Tuesday morning in Portland,
Oregon, officials from Kodiak
Electric Association signed off on the final agreement to purchase the Terror
Lake Hydro-Electric facility, thus ending the Four Dam Pool and providing KEA
the opportunity to meet its goal of 95-percent non-fossil fuel reliance.
Erik Wander has more.
KEA began working
on the project to purchase the Terror
Lake facility about three
years ago and first presented a proposal to the Four Dam Pool Board about
two-and-a-half years ago. KEA director Stosh Anderson said the purchase paves
the way for the organization to pursue more alternative energy projects and for
customers to enjoy more stable power rates.
-- (Anderson 1 45
sec. "With the purchase ... the
whole community more stable.")
and CEO Darren Scott said that combined with the ongoing wind energy project,
the power company is nearing its goal of 95-percent renewable energy and that
the purchase of the hydro-power facility provides flexibility for future
endeavors. He also said the hydro-power facility will continue to provide about
the same amount of power to Kodiak that it has been.
-- (Scott 1 50
sec. "Terror Lake's
going to ... expanding the wind project.")
Tuesday morning, Copper
Valley, which will now
own the Solomon Gulch facility, also divested itself from the Four Dam Pool,
which will now become the Southeast Power Production Association. Anderson, who
previously served on the Four Dam Pool board, said that all of the communities
involved will benefit from the agreements.
-- (Anderson 2 37
sec. "When I was on the board
... for all of the people involved.")
Anderson said KEA will continue to explore
non-petroleum-based energy sources and the 95-percent renewable energy goal is
constantly being re-evaluated.
-- (Anderson 3 33
sec. "95-percent is a moving
target ... to achieve those goals.")
Assembly voted in December to move forward with the Four Dam Pool divestiture
plan, effectively paving the way for KEA to acquire Terror Lake Under the plan,
the South East Alaska Power Association, or SEAPA, which includes the
communities of Petersburg, Wrangell and Ketchikan, will continue to operate the
Tyee Lake project near Wrangell and the Swan Lake project outside of Ketchikan.
I'm Erik Wander.