City of Unalaska Inks Power Purchase Agreement for Geothermal Power
The Makushin Volcano, located near Unalaska, is a world class geothermal resource.
The agreement satisfies a key step enabling the Makushin Geothermal Project to proceed to financing and continue to a scheduled commercial operation date in the final quarter of 2023. The capacity of the facility will accommodate all of Unalaska’s current and known potential customer base. The benefits of geothermal offer greatly reduced greenhouse gas emissions, provide the region and its customers energy security, and accelerate the diversity of the communitiy’s economic base.
For more information and updates visit www.alaskageothermal.info
Making History
The track of oil and gas development in Alaska shows the footprints of bold companies and hard-working individuals who shaped the industry in the past and continue to innovate today. The May 2024 issue of Alaska Business explores that history while looking forward to new product development, the energy transition for the fishing fleet, and the ethics of AI tools in business.