Bill would give powers to energy authority

Posted: Thursday, February 10, 2011

JUNEAU — Gov. Sean Parnell is proposing legislation that would allow the Alaska Energy Authority to buy, build and own new power projects.

A Senate committee is scheduled to hear the bill Wednesday.

In November, the agency recommended the state pursue the Susitna hydroelectric project as a way to help meet Alaska’s goal of having 50 percent of its electricity generation from renewable sources by 2025.

The agency’s acting director wrote in a letter to lawmakers last month that the bill would allow the authority to continue pursuing Susitna.

Among other things, the measure would allow the agency to create subsidiary corporations to buy, build, own, keep and operate power projects.

Parnell has proposed $65.7 million to move ahead with Susitna as a way to help meet Railbelt electricity needs.

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