Economy

All Alaska economy and business news, including the Alaska Economic Report.

Outside Forces Present Challenges For Alaska Economy

Outside forces – like the European debt crisis and turmoil in the Middle East – present both challenges and potential for Alaska’s economy.

Geothermal Energy Interest Grows in Alaska

Several Alaska communities are making plans for geothermal generation of electricity. They’re also learning from existing projects – and mistakes.

Naknek Electric, Deep in Debt, Outlines Geothermal Plan

The Naknek Electric Association has released a plan explaining where they’re going with their geothermal project. The member-owned electricity cooperative filed for bankruptcy last year after problems with the more than decade-old geothermal exploration.

Experiment Harnesses Solar Wind

Jacob Resneck, KMXT – Kodiak A NASA experiment sent from the Kodiak Launch Complex and given up for lost has suddenly started functioning, exciting...

Two Interior Communities May Gain River Turbines

Tim Ellis, KUAC – Fairbanks Two communities in the Interior may soon have harness an abundant form of green energy to generate electricity...

Begich Middle School Gains Support for Wind Turbine Project

Earlier this month, Begich Middle School teacher Scott McKim went before the Anchorage School Board to get its support for a school...

Geothermal Energy Project Continues Project in Akutan

Alexandra Gutierrez, KUCB –Unalaska The City of Akutan continues to make progress on its geothermal energy project. For more than a year, the city...

Akutan Seeks Geothermal Energy

Alexandra Gutierrez, KUCB – Unalaska For years, the Aleutian village of Akutan has seen the energy potential in its hot springs and fumaroles. Now,...

Akutan May Gain Geothermal Energy Plant

Anne Hillman, KUCB – Unalaska Only 90 people live in the Aleutian Island community of Akutan. But the village hosts one of the...

Naknek Electric Association Tests Geothermal Project

Adam Kane, KDLG – Dillingham The Naknek Electric Association has started testing on the first well of their Geothermal Electric Generation Project near King...

Wind Turbines Rise Behind Local Business

Len Anderson, KSKA – Anchorage Anchorage scored a green energy first this week when two wind turbines rose behind a plumbing and sheet metal...

Anchorage business trying wind turbines

Susitna Energy systems employees mount the blade onto the turbine for the Partusch plumbing project. Photos by Len Anderson, KSKA - Anchorage Anchorage scored a...

Two Communities Begin Using River Turbine

Tim Ellis, KUAC – Fairbanks A small hydroelectric generator has begun powering two remote communities in eastern Alaska as part of a project to develop...

Current Capital Plan Includes Millions for Kenai Wind Turbines

The capital projects budget that Governor Sean Parnell is reviewing,  includes $7 million to construct wind turbines on the Kenai Peninsula. While it remains...

Fairbanks Man Promoting New Solar Lens

A Fairbanks man has invented a solar focusing lens technology that promises more efficient, lower cost energy collection. Inventor John Pender says the...

Officials Check Out AK Wind Turbines

The lieutenant Governors of Alaska and Vermont travelled to two western Alaska villages this week to see Vermont made wind turbines that are...

Kodiak Dedicates New Wind Turbines

The weather was appropriately windy on Friday in Kodiak when local and state dignitaries gathered for the official dedication of Kodiak Electric Association's...

Giant Solar Hot Water Heater Comes Online

A Denali area education group is benefitting from an alternative energy project. The largest solar hot water heater in the state went...

Mount Spurr Could be Huge Geothermal Energy Source

Over the past few years, people who live along Alaska’s Railbelt have begun to worry about the lifespan of the system that delivers energy...

Geothermal Energy Drawing Interest

A form of geothermal energy that's seldom tapped Alaska is drawing interest in Fairbanks and  some interior contractors are proving that "heat pump" technology...