The Alaska Industrial Development and Export Authority did not identify specific projects or a timeline for spending.
Energy & Mining
This oil platform stopped pumping 30 years ago. Alaska still won’t make the owner tear it down.
Owners can put off the costly process of tearing down the platforms using a strategy one critic calls “delay, deny and diddle around.” And in Alaska, the state has let them do it — for decades.
Alaska Rep. Peltola stuns home region by defending Donlin gold mine, a project she once opposed
Peltola has joined Alaska’s U.S senators on a legal brief in support of the proposed Donlin Creek Mine in Peltola’s home region of the Kuskokwim Delta.
Biden administration blocks Ambler Road, strengthens protections for NPR-A
The Biden administration said the road, also known as the Ambler Access Project, would cause irreparable damage to wildlife including caribou, which many local people rely on for food.
Army Corps of Engineers affirms denial of permit for Pebble Mine
The decision issued Monday is the latest in a long string of legal and administrative rulings against the project.
Railbelt electric utilities are facing a major energy crunch. Renewables may be the answer.
Currently, about 15% of Railbelt electricity comes from renewable sources — mostly hydro power.
Lots of ideas, but not much time, to address Cook Inlet gas crunch
Utilities say they have months, not years, to settle on a plan.
Kensington Gold Mine reports 105,000 gallon tailings spill earlier this winter
A leak in a pipeline transporting mine waste temporarily contaminated Johnson Creek in late January.
Experts bump Alaska oil price estimates slightly, boosting Permanent Fund dividend and budget
Oil is the state’s No. 2 source of general-purpose revenue, behind an annual transfer from the Alaska Permanent Fund.
Federal agency says Alaska’s coastline has potential for more renewable energy, carbon storage projects
Last week, the Bureau of Ocean Energy Management Regional Director Givey Kochanowski and Public Affairs Officer John Callahan met with dozens of lawmakers in Juneau.