Economy

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

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...

Fairbanks Diocese may lease geothermal lands in western Alaska

The Fairbanks Catholic Diocese wants to sell or lease land with geothermal potential on the Seward Peninsula. The Diocese plans to put out a...

University of Alaska report explores complex Alaska economy

The University of Alaska's Institute of Social and Economic Research (ISER) has just concluded a comprehensive study that looks beyond the usual factors that...

Federal lands opening to major geothermal power program

The Interior Department has finalized a plan to make 190 million acres of federal land available for geothermal energy projects, including lands in Alaska....

Conflict over tapping geothermal power at Makushin volcano

The City of Unalaska and the owners of the geothermal fluid near Makushin volcano have different ideas on the best way to push the...

Interior Department unveils geothermal energy initiative

An interior department initiative hopes to pave the way for geothermal energy development across the western United States.  The plan announced this week by...

Delta Junction fires up first wind turbine

A large wind turbine has gone online in Delta Junction. The turbine is the first of several planned for a wind farm being...

Solar car zips through Alaska

The vehicle, built and driven by Marcelo da Luz (LOOZ) of Toronto is headed south after stopping in Fairbanks last week. The journey journey...

Fairbanks researcher looks to solar energy

There isn’t much sun in Fairbanks this time of year, but researchers say solar panels are still a viable energy source for Alaska. Dan Bross,...