GVEA submits updated proposal to AIDEA for LNG trucking project

July 22, 2013

On Friday, July 19, Golden Valley Electric Association submitted an updated proposal to the Alaska Industrial Development and Export Authority for the Interior Energy Project, also known as the Interior LNG trucking project. The goal of the LNG project is to bring lower cost energy to Interior Alaska. AIDEA requested updated proposals from GVEA, the Pentex Corporation, Spectrum LLC and the Interior Borough Gas Utility.

A lower cost fuel source like LNG would help GVEA stabilize electric rates by offsetting expensive oil-fired generation. However, the greatest benefit of an LNG project will be in the form of space heat savings to those Interior residents who convert from expensive heating fuel to less expensive gas.

Golden Valley is a strong supporter of bringing LNG to the Interior and appreciates all of the work AIDEA has invested into the project. GVEA will continue to work with AIDEA to help ensure this project’s success.

Documents:

AIDEA's Request for Proposal (June 26) -- includes Q&A

GVEA Letter to AIDEA (July 19)

 

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