Ketchikan OKs hydroelectric plant sale
Karl Amylon, city manager for Ketchikan, told the Ketchikan Daily News that other municipality-owned utilities and electric cooperatives in the Four Dam Pool have also approved the purchase.
The Four Dam Pool consists of the Swan Lake project, serving Ketchikan; the Tyee Lake project, serving Petersburg and Wrangell; the Terror Lake project, serving Kodiak; and the Solomon Gulch project, serving Valdez and Glennallen.
It derives its name from the fact that customers pool operating costs at the four projects.
The sale would allow the Panhandle communities to move forward with a Southeast Intertie, which would establish a power grid linking the Southeast communities. The first phase of the intertie would connect Swan Lake with Lake Tyee at a cost of $79 million.
Preliminary work is already under way for the intertie, including mapping and flagging as well as updating information on wildlife and rare plants in the area.
Other links could connect Petersburg and Kake, Juneau and Hoonah, Sitka and Kake, and Sitka, Angoon and Hoonah.
Gov. Tony Knowles signed legislation last year approving the sale as a way to endow a fund to pay for Power Cost Equalization subsidies to Bush communities.
Sale of the Four Dam Pool would be financed by the Alaska Industrial Development Export Authority.