Healy Unit 2 power plant fires up.

PositionBUSINESS

Golden Valley Electric Association fired the boiler at the Healy 2 power plant for the first time since 1999. The plant was fired on oil at 5:21 p.m., May 28.

Healy 2 will double the amount of coal-fired generation in GVEA's portfolio. Fluctuating oil prices and unpredictable natural gas-fired power from Anchorage have led to price spikes. Coal prices are much more predictable, which should help the co-op stabilize rates.

Usibelli Coal Mine is gearing up to supply the fuel, which will be delivered by...

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