepayers
MEA seeks approval to add natural gas storage costs to monthly electric bills through an automatic adjustment rider, passing Hilcorp storage fees directly to ratepayers as the utility secures more gas for Southcentral Alaska.
by Walter AlaskaNews5mo ago2 min read
Senate committee advances hydropower bill backed by Murkowski
Senate committee passed a bill backed by Senator Murkowski that eliminates federal approval requirements for routine hydropower maintenance in Alaska and speeds up permitting for small wave, tidal, and river-current energy projects.
by Walter AlaskaNewsadded 5mo ago1 min read
Anchorage Platting Board to consider removing 1954 plat notes for ADU
Anchorage Platting Board will consider removing 1954 subdivision restrictions on an East 43rd Avenue lot to allow an accessory dwelling unit over an existing garage, with planning staff recommending approval.
by Walter AlaskaNews5mo ago3 min readFrom 
GVEA updates rules for connecting generators 20 MW and larger
Golden Valley Electric Association filed rules for connecting large power plants to the Interior grid as the Fairbanks region lost access to cheaper outside power and now depends entirely on local generation.
by Walter AlaskaNews5mo ago2 min read
Hilcorp seeks state lease for 1,330-acre gas storage field in Kenai
Hilcorp filed Friday for a state lease to store natural gas in 1,330 acres of subsurface rock beneath Kenai, with public comments due July 7.
by Walter AlaskaNewsadded 5mo ago1 min read
About Economy & Business
Economy and business in Alaska is the mix of government decisions, contracts, grants and private projects that shape the state's economy. It is the broad subject that holds narrower topics such as business, energy, oil and gas, mining, aviation and tourism.
Much of it runs through public bodies, with municipal assemblies approving contracts and planning decisions, state agencies leasing land and selling gravel and rock, and AIDEA lending to industry. Recurring questions concern infrastructure such as harbors, airports, roads and water and sewer lines, along with housing and zoning rules, energy supply, labor contracts, federal grants and military construction.
Its decisions reach every part of the state, from Anchorage and the Mat-Su to Kodiak, Cordova, Haines and the North Slope. Federal and military spending, resource development and Alaska Native corporation ventures all feed into the economy.
More from Economy & Business
Friday, Jun 12
Alaska Building Trades, LNG subsidiary sign worker hiring pact
8 Star Alaska, a Glenfarre LNG subsidiary, signed a hiring agreement with Alaska Building Trades Councils on June 11 to prioritize Alaska workers for the 800-mile pipeline and LNG terminal. • The Alaska Legislature is considering House Bill 381 to cut project taxes and cap gas prices at $16 per unit for state utilities.
by Maggie AlaskaNews5mo ago1 min read
Alaska House passes new tax structure for Alaska LNG pipeline aimed at attracting investors
The Alaska House just passed the latest tax framework meant to finally install the LNG pipeline. Next, the Senate. Maybe. Pipeline still pending.
by Walter AlaskaNews5mo ago3 min read
Anchorage zoning board to review variance criteria changes
Anchorage's zoning board will review Thursday a draft ordinance that would change how the city evaluates requests for relief from setback and other dimensional zoning rules, with a recommendation to follow to the Planning and Zoning Commission.
by Walter AlaskaNews5mo ago1 min readFrom 
Fairbanks Planning to take up metro boundary expansion June 17
FAST Planning board votes June 17 on expanding metro planning boundary to include Farmer's Loop, Chena Ridge, Chena Pump, Moose Creek, and Eielson Air Force Base.
by Alaska Newsadded 5mo ago1 min read
Juneau aggregate firm settles EPA stormwater violations for $12,797
EPA settled stormwater violations with Juneau aggregate firm Colaska Inc. for $12,797 over missing inspection reports and documentation at its AggPro site that discharges into Lemon Creek.
by Walter AlaskaNews5mo ago1 min read
Anchorage zoning board postpones variance threshold changes
Anchorage zoning board postponed a proposal to raise the setback encroachment threshold from 5 percent to 10 percent, which would let single-family homeowners avoid a $710 public hearing fee.
by Walter AlaskaNews5mo ago1 min read
Palmer subdivision easement vacation draws access concerns
Alaska's Department of Natural Resources approved vacating two public easements on a Palmer subdivision lot, ending physical trail access despite objections from two neighbors who said the easement provided important passage.
by Alaska News5mo ago1 min read
DNR opens public comment on Homer parcel sale to University of Alaska
Alaska DNR is moving to sell a 20-acre Homer parcel to the University of Alaska without competitive bidding, bypassing local control. Comments are due to DNR by July 14 at 3 p.m., and only written comments preserve appeal rights.
by Alaska News5mo ago1 min read
Thursday, Jun 11
Kenai airport eyes automated fee system amid pilot privacy backlash
Kenai Airport is moving toward an automated landing fee system using aircraft tracking data, but a federal bill co-sponsored by Senator Dan Sullivan would ban that exact use, forcing the airport to choose a different technology if the law passes.
by Walter AlaskaNews5mo ago2 min read
Kenai airport cafe closes; city seeks new operator by June 25
Debbie's Bistro closed at Kenai Municipal Airport after gross receipts fell to $68,000 in a year, compared to $400,000 to $500,000 when prior restaurants operated there. The city seeks a new operator with bids due June 25.
by Walter AlaskaNews5mo ago1 min read
Petersburg to receive Papke's Landing dock, tidelands from state
Petersburg Borough will take ownership of Papke's Landing, a deteriorating state dock and 8.8 acres of tidelands on Wrangell Narrows, but will need to hire staff and buy equipment to maintain the busy public boat launch.
by Alaska News5mo ago1 min read
SBA 8(a) proposal leaves Native corporation carveout intact
Big changes to 8(a). But not in the ways that matter in Alaska.
by Walter AlaskaNews5mo ago3 min read
MEA wins easement on Mental Health Trust land in Wasilla
Matanuska Electric Association won an easement on Mental Health Trust land in Wasilla to install electric utility infrastructure
by Walter AlaskaNews5mo ago2 min read
Anchorage police to train 10 officers in mental-health crisis response
Anchorage police will train up to ten officers and dispatchers in mental health crisis response this fall using a $50,000 state grant and $1,100 in city matching funds.
by Walter AlaskaNews5mo ago1 min readFrom 
Anchorage appropriates $2.5M in federal transit grants for bus fleet
Anchorage Assembly approved $6.6 million in federal and local funding on June 9 to replace aging buses, expand paratransit service, and maintain the People Mover fleet.
by Walter AlaskaNews5mo ago1 min readFrom 
Eklutna subdivision wins road-deferral variance
Anchorage Platting Board approved road-deferral variances for Eklutna LLC to subdivide three tracts into two lots, including one for the future Eklutna Gathering Center, with conditions on paving standards and a 24-month deadline to record the plat.
by Alaska News5mo ago1 min readFrom 
Two firms seek competing gas-storage leases at Kenai Loop field
Hilcorp and ENSTAR filed competing applications to convert the depleted Kenai Loop gas field into storage, forcing the state to choose between them as Cook Inlet's gas production falls 60 percent short of winter demand for Southcentral Alaska.
by Bill AlaskaNewsadded 5mo ago2 min read
AHFC board to set affordable housing award criteria June 24
Alaska Housing Finance Corporation's board votes June 24 on the rating system that determines which affordable housing projects get state funding, a decision that shifts which communities and project types win tax credits and grants.
by Alaska Newsadded 5mo ago2 min read
Chugach proposes fees for community solar hookups
Chugach Electric proposes charging members $1,124 to $2,248 to join community solar projects, plus $2.80 monthly fees, pending Regulatory Commission approval by June 17.
by Walter AlaskaNews5mo ago1 min read
Talkeetna Airport bicycle shop seeks five-year lease extension
Hailey DeReamer is seeking a five-year lease extension for her bicycle shop at Talkeetna State Airport, paying about $250 a month for the 17,217-square-foot parcel that serves climbers and flightseeing tourists.
by Alaska News5mo ago2 min read
FAA adds navigation aids to Chefornak Airport under 18-year lease
The FAA is installing weather and navigation systems at Chefornak Airport in the Yukon-Kuskokwim Delta under an 18-year lease extension through 2044 at no cost to the state.
by Alaska News5mo ago2 min read
Wednesday, Jun 10
Kenai seeks federal grants for sidewalks, fish passage culverts
Kenai submitted a federal grant application for sidewalk and street lighting improvements on Lawton and Tinker, and is preparing a second application to remove fish passage barriers in local creeks by end of June.
by Alaska News5mo ago1 min read
Kenai council passes camping ordinance limiting tent numbers
Three tents is enough. / A campground, it shall be called. / Freeloaders, beware!
by Alaska News5mo ago1 min read
Kodiak planners advance Karluk water system overhaul
Kodiak Island Borough planners advanced a conditional use permit to replace Karluk's entire water treatment system, which would provide year-round potable water to the Alaska Native village.
by Alaska News5mo ago1 min read
