Healy Clean Coal Plant.

AuthorGallion, Mari
PositionINSIDE ALASKA BUSINESS

The Alaska Industrial Development and Export Authority and Golden Valley Electric Association (GVEA) have closed the sale of the fifty-megawatt Heal), Clean Coal Plant (HCCP) and transferred ownership of the plant to GVEA. The plant, now known as Healy Unit 2, is co-located with GVEA's twenty-five-megawatt Healy Unit 1. Construction and testing of the experimental plant was completed in the 1990s with federal and state funding, including a grant from the US Department of Energy. HCCP has not been in operation since 2000.

GVEA purchased the plant for $42 million, plus a reimbursement of $1.8 million for certain 2013 carrying costs. GVEA will spend an additional :$37 million to update and enhance plant systems. GVEA also agreed to install...

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