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Anchorage Daily News:Hydro project revives as energy alternative

July 14th, 2008 · No Comments

From the Anchorage Daily News July 13, 2008

About three dozen proposals stood out as winners last month in a new competition for $5 million in seed money to kick-start alternative energy projects across Alaska.

Nearly all envision medium- to small-scale projects: a wind farm on Kodiak Island (total cost: $24 million), a series of “low-impact hydro” projects in Kenai Peninsula streams ($19 million apiece), a geothermal plant at Manley Hot Springs ($880,000).

Towering over them all, however, was a giant from days gone by: an ambitious hydropower project at Chakachamna Lake, about 85 miles west of Anchorage. Total cost: $1.75 billion.

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