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Some state officials have pinned their hopes on new oil revenue as a solution to the state’s ongoing budget woes.
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Oil and gas industry employment in Alaska has been slowly rebounding since the COVID-19 pandemic emergency, but that could change.
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Alaska's congressman and governor say Congress and the Trump administration have created the right conditions to get federal permits and invest in drilling and mining.
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The Interior Department plans six lease sales, but industry interest has been mild in the gasfields Southcentral Alaska relies on for heat and power generation.
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Natural gas was flared over a six-month period at the Badami field, constituting what regulators determined was a waste of a state resource.
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Anchorage utility executives say that a mild winter translated into lower electricity sales — and a hole in their budget.
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The value of the system matters because it helps determine the amount of property taxes the pipeline's owners must pay to the state and municipalities it crosses.
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In states without policies to drive renewable energy, power prices could surge as federal tax incentives for clean energy disappear, according to Energy Innovation, a think tank.
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The bill signed by President Trump on July 4th rescinds a lot of funding and tax credits for renewable projects. What does it mean for Alaska?
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He says bringing the federal government on to the project could "dramatically lower the cost of capital."
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Juneau Hydropower could expand the capital’s renewable energy capacity by nearly 20%, if it can build a proposed hydroelectric project before its federal license expires.
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Bill Armstrong, credited with bringing the Pikka oil and gas field to light in 2013, hopes his discovery of the Sockeye-2 area near the Arctic National Wildlife Refuge will lead to increased oil production on the North Slope.