Alaska Industrial Development and Export Authority

Tim Ellis/KUAC

The Interior Gas Utility has scheduled a couple of public meetings for later this month to inform Fairbanks North Star Borough residents about the status of the IGU board’s proposal to buy Pentex Alaska Natural Gas Company as part of the local utility’s efforts to build a natural-gas distribution system for Fairbanks and North Pole.


Tim Ellis/KUAC

Golden Valley Electric Association’s board of directors approved a multimillion-dollar plan Monday to repair the Healy 2 power plant. Two board members voted against the proposal, saying they’ve got concerns about the coal-fired plant design and cost.


Alaska Industrial Development and Export Authority

The fate of the long pursued Interior Energy Project will soon come into better focus. The state funded effort hinges on a natural gas supply from Cook Inlet, and as KUAC’s Dan Bross reports, that’s expected next month.

I.E.P. Tries Again

Sep 16, 2015
Alaska Industrial Development and Export Authority

The Alaska Industrial Development and Export Authority will select a partner for the Interior Energy Project by the end of the year. AIDEA chose finalists earlier this month following a request for proposed plans to supply Fairbanks with natural gas.  An earlier public private partnership yielded a North Slope gas plan that proved to be too expensive. As KUAC’s Dan Bross reports, a review committee will consider the latest proposals and how state financing can be used to leverage a project.

The Alaska Industrial Development and Export Authority has delayed action on the state agency’s proposed purchase of Fairbanks Natural Gas parent company Pentex. The AIDEA Board announced the delay, following an executive session in Anchorage Wednesday, siting technical engineering issues related to the 54 million dollar deal.  As KUAC’s Dan Bross reports the session followed numerous public comments critical of the deal.

Fairbanks, AK - Alaska Governor Bill Walker issued an Administrative Order late last week that directs the Commissioner of Commerce, Community and Economic Development to lead a collaborative statewide effort to improve consumer energy and address energy costs in the Interior.

The Alaska Industrial Development and Export Authority lead Interior Energy Project is still alive. The plan to truck low price, clean burning natural gas to the interior has been paused by rising cost estimates for a North Slope gas processing facility, and the recent departure of corporate partner MWH Alaska, but as KUAC’s Dan Bross reports AIDEA  isn’t giving up on the project.

Fairbanks, AK -  Alaska Industrial Development and Export Authority held a two-day meeting this week in Fairbanks. AIDEA is working on an application to begin the permitting process for an industrial road that would access the Ambler mining district.

The process requires a federal Environmental Impact Statement –that could take years. Mike Catsi is AIDEA’s Business Development and Communications Director. He said the $26.25 million in state funding that has already been spent has gone toward early baseline studies.

Dan Bross / KUAC

The state is a step closer to proving its North Slope to Fairbanks natural gas trucking project can work. The Alaska Industrial Development and Export Authority lead Interior Energy Project is aimed at providing gas at about half the cost of heating oil, and as KUAC’s Dan Bross reports officials say they’re honing in on the target.