Golden Valley Electric Association

Tim Ellis/KUAC

State air-quality regulators told local officials and about 50 members of the public Tuesday that the Fairbanks North Star Borough soon will have to impose a new set of tough measures to dramatically reduce fine particulates and other air pollutants in the Fairbanks area. The new measures will affect just about everyone in the area – not just those who burn wood for heat.

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Golden Valley Electric Association’s chief executive says repair work on the co-op’s problem-plagued Healy 2 powerplant should be completed next month. And if all goes well, President and CEO Cory Borgeson says the coal-fired powerplant will be restarted in May.

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The Regulatory Commission of Alaska has sided with Golden Valley Electric Association in its case against a wind-power developer’s proposal to sell up to 13.5 megawatts of electricity to the co-op.

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Golden Valley Electric Association floated two letters of interest late last year suggesting the co-op was interested in buying the Municipality of Anchorage’s electric utility, Municipal Light and Power, for up to a billion dollars. Municipality officials have instead accepted a purchase offer by Anchorage-based Chugach Electric Association. But Golden Valley’s top executive says GVEA’s offer was mainly motivated over a concern the sale could increase ratepayers’ monthly bills.


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President Trump says he’s ready to move ahead this year on his campaign pledge to pass a trillion-dollar program to improve the nation’s infrastructure. That’s motivated officials with a Glennallen-based economic development organization and the electrical co-op that serves the area to dust off an old plan to build a 300-mile-long high-tension power line that would run from the Mat-Su Valley community of Sutton to Tok and Delta Junction.


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The commercial marijuana industry is increasing demand for electricity in the Interior. Golden Valley Electric Association membership includes 47 licensed marijuana growers, who paid the co-op more than a half-million dollars for power over the past year.


Alaska Environmental Power

Fairbanks wind-power developer Mike Craft took Golden Valley Electric Association to court this week, claiming the utility is violating state and federal law by refusing to buy more electricity generated by a Delta Junction-area wind farm. Craft turned to the courts after four years of fighting with Golden Valley and working with state regulators to adopt federal policies intended to promote greater use of renewable energy.


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.


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Golden Valley Electric Association’s board of directors is considering a management proposal to borrow at least $10 million to repair a problem that caused two explosions at the coal-fired Healy 2 powerplant last year.


KUAC file photo

After three years of declining attendance at Golden Valley Electric Association’s Annual Members’ meetings in Fairbanks, GVEA officials have decided to bring the meeting to the members: Golden Valley will provide a live online stream of tonight’s meeting to community centers in Healy and Delta Junction.


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