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Investing in the future © R. Wenzel, 2009. The Need is Now Implementation of the AK/BC Intertie is the keystone to making the development of renewable.

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Presentation on theme: "Investing in the future © R. Wenzel, 2009. The Need is Now Implementation of the AK/BC Intertie is the keystone to making the development of renewable."— Presentation transcript:

1 Investing in the future © R. Wenzel, 2009

2 The Need is Now Implementation of the AK/BC Intertie is the keystone to making the development of renewable power in Southeast Alaska economically feasible.

3 The Big Energy Picture National energy demand will increase 30%-50% over the next 20 years. (US Department of Energy estimates) National renewable energy will grow by 50% over the next 20 years. (US Department of Energy estimates) Oil is projected to reach $189 per barrel by (US Department of Energy estimates) International energy demand will increase 50% in the same period. (US Department of Energy estimates)

4 U.S. Energy Public Policy The 2009 economic stimulus package included $6.5 billion for renewable energy and $11 billion for energy transmission. $150 billion for clean energy over 10 years. Administration goals include 10% of U.S. energy from renewable sources within 3 years, 25% within 15 years. Stated administration priorities include “Promoting the supply of domestic energy” (barackobama.com)

5 Alaska Energy Policy Hydroelectric power is the least expensive form of power in Alaska by 15% and the least expensive form of heat by a factor of 3.5-to-1. (Alaska Energy Authority) 2007 Energy reports states, “Thomas Bay/Swan Lake-Tyee are believed to be able to provide energy for all of Southeast's needs as well as export excess energy.” (alaskapower.org) Hydroelectric has kept Southeast Alaskan power substantially less expensive than the rest of the state. (Alaska Energy Authority) State support of power sales agreements and state, public, and private partnerships

6 Thomas Bay Energy Development 100 Megawatts by 2014 Part of over 3000 Megawatts of developable power in Southeast Alaska $.06-$.08 per kWh in Southeast Alaska, with power to spare to sell Partnership between public and private entities Based on 4 successful projects Fast facts

7 Alaska-British Columbia Intertie 27 miles of line to tie Southeast Alaska into the North American power grid $26.9 million in costs (D Hittle Report) $9.5 million per year in projected saleable power, once the Thomas Bay Power project comes online (400GWh x $23.68 per MWh, national average) Canadian participation is already assured BC Demand for renewable energy Electrification for industrial development of Northern BC Less than 1/3 of the line already running from Tyee to Wrangell

8 The existing route for the AKBC Intertie is already surveyed A single ridge represents the largest obstacle, and is easily surmounted This single project will create the physical connection necessary to sell power through the North American power grid Alaska-British Columbia Intertie

9 Local and National Support

10 Conclusions Energy demand is growing and will continue to grow for decades to come. Southeast Alaska is poised to provide this energy using clean, renewable resources. The Alaska-British Columbia Intertie is vital to achieving energy goals. Development is supported at local, state, federal, and international levels. This integrative solution will create value for all stakeholders, Alaskan, Canadian, and in the continental United States.

11 Alaska-Canada Energy Coalition Working to provide low-cost energy to the villages and communities of Southeast Alaska ACE Coalition c/o City & Borough of Wrangell PO Box 531 Wrangell, AK (907)


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