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)

 

GVEA named Wind Cooperative of the Year

Fairbanks’ local electric cooperative was named Wind Cooperative of the Year in the category of distribution cooperatives on behalf of the U.S. Department of Energy and National Rural Electric Cooperative Association. The award was presented at the NRECA TechAdvantage Conference on February 21.

This 12th annual award recognizes electric cooperatives that demonstrate leadership in moving wind power forward in the United States. GVEA was selected based on the following project criteria:

  • Innovation
  • Project creativity
  • Extreme construction challenges
  • Benefits to Golden Valley’s members

Eva Creek Wind was online and fully commissioned on December 31, 2012. With 12 turbines and a capacity of nearly 25-megawatts, Eva Creek Wind is the largest wind project in Alaska. For output statistics, visit http://gvea.com/energy/evacreek/output.

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