Upper Tanana Energy.

Author:Slaten, Russ
Position:INSIDE ALASKA BUSINESS
 
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Tanacross, Inc., the Native Village of Tanacross, and Alaska Power & Telephone executed a Memorandum of Agreement for development of the Yerrick Creek Hydropower Project. The proposed 1.5 megawatt project would be located near Tanacross in the Upper Tanana region of Alaska The three entities have formed a new energy business venture, named Upper Tanana Energy, to develop the Yerrick Creek project and sell power to Alaska Power Company--the incumbent electrical utility and a subsidiary of Alaska Power & Telephone--through a long-term power sales agreement.

Upper Tanana Energy's Yerrick Creek project is anticipated to supply 4.9 million kilowatt hours of clean energy per year--enough to replace 375,000 gallons of diesel fuel per year, or approximately 40 percent of the Tok and upper Tanana region's electrical load. Engineer's estimates indicate that Yerrick Creek has the potential to supply energy at 50 percent of the...

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