Legislature(2013 - 2014)BARNES 124

02/20/2013 08:00 AM House ENERGY


Download Mp3. <- Right click and save file as

Audio Topic
08:01:01 AM Start
08:01:43 AM Overview(s): Power Cost Equalization by the Alaska Energy Authority
08:58:29 AM Overview(s): Susitna-watana Hydro by the Alaska Energy Authority
09:59:44 AM Adjourn
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ Presentations: TELECONFERENCED
- PCE Overview by Sara Fisher-Goad, Alaska
Energy Authority
- Susitna-Watana Hydro Project by Sara
Fisher-Goad, Alaska Energy Authority;
Wayne Dyok, Manager & Nick Szymoniak,
Economist, Susitna-Watana Hydro Project
+ Bills Previously Heard/Scheduled TELECONFERENCED
                    ALASKA STATE LEGISLATURE                                                                                  
               HOUSE SPECIAL COMMITTEE ON ENERGY                                                                              
                       February 20, 2013                                                                                        
                           8:01 a.m.                                                                                            
                                                                                                                                
MEMBERS PRESENT                                                                                                               
                                                                                                                                
Representative Doug Isaacson, Co-Chair                                                                                          
Representative Charisse Millett, Co-Chair                                                                                       
Representative Neal Foster                                                                                                      
Representative Pete Higgins                                                                                                     
Representative Shelley Hughes                                                                                                   
Representative Benjamin Nageak                                                                                                  
Representative Andy Josephson                                                                                                   
                                                                                                                                
MEMBERS ABSENT                                                                                                                
                                                                                                                                
All members present                                                                                                             
                                                                                                                                
COMMITTEE CALENDAR                                                                                                            
                                                                                                                                
OVERVIEW(S):  POWER COST EQUALIZATION BY THE ALASKA ENERGY                                                                      
AUTHORITY                                                                                                                       
                                                                                                                                
     - HEARD                                                                                                                    
                                                                                                                                
OVERVIEW(S):  SUSITNA-WATANA HYDRO BY THE ALASKA ENERGY                                                                         
AUTHORITY                                                                                                                       
                                                                                                                                
     - HEARD                                                                                                                    
                                                                                                                                
PREVIOUS COMMITTEE ACTION                                                                                                     
                                                                                                                                
No previous action to record                                                                                                    
                                                                                                                                
WITNESS REGISTER                                                                                                              
                                                                                                                                
SARA FISHER-GOAD, Executive Director                                                                                            
Alaska Energy Authority (AEA)                                                                                                   
Department of Commerce, Community & Economic Development (DCCED)                                                                
Anchorage, Alaska                                                                                                               
POSITION   STATEMENT:     Provided   a  PowerPoint   presentation                                                             
entitled, "Power Cost Equalization  Overview," dated 2/20/13, and                                                               
introduced  the  PowerPoint  presentation on  the  Susitna-Watana                                                               
Hydro project.                                                                                                                  
                                                                                                                                
STUART GOERING, Assistant Attorney General                                                                                      
Commercial and Fair Business Section                                                                                            
Civil Division (Anchorage)                                                                                                      
Department of Law                                                                                                               
Anchorage, Alaska                                                                                                               
POSITION  STATEMENT:    Speaking  on  behalf  of  the  Regulatory                                                           
Commission of Alaska, answered a  question during the overview on                                                             
Power Cost Equalization by the Alaska Energy Authority.                                                                         
                                                                                                                                
WAYNE DYOK, Project Manager                                                                                                     
Susitna-Watana Hydro Project                                                                                                    
Alaska Energy Authority (AEA)                                                                                                   
Department of Commerce, Community & Economic Development (DCCED)                                                                
Anchorage, Alaska                                                                                                               
POSITION STATEMENT:   Provided a  PowerPoint presentation  on the                                                             
Susitna-Watana Hydro project.                                                                                                   
                                                                                                                                
ACTION NARRATIVE                                                                                                              
                                                                                                                                
8:01:01 AM                                                                                                                    
                                                                                                                                
CO-CHAIR CHARISSE  MILLETT called the House  Special Committee on                                                             
Energy meeting  to order  at 8:01  a.m.   Representatives Hughes,                                                               
Higgins,  Isaacson, Josephson,  and Millett  were present  at the                                                               
call to order.  Representatives  Nageak and Foster arrived as the                                                               
meeting was in progress.                                                                                                        
                                                                                                                                
^OVERVIEW(S):    POWER COST  EQUALIZATION  BY  THE ALASKA  ENERGY                                                               
AUTHORITY                                                                                                                       
   OVERVIEW(S):  POWER COST EQUALIZATION BY THE ALASKA ENERGY                                                               
                           AUTHORITY                                                                                        
                                                                                                                              
8:01:43 AM                                                                                                                    
                                                                                                                                
CO-CHAIR  MILLETT  announced that  the  first  order of  business                                                               
would be  an overview of  the Power Cost Equalization  program by                                                               
the  Alaska  Energy  Authority  (AEA),  Department  of  Commerce,                                                               
Community & Economic Development (DCCED).                                                                                       
                                                                                                                                
8:01:55 AM                                                                                                                    
                                                                                                                                
SARA  FISHER-GOAD, Executive  Director,  Alaska Energy  Authority                                                               
(AEA), provided  a PowerPoint presentation entitled,  "Power Cost                                                               
Equalization  Overview,"   dated  2/20/13.    She   informed  the                                                               
committee  that AEA  reduces the  cost of  energy in  Alaska with                                                               
four  strategies:    energy planning  and  policy;  investing  in                                                               
energy  infrastructure; diversifying  Alaska's energy  portfolio;                                                               
and  technical   training  and  assistance.     The   power  cost                                                               
equalization (PCE)  program directly  reduces the cost  of energy                                                               
for  approximately 80,000  residents  primarily  living in  rural                                                               
Alaska.  She compared the  price of electricity across the state,                                                               
noting that the  prices in Juneau, Anchorage,  and Fairbanks make                                                               
up part  of the formula for  the PCE program [slide  3].  Because                                                               
the electric  rates in rural  Alaska can  be three to  five times                                                               
higher than  the rates  in urban areas,  assistance is  needed to                                                               
maintain and operate the power systems  in rural Alaska.  The PCE                                                               
program  was created  when  state funds  were  used to  construct                                                               
major  energy  projects   in  the  urban  areas   of  the  state,                                                               
particularly  the  Four Dam  Pool  projects  that served  Kodiak,                                                               
Valdez,  Wrangell-Petersburg,  and  Ketchikan.     This  type  of                                                               
infrastructure is not  practical in most rural areas,  so PCE was                                                               
devised  as an  alternative  to infrastructure  [slide  4].   Ms.                                                               
Fisher-Goad  stated earlier  programs were  the Power  Production                                                               
Assistance Program  and the Power  Cost Assistance  Program which                                                               
were replaced  by PCE  under current law  AS 42.45.100-190.   The                                                               
intent of the program is to equalize  the cost of power at a rate                                                               
that  is  close or  equal  to  the  average residential  rate  of                                                               
Anchorage, Fairbanks, and Juneau [slide 5].                                                                                     
                                                                                                                                
8:05:15 AM                                                                                                                    
                                                                                                                                
CO-CHAIR ISAACSON observed the power  under discussion is limited                                                               
to the  cost of electricity.   He asked for clarification  of the                                                               
graph of heating costs on slide 3.                                                                                              
                                                                                                                                
MS. FISHER-GOAD responded that the  graph illustrates the heating                                                               
costs in  Nome but does not  represent the portion of  a person's                                                               
income that must go to heating.   Turning to PCE eligibility, she                                                               
said at the outset in  1984, eligibility for a community depended                                                               
upon its  fuel source, if  diesel generation was greater  than 75                                                               
percent of consumption,  and if residential sales  were less than                                                               
7,500  megawatt hours  (MW).   She pointed  out that  Cordova has                                                               
built hydroelectric  (hydro) facilities  but residents  are still                                                               
eligible  because  debt  keeps   the  cost  of  generation  high.                                                               
Eligible for  PCE are:   30  percent of  all kilowatt  hour (kWh)                                                               
sold;   community   facilities;    and   residential   customers.                                                               
Ineligible for PCE are:  kWh  greater than the monthly cap; state                                                               
and  federal  facilities;  and commercial  customers  [slide  6].                                                               
Importantly,  when   new  infrastructure  is  planned,   the  new                                                               
generation will  count toward  all of a  community's kWh  and not                                                               
just  the  30 percent.    Participating  communities are  located                                                               
throughout  Alaska  with the  exception  of  the Railbelt  region                                                               
[slide 7].                                                                                                                      
                                                                                                                                
8:08:16 AM                                                                                                                    
                                                                                                                                
CHAIR HUGHES asked how the mix of fuel affects eligibility.                                                                     
                                                                                                                                
MS. FISHER-GOAD explained that a  community that has had a change                                                               
in the  percentage of electricity  generated by diesel  can still                                                               
be  eligible depending  on the  cost of  power.   Calculating the                                                               
floor  for  the   program  -  based  on  the   average  cost  for                                                               
residential customers  in Anchorage,  Fairbanks, and Juneau  - is                                                               
affected by  the percentage  of the  sales by  the utility.   For                                                               
example,  Golden Valley  Electric  Association  (GVEA) rates  are                                                               
higher; however, the program does  not include the entire service                                                               
area.    Therefore,  increases to  Chugach  Electric  Association                                                               
rates will have more of an impact  on the floor.  For fiscal year                                                               
2013 (FY  13), the floor  is $0.1430 [slide  8].  In  response to                                                               
Co-Chair  Millett,  Ms.  Fisher-Goad   said  the  formula  is  in                                                               
statute,  which   sets  a  floor   of  $0.12  per  kWh,   or  the                                                               
aforementioned  formula.   In the  past,  the price  of fuel  has                                                               
dropped the floor to the statutory minimum of $0.12 per kWh.                                                                    
                                                                                                                                
REPRESENTATIVE  HIGGINS asked  why GVEA  is limited  to Fairbanks                                                               
proper when 60  percent of the houses are in  the Fairbanks North                                                               
Star Borough (FNSB).                                                                                                            
                                                                                                                                
MS.  FISHER-GOAD  said the  statute  directs  the calculation  to                                                               
include the City  of Fairbanks.  The PCE level  is calculated for                                                               
each  participating  utility  per  community and  there  are  two                                                               
categories  of costs:    fuel  and non-fuel.    The rates  change                                                               
throughout the  year depending  on when fuel  is purchased.   The                                                               
formula  also has  a  ceiling  of $1.00;  the  maximum PCE  level                                                               
equals  95  percent  of  ($1.00   -  $0.1430)  [slide  9].    The                                                               
residential PCE  rate is based on  a credit on the  first 500 kWh                                                               
consumed  each  month  per  customer.    The  community  facility                                                               
calculation is  based on  a credit  of 70  kWh multiplied  by the                                                               
population.  The  customer is billed for the total  cost less the                                                               
calculated  PCE   credit,  and  each  utility   must  notify  its                                                               
customers of  the credit.   This information is also  provided to                                                               
AEA  and AEA  reimburses  the utility  for  the eligible  credits                                                               
[slide 10].                                                                                                                     
                                                                                                                                
8:13:51 AM                                                                                                                    
                                                                                                                                
CO-CHAIR  MILLETT  asked  why the  reimbursements  are  not  paid                                                               
quarterly.                                                                                                                      
                                                                                                                                
MS. FISHER-GOAD  surmised a quarterly  payment would  create cash                                                               
flow difficulties for  the utilities.  She provided  a graph that                                                               
illustrated   the  rates   and  the   eligibility  of   the  kWh.                                                               
Presently,  the eligible  utility cost  is $0.47  per kWh  [slide                                                               
11].   In addition, a  second graph illustrated that  the current                                                               
residential rate  of $0.53 per  kWh is adjusted to  the effective                                                               
rate, which currently averages $0.22 per kWh [slide 12].                                                                        
                                                                                                                                
REPRESENTATIVE  HUGHES asked  whether a  customer pays  $0.22 per                                                               
kWh for their entire bill.                                                                                                      
                                                                                                                                
MS. FISHER-GOAD  said that rate  is only for the  eligible hours.                                                               
An example  of a bill  showed the rate  for total kWh  used, less                                                               
the PCE credit of 500 kWh at the PCE rate [slide 13].                                                                           
                                                                                                                                
CO-CHAIR  MILLETT asked  how many  households exceed  the maximum                                                               
PCE allowance of 500 kWh.                                                                                                       
                                                                                                                                
8:17:34 AM                                                                                                                    
                                                                                                                                
MS. FISHER-GOAD  estimated an average  bill is less than  500 kWh                                                               
with few  exceptions; however, the  average changes on  a monthly                                                               
basis especially in winter.   She turned to the administration of                                                               
the program and  said AEA's role is to authorize  payments to the                                                               
electric utilities; determine the  eligibility of residential and                                                               
community facility  customers; administer  the PCE fund  based on                                                               
appropriations  by  the   legislature;  process  monthly  reports                                                               
submitted by  the utilities; and ensure  compliance with statutes                                                               
and regulations.   This administrative work is done  by two full-                                                               
time  AEA staff  who work  with the  utilities and  provide their                                                               
clerks PCE  training.  The  role of the Regulatory  Commission of                                                               
Alaska (RCA)  is to determine  the eligibility of  utilities, set                                                               
the PCE  rates, calculate the  formula between fuel  and non-fuel                                                               
costs, and ensure compliance with  statutes and regulations.  The                                                               
two  agencies work  in partnership  to provide  training for  the                                                               
utilities' clerks.                                                                                                              
                                                                                                                                
8:20:28 AM                                                                                                                    
                                                                                                                                
STUART GOERING,  Assistant Attorney General, Commercial  and Fair                                                               
Business Section, Civil Division  (Anchorage), Department of Law,                                                               
speaking on  behalf of RCA, said  that there is no  full-time RCA                                                               
staff  dedicated to  the PCE  program; however,  there are  three                                                               
people "who have  at least a part-time relationship  with the PCE                                                               
program."   The  annual PCE  rate-setting procedure  involves the                                                               
commissioners [slide 14].                                                                                                       
                                                                                                                                
CO-CHAIR ISAACSON  asked how  many staff  hours are  dedicated to                                                               
the PCE program by AEA and RCA.                                                                                                 
                                                                                                                                
MS.  FISHER-GOAD offered  to provide  that  information from  the                                                               
budget.   The hours dedicated  to the program sometime  involve a                                                               
higher level of staff.                                                                                                          
                                                                                                                                
REPRESENTATIVE NAGEAK  urged for  the legislature to  address the                                                               
situation with the  PCE formula when adding  renewable energy and                                                               
energy efficiency  to the community utilities.   When communities                                                               
install renewable energy, because of  the current PCE formula, it                                                               
is the  customers that do not  receive PCE that benefit  the most                                                               
from the decrease in the cost to  produce power.  As less fuel is                                                               
used and  the cost  to produce power  decreases, the  PCE subsidy                                                               
also decreases.   Customers with PCE may end up  paying more than                                                               
before  the   renewable  resource  was  developed,   but  non-PCE                                                               
customers will benefit from the decrease  in fuel costs.  The PCE                                                               
program does  not address the  fundamental barriers  to improving                                                               
energy  efficiency.    Because  the  formula  currently  used  to                                                               
calculate  rates  is directly  tied  to  fuel costs,  integrating                                                               
alternative or renewable generation  technologies could result in                                                               
a  lower PCE  payment  causing the  effective  electric rates  to                                                               
increase.   According  to the  Institute of  Social and  Economic                                                               
Research (ISER),  University of Alaska Anchorage,  surveys in PCE                                                               
communities,  energy  use  is  roughly  divided  up  as  follows:                                                               
electricity, 27  percent; transportation,  33 percent;  and space                                                               
heat, 40 percent.  Leading  edge renewable projects are trying to                                                               
address the  significant heating  energy needs by  increasing the                                                               
production of renewable electrons and  sending the excess to make                                                               
heat for large community structures or  groups of homes.  This is                                                               
a good  idea and stands to  make significant cuts to  import fuel                                                               
but the  PCE formula does not  reward this and may  actually be a                                                               
disincentive.   Including heat  kilowatt hours  (kWh) in  the PCE                                                               
formula further  exacerbates the problem  of dividing by  all kWh                                                               
sold  rather  than  diesel  generated kWh  only.    An  alternate                                                               
application of  the formula, dividing  solely by  diesel electric                                                               
kWh sold, and offsetting electric  revenue requirements with heat                                                               
sales  revenues  can  accurately  compensate  the  utility  while                                                               
providing benefits to community members.                                                                                        
                                                                                                                                
8:25:22 AM                                                                                                                    
                                                                                                                                
CO-CHAIR MILLETT agreed  that the displacement of  diesel fuel by                                                               
renewable energy  will skew PCE rates.   The solution for  how to                                                               
incentivize  communities  towards  renewable  sources  of  energy                                                               
without lowering PCE eligibility has not been found.                                                                            
                                                                                                                                
MS.  FISHER-GOAD  agreed  projects built  through  the  Renewable                                                               
Energy Fund Grant  Program do impact 100 percent of  the kWh sold                                                               
in a community;  in fact, an evaluation of the  program has found                                                               
that the PCE  program has an impact on the  Renewable Energy Fund                                                               
Grant Program.   A ratepayer serviced by a utility  that builds a                                                               
successful renewable energy  project may not see  a difference in                                                               
their  rate for  the first  500 kWh;  however, a  portion of  the                                                               
benefit is shared  by the state "essentially from  one program to                                                               
another, so there  is a reduction that happens  ... the reduction                                                               
is less outlay  of PCE dollars."  Thus  the residential ratepayer                                                               
has  either a  subsidized rate  or a  lower rate  based upon  the                                                               
diesel displacement.                                                                                                            
                                                                                                                                
CO-CHAIR  ISAACSON  surmised  that  a  community  may  create  an                                                               
alternative  source of  energy, but  the cost  of energy  may not                                                               
reach an  affordable level below the  PCE formula.  He  asked how                                                               
the Renewable Energy Fund Grant  Program is working to reduce the                                                               
total kWh cost to communities.                                                                                                  
                                                                                                                                
MS. FISHER-GOAD offered to provide  additional information on the                                                               
cost of  projects to  a community.   The program  recognizes that                                                               
realizing  the  goal  to equalize  rates  through  infrastructure                                                               
development  only  is not  possible,  and  she pointed  out  that                                                               
displacing the use of diesel  fuel through AEA's Renewable Energy                                                               
Fund Grant Program makes a  difference by eliminating fluctuation                                                               
and  lowering the  rates significantly  for commercial  customers                                                               
and schools.   In addition, AEA and RCA will  further explain the                                                               
efficiency standards that affect the PCE formula.                                                                               
                                                                                                                                
8:30:44 AM                                                                                                                    
                                                                                                                                
CO-CHAIR MILLETT advised the ultimate  goal of the Renewal Energy                                                               
Fund Grant  Program was to  displace the  use of diesel  fuel and                                                               
its inherent delivery problems.                                                                                                 
                                                                                                                                
REPRESENTATIVE HUGHES  questioned whether Ms.  Fisher-Goad agrees                                                               
that "customers with  PCE may end up paying more  than before the                                                               
renewable resource was developed."                                                                                              
                                                                                                                                
MS.  FISHER-GOAD  said she  would  need  to  look at  a  specific                                                               
example because a  project may have reduced the  amount of diesel                                                               
used  in a  community, but  other  factors may  be affecting  the                                                               
rate.   Other factors are  involved when AEA calculates  the full                                                               
effect on the PCE program.                                                                                                      
                                                                                                                                
REPRESENTATIVE NAGEAK  observed that  residents in the  Far North                                                               
have problems  with the delivery  of fuel and sometimes  must fly                                                               
in fuel  or use Rolligons for  delivery.  At this  time in Barrow                                                               
gas  costs $6.20  per gallon  and  diesel is  higher, but  before                                                               
spring the cost will go up, especially in the smaller villages.                                                                 
                                                                                                                                
REPRESENTATIVE FOSTER  asked for clarification of  the statement,                                                               
"as less fuel  is used and the cost to  produce power decreases."                                                               
He surmised that this is due to fixed costs.                                                                                    
                                                                                                                                
8:35:58 AM                                                                                                                    
                                                                                                                                
MS. FISHER-GOAD explained  that the intent of the  PCE program is                                                               
to equalize cost  for a certain selection of kWh  in a community;                                                               
thus the PCE  subsidy may go down but customers  should be paying                                                               
about the same.   The further benefit is to  the state because it                                                               
is  paying a  lower subsidy  and infrastructure  is being  built.                                                               
She  agreed  that  fixed  costs  are  spread  amongst  less  kWh,                                                               
although in general efficiencies have a net effect.                                                                             
                                                                                                                                
CO-CHAIR MILLETT  concluded that energy efficiency  and renewable                                                               
energy is skewing  the PCE program and  asked whether adjustments                                                               
need to  be made for the  influx of renewable energy  projects in                                                               
rural Alaska, in spite of the benefit to the state.                                                                             
                                                                                                                                
MS. FISHER-GOAD  said it is premature  for her to know  until she                                                               
can review  details of  the Renewable  Energy Fund  Grant Program                                                               
and garner more information from  the [third-party] evaluation of                                                               
the Renewable Energy Fund Grant  Program.  These findings will be                                                               
made  available to  the  committee so  that  the legislature  can                                                               
participate in  the determination on  whether there is a  need to                                                               
change the formula.                                                                                                             
                                                                                                                                
CO-CHAIR MILLETT  expressed her  reluctance to increase  costs to                                                               
consumers   in  rural   Alaska,  which   may  be   an  unintended                                                               
consequence of the Renewable Energy Fund Grant Program.                                                                         
                                                                                                                                
8:39:08 AM                                                                                                                    
                                                                                                                                
MS. FISHER-GOAD  assured the committee that  a significant amount                                                               
of  diesel  fuel  is  being displaced  by  renewable  sources  of                                                               
energy,  which   dampens  the  effect   of  inflation   in  rural                                                               
communities by  providing energy at  a stable cost.   She offered                                                               
to  provide  further   information  on  renewable  infrastructure                                                               
throughout  the  state and  its  positive  impact on  fluctuating                                                               
costs.  She turned attention to  PCE funding, which is by the PCE                                                               
Endowment  Fund, the  general fund  (GF),  and the  PCE Fund  and                                                               
Rural  Electric  Capitalization  Fund,  the latter  of  which  is                                                               
inactive.   The PCE  Endowment Fund  and GF  are the  two sources                                                               
shown in the  operating budget that funded  PCE payments totaling                                                               
$39.5 million in FY 12 [slide 15].   The endowment fund is an AEA                                                               
fund -  managed by  the Department  of Revenue  (DOR) -  that was                                                               
created   in   2001   and   originally   capitalized   with   the                                                               
Constitutional Budget Reserve (CBR) and  the sale of the Four Dam                                                               
Pool project.   Further capitalization came  from GF in FY  07 in                                                               
the amount of $182.7  million and in FY 12 in  the amount of $400                                                               
million.  As  established in statute, 7 percent  of the endowment                                                               
fund's three year monthly average  may be appropriated to the PCE                                                               
program.  As of 12/31/12 the fund  has $788 million, and by FY 15                                                               
or  FY 16  the endowment  fund will  be the  only funding  source                                                               
[slide 16].                                                                                                                     
                                                                                                                                
8:44:32 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE FOSTER asked whether  the current level of funding                                                               
is sufficient to  meet the increased cost to the  program that is                                                               
proposed by forthcoming legislation.                                                                                            
                                                                                                                                
MS. FISHER-GOAD said the funding  is explained in the fiscal note                                                               
attached  to  the forthcoming  legislation.    She expressed  her                                                               
belief  that  the  FY  12  capitalization  of  $400  million  was                                                               
calculated to use less than 7  percent over time and to provide a                                                               
buffer.    She  referred  to  the fiscal  note  attached  to  the                                                               
proposed legislation and  estimated there would continue  to be a                                                               
need  for   $4.8  million  in   GF.    In  further   response  to                                                               
Representative Foster,  she said AEA  assumed flat earnings  of 7                                                               
percent, although in reality, earnings fluctuate significantly.                                                                 
                                                                                                                                
REPRESENTATIVE NAGEAK  asked how many fund  managers are involved                                                               
in the PCE fund.                                                                                                                
                                                                                                                                
MS.  FISHER-GOAD  responded  that   the  PCE  Endowment  Fund  is                                                               
managed, along  with many other  funds, by the treasury  group at                                                               
DOR.                                                                                                                            
                                                                                                                                
8:50:20 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE   NAGEAK  recalled   generally  there   are  three                                                               
managers per fund.                                                                                                              
                                                                                                                                
MS. FISHER-GOAD  then presented  an example  of the  electric use                                                               
for the  community of Akiak.   Akiak has 121  electric customers,                                                               
and 89  residential and 9  community facilities are  eligible for                                                               
the program  [slide 17].   In July  most customers' use  is below                                                               
the 500 kWh limit, and  community facility use is associated with                                                               
water  and sewer  [slide  18].   In  December  a few  residential                                                               
customers exceed  the limit, and the  highest use is by  the high                                                               
school, which  is not  eligible for PCE  [slide 19].  In summary,                                                               
few residential kWh  are not eligible for the  PCE program [slide                                                               
20].                                                                                                                            
                                                                                                                                
CO-CHAIR ISAACSON asked  why the lift station usage  is higher in                                                               
July than in December.                                                                                                          
                                                                                                                                
MS. FISHER-GOAD was unsure.                                                                                                     
                                                                                                                                
CO-CHAIR ISAACSON  surmised that  more people  are home  in Akiak                                                               
during December, thus the question is  how the power usage by the                                                               
utility affects that of the entire community.                                                                                   
                                                                                                                                
8:55:31 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE FOSTER  heard that the residential  average in the                                                               
Railbelt is over 500 kWh per month.                                                                                             
                                                                                                                                
MS. FISHER-GOAD  estimated that the  average use in  Anchorage is                                                               
typically between 600 and 700 kWh  per month and over 400 kWh per                                                               
month in rural Alaska.                                                                                                          
                                                                                                                                
REPRESENTATIVE FOSTER questioned why  the average usage is higher                                                               
in the Railbelt.                                                                                                                
                                                                                                                                
MS. FISHER-GOAD suggested  that houses are bigger  in urban areas                                                               
and  may be  equipped  with more  electronics.   Also,  generally                                                               
speaking electricity  costs less  in Anchorage and  customers may                                                               
not conserve as they do in rural areas.                                                                                         
                                                                                                                                
^OVERVIEW(S):     SUSITNA-WATANA  HYDRO  BY  THE   ALASKA  ENERGY                                                               
AUTHORITY                                                                                                                       
    OVERVIEW(S):  SUSITNA-WATANA HYDRO BY THE ALASKA ENERGY                                                                 
                           AUTHORITY                                                                                        
                                                                                                                              
8:58:29 AM                                                                                                                    
                                                                                                                                
CO-CHAIR  MILLETT [announced]  that the  final order  of business                                                               
would be  a presentation on  the Susitna-Watana Hydro  project by                                                               
the Alaska Energy Authority.                                                                                                    
                                                                                                                                
8:59:01 AM                                                                                                                    
                                                                                                                                
SARA  FISHER-GOAD, Executive  Director,  Alaska Energy  Authority                                                               
(AEA),  introduced  a  PowerPoint presentation  on  the  Susitna-                                                               
Watana Hydro  project.   She reminded the  committee that  one of                                                               
AEA's strategies  is to reduce  the cost  of energy in  the state                                                               
and  the Susitna-Watana  Hydro project  is an  investment in  the                                                               
state's  energy  infrastructure  [slide   2].    Alaska's  energy                                                               
challenges include  varied energy costs by  region, declining oil                                                               
production,  volatile   fossil  fuel  costs,   aging  facilities,                                                               
dispersed communities, and  no central grid, thus  a portfolio of                                                               
programs is  necessary to provide short-  and long-term solutions                                                               
for energy needs  in Alaska [slide 3].   The Susitna-Watana Hydro                                                               
project is  a long-term  solution to  provide clean  and reliable                                                               
power to  the Railbelt region for  the next 100 years.   She said                                                               
the project  is a significant  part of reaching the  state's goal                                                               
of  50 percent  renewable energy  by 2025  [slide 4].   Currently                                                               
hydroelectric   (hydro)   provides   21   percent   of   Alaska's                                                               
electricity, and new wind projects are now online [slide 5].                                                                    
                                                                                                                                
CO-CHAIR  MILLETT  asked how  much  the  renewable portfolio  has                                                               
increased since  the passage of  the Renewable Energy  Fund Grant                                                               
Program.                                                                                                                        
                                                                                                                                
MS. FISHER-GOAD  said AEA  is now  keeping annual  statistics and                                                               
the  renewable sources  of energy  have increased  from about  17                                                               
percent  or  18 percent  to  over  20  percent depending  on  the                                                               
fluctuating contribution by hydro.                                                                                              
                                                                                                                                
CO-CHAIR  MILLETT,  noting an  increase  in  renewable energy  of                                                               
about  5 percent  over the  last  four years,  asked whether  the                                                               
state's  goal  will be  reached  with  or without  Susitna-Watana                                                               
Hydro.                                                                                                                          
                                                                                                                                
MS.  FISHER-GOAD explained  that  Susitna-Watana Hydro  is a  600                                                               
megawatt  (MW)  project  which  would serve  80  percent  of  the                                                               
state's population  and would put the  state over its goal  of 50                                                               
percent renewable; in  fact, it would provide 50  percent for the                                                               
entire region.   Without Susitna-Watana  Hydro, she  opined there                                                               
is no other project that would do so.                                                                                           
                                                                                                                                
REPRESENTATIVE JOSEPHSON asked whether the  50 percent goal is in                                                               
statute.                                                                                                                        
                                                                                                                                
MS.  FISHER-GOAD responded  that House  Bill 306  established the                                                               
goal and is in session law.                                                                                                     
                                                                                                                                
9:03:35 AM                                                                                                                    
                                                                                                                                
CO-CHAIR MILLETT said the goal was  set in policy that was passed                                                               
four years ago  along with the goal of a  15 percent reduction of                                                               
electricity usage during the years 2010 to 2020.                                                                                
                                                                                                                                
MS.  FISHER-GOAD  provided  a  short  history  of  Susitna-Watana                                                               
Hydro, which  was first studied in  the 1950s by the  U.S. Bureau                                                               
of Reclamation, U.S. Department of the  Interior.  In the 1980s a                                                               
three-phase, two dam  1,600 MW project was studied  by the Alaska                                                               
Power Authority but  abandoned due to low gas  prices and limited                                                               
state funds.   In 2008-2009, further interest  by legislators and                                                               
the  passage of  the renewable  energy goal  in 2010  brought the                                                               
project back to  the attention of AEA,  which identified Susitna-                                                               
Watana Hydro  as the  large hydro project  that would  best serve                                                               
the Railbelt.   In 2011 the legislature authorized  AEA to pursue                                                               
the  project [slide  7].   She introduced  Mr. Dyok,  the project                                                               
manager, who is very experienced with hydro projects worldwide.                                                                 
                                                                                                                                
REPRESENTATIVE NAGEAK  asked whether  the studies on  the project                                                               
are being contracted out or are done by the state in-house.                                                                     
                                                                                                                                
MS. FISHER-GOAD  said there  is a  significant amount  of private                                                               
sector involvement in  the project and the involved  AEA staff is                                                               
very small.                                                                                                                     
                                                                                                                                
9:08:31 AM                                                                                                                    
                                                                                                                                
WAYNE DYOK,  Project Manager, Susitna-Watana Hydro  Project, AEA,                                                               
Department   of  Commerce,   Community  &   Economic  Development                                                               
(DCCED), informed  the committee benefits from  this project are:                                                               
serves  approximately  80  percent  of  the  state's  population;                                                               
generates 1,000  jobs during the  peak of  construction; provides                                                               
stable   electric   rates   for    over   100   years;   provides                                                               
diversification to  the state's energy portfolio;  provides clean                                                               
and  reliable energy;  and promotes  the integration  of variable                                                               
resources such as wind [slide 8].                                                                                               
                                                                                                                                
REPRESENTATIVE HIGGINS  recalled the  abandoned 1,600  MW project                                                               
would  have produced  enough energy  for  the entire  state.   He                                                               
asked why the proposed project is reduced to 600 MW.                                                                            
                                                                                                                                
MR.  DYOK  responded that  in  the  1980s  the 1,600  MW  project                                                               
exceeded the  existing electrical demand  and this was  a barrier                                                               
to obtaining power sales agreements  "for more power than you can                                                               
possibly  sell."   Currently, the  state  uses approximately  5.2                                                               
million  MW  hours annually  and  the  project will  provide  2.8                                                               
million  MW  hours;  this  will  meet  the  goal  of  50  percent                                                               
renewable.   In addition, the  project is designed  for expansion                                                               
in the  future should  the need  arise.  Part  of the  reason the                                                               
project  is this  size is  for  diversification and  part is  the                                                               
overall cost, because the utilities can  only bear so much of the                                                               
cost.   Mr. Dyok turned  attention to highlights of  the project.                                                               
The location is in a remote  part of the Susitna River, 184 miles                                                               
upriver from  Cook Inlet and 87  river miles from Talkeetna.   An                                                               
important  attribute to  the location  of the  project is  Devils                                                               
Canyon, a 10-mile portion of the  river below the project that is                                                               
an impediment for fish traveling upstream.                                                                                      
                                                                                                                                
9:13:45 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE JOSEPHSON interpreted Mr.  Dyok's statement to say                                                               
that because  Devils Canyon  is an  obstacle to  anadromous fish,                                                               
the project will not have an effect on fish.                                                                                    
                                                                                                                                
MR. DYOK explained  that the project has the  potential to affect                                                               
salmon and  anadromous fish  downstream because  the flow  of the                                                               
river will  be varied.  The  water temperature can be  managed by                                                               
multi-level intake, but  the influence of the flow  on the salmon                                                               
downstream is  a major  focus of  study.  He  opined there  is no                                                               
comparison  to the  Columbia River  system [in  Washington State]                                                               
where salmon must  pass upstream of projects;  however, there are                                                               
king - chinook  - salmon, which will be studied  for three years.                                                               
Mr. Dyok said, "The indications  are very consistent with what we                                                               
had in  the 1980s that  there are not a  lot of salmon  making it                                                               
upstream of Devils  Canyon.  But certainly  that's something that                                                               
we are evaluating  as well, in addition to  the potential effects                                                               
downstream."                                                                                                                    
                                                                                                                                
REPRESENTATIVE  HUGHES asked  whether water  levels will  also be                                                               
studied.                                                                                                                        
                                                                                                                                
MR. DYOK agreed that there  is a direct correlation between flows                                                               
and water levels  downstream.  The Susitna  River flow fluctuates                                                               
annually  thus studies  will look  at  how the  operation of  the                                                               
project  will  affect salmon,  other  fish  species, and  aquatic                                                               
resources from two  sides:  optimal operation from  an energy and                                                               
power  perspective and  optimal operation  for the  protection of                                                               
anadromous  fish and  the environment.   In  further response  to                                                               
Representative  Hughes,  he  confirmed  that the  design  of  the                                                               
project is  a roller compacted  concrete dam with  the powerhouse                                                               
placed so that the height of the  dam could be expanded in a cost                                                               
effective manner when needed.                                                                                                   
                                                                                                                                
9:19:12 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE HIGGINS  recalled before  the construction  of the                                                               
Trans-Alaska Pipeline  System (TAPS) there was  unfounded concern                                                               
about  the caribou  herd.   He asked  whether there  are ways  in                                                               
which the dam can benefit fish.                                                                                                 
                                                                                                                                
MR.  DYOK  said  in  his  experience  other  projects  have  made                                                               
enhancements to  the fishery  populations downstream  by managing                                                               
the  flows of  the  river and  temperatures,  and by  restricting                                                               
sediment.  He recalled seeing high  flows in the sloughs 50 miles                                                               
downstream in August  of 1983, and in September  the salmon redds                                                               
were  "high  and dry."    The  project includes  a  habitat-based                                                               
assessment of the  fisheries that will be added  to baseline data                                                               
from the  1980s, and data  from the  Alaska Department of  Fish &                                                               
Game (ADFG) to  evaluate the water quality and fish  habitat.  He                                                               
said, "Your  fundamental question  is, 'Is  it possible?'   Yes."                                                               
In  response to  Representative Josephson,  he described  how the                                                               
salmon lay their eggs in redds.                                                                                                 
                                                                                                                                
CO-CHAIR  MILLETT  asked whether  there  are  regulations on  the                                                               
Susitna River similar to those on  the Kenai River as to the size                                                               
of boat engines in order to protect fish habitat.                                                                               
                                                                                                                                
9:25:00 AM                                                                                                                    
                                                                                                                                
MR. DYOK  surmised there is not  the same level of  regulation on                                                               
the  Susitna  River as  on  the  Kenai  River.   He  assured  the                                                               
committee the project  will work with ADFG and  learn about where                                                               
the  fish are  spawning and  the potential  effects on  the river                                                               
system in  the next two  years.  It  is known from  comparing the                                                               
1980s data to last year's that  the system has not changed a lot,                                                               
but the numbers of fish have decreased.                                                                                         
                                                                                                                                
CO-CHAIR MILLETT  said, "It  we're going  to have  a conversation                                                               
about  fish, we  should  talk about,  on the  other  side of  it,                                                               
making sure  that we are doing  everything we can to  sustain the                                                               
bank - habitat - for returning salmon."                                                                                         
                                                                                                                                
REPRESENTATIVE  NAGEAK asked  for the  form of  transmission that                                                               
will take power to communities.                                                                                                 
                                                                                                                                
MR.  DYOK explained  the power  will be  conveyed to  the [Alaska                                                               
Intertie]  for  transmission  to   the  Railbelt.    The  primary                                                               
transmission line  to the grid system  is part of the  study that                                                               
will  be submitted  to the  Federal Energy  Regulatory Commission                                                               
(FERC) for  approval of the license.   The grid system  begins at                                                               
the  Parks  Highway.    In  further  response  to  Representative                                                               
Nageak, he confirmed that the plan  is to connect the intertie to                                                               
existing transmission lines.                                                                                                    
                                                                                                                                
REPRESENTATIVE  HUGHES  understood   that  the  current  intertie                                                               
cannot handle the power from the project.                                                                                       
                                                                                                                                
MR. DYOK deferred to Ms. Fisher-Goad.                                                                                           
                                                                                                                                
9:29:14 AM                                                                                                                    
                                                                                                                                
MS. FISHER-GOAD  answered that last year  AEA was funded to  do a                                                               
transmission study  for the entire  Railbelt region.  There  is a                                                               
significant amount of transmission  upgrades that are needed with                                                               
or without the  Susitna-Watana Hydro project.   A capital request                                                               
has  been submitted  for  work on  the  transmission system  that                                                               
carries power from  Bradley Lake Hydro to the  other utilities in                                                               
Southcentral.   The  transmission  study will  also  look at  the                                                               
possibility  of hydro-to-hydro  coordination between  the Bradley                                                               
Lake  and Susitna-Watana  projects,  and  at further  integrating                                                               
wind power from Fire Island and  Eva Creek.  The utilities desire                                                               
a unified  system so  there can be  a one-tariff  rate throughout                                                               
the system  and power can  move freely.   She stressed  that this                                                               
study is independent  from the interties that are  needed for the                                                               
proposed project.                                                                                                               
                                                                                                                                
REPRESENTATIVE HIGGINS said if the  dam were upgraded, what would                                                               
be the MW on the upgraded transmission line.                                                                                    
                                                                                                                                
MR. DYOK said the "ultimate build-out" would enable 1,000 MW.                                                                   
                                                                                                                                
REPRESENTATIVE HIGGINS observed that  industry draws on power and                                                               
cheap energy  costs will bring industry  to the state.   He urged                                                               
for the project to be built as big as possible.                                                                                 
                                                                                                                                
REPRESENTATIVE NAGEAK  agreed and  pointed out  that construction                                                               
costs will be cheaper using "today's dollars."                                                                                  
                                                                                                                                
REPRESENTATIVE HUGHES asked how much  power is drawn by a typical                                                               
mining operation.                                                                                                               
                                                                                                                                
MS. FISHER-GOAD  heard that  power usage  of over  300 MW  is not                                                               
unusual for a mine.  She  advised that the AEA board of directors                                                               
sought to  ensure the right size  of the project.   She described                                                               
the  power produced  by  different project  designs,  and said  a                                                               
balance  was  reached by  taking  into  consideration that  power                                                               
sales agreements  with the  utilities guided  the level  of power                                                               
needed.   Also considered  was the goal  of 50  percent renewable                                                               
energy set by the legislature.                                                                                                  
                                                                                                                                
9:35:19 AM                                                                                                                    
                                                                                                                                
CO-CHAIR ISAACSON stated that this is  the time to talk about the                                                               
complexities of  funding construction.   He pointed out  that the                                                               
current design is a base  load to provide affordable electricity,                                                               
with  future  opportunities  to  induce  mining  production  with                                                               
expansion.   He stressed  that the committee  needs to  learn the                                                               
details of  the project - not  just the general information  - in                                                               
order  to "make  good  law  and to  provide  proper and  adequate                                                               
funding or proper and adequate direction for you."                                                                              
                                                                                                                                
MS.  FISHER-GOAD recalled  at the  time  AEA was  funded for  the                                                               
project the target was to provide  50 percent of the power needed                                                               
by the  Railbelt and  to retire older  facilities in  the region.                                                               
In fact,  looking at future or  industrial loads was not  part of                                                               
the  equation.   She  urged  the committee  to  see the  economic                                                               
impacts revealed later in the presentation.                                                                                     
                                                                                                                                
CO-CHAIR ISAACSON encouraged AEA to  present a closer look at all                                                               
of  the  facets  of  the  project for  the  new  members  of  the                                                               
committee.                                                                                                                      
                                                                                                                                
CO-CHAIR MILLETT suggested members review past legislation.                                                                     
                                                                                                                                
9:39:12 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE JOSEPHSON asked  why the dam is needed  if a large                                                               
diameter natural gas pipeline is built.                                                                                         
                                                                                                                                
MS. FISHER-GOAD said this project  is not in competition with any                                                               
type of gas pipeline.  The best  use of natural gas is to provide                                                               
a source for heating fuel, and  natural gas will also continue to                                                               
be  part   of  the  energy   portfolio  for  the   generation  of                                                               
electricity.                                                                                                                    
                                                                                                                                
REPRESENTATIVE  JOSEPHSON  expressed   his  impression  that  the                                                               
majority of the residents of  Talkeetna disfavor the project.  He                                                               
asked why there is strong opposition.                                                                                           
                                                                                                                                
MS.  FISHER-GOAD stated  that the  community of  Talkeetna is  80                                                               
miles  away  from the  site.    She acknowledged  opposition  and                                                               
residents' concerns about the potential  impact on fish and about                                                               
seismic activity.  These issues  are being addressed by the study                                                               
plan and  through FERC's  dam safety  program which  requires the                                                               
construction of the safest dam possible.                                                                                        
                                                                                                                                
MR.  DYOK opined  the real  issue is  the fishery  issue and  the                                                               
effects  of  change on  the  community.    The study  plans  will                                                               
address all of the concerns.                                                                                                    
                                                                                                                                
9:43:12 AM                                                                                                                    
                                                                                                                                
REPRESENTATIVE JOSEPHSON  asked for  a list of  dams in  the U.S.                                                               
that have  helped fish  in some  way.  He  estimated the  loss of                                                               
habitat at 185,000 acres.                                                                                                       
                                                                                                                                
MR. DYOK said the study addresses  185,000 acres, but the loss of                                                               
habitat is  the area  that would be  inundated by  the reservoir,                                                               
which is 23,500 acres.                                                                                                          
                                                                                                                                
REPRESENTATIVE HIGGINS  clarified that the  dam must be  built to                                                               
bring down cost  for the Interior and the villages  too, not just                                                               
for the Railbelt.                                                                                                               
                                                                                                                                
REPRESENTATIVE  JOSEPHSON questioned  whether 20  percent of  the                                                               
Railbelt's electrical needs would be met by the dam.                                                                            
                                                                                                                                
MR. DYOK  reiterated that  electrical demand  in the  Railbelt is                                                               
about  5.2  million MW  now  and  the  project will  provide  2.8                                                               
million MW; when  the project is completed in 2024,  it will meet                                                               
about 50 percent of the electrical demand.                                                                                      
                                                                                                                                
REPRESENTATIVE  JOSEPHSON  asked for  the  cost  of the  expanded                                                               
1,000 MW project.                                                                                                               
                                                                                                                                
MR. DYOK  said the current  cost projection is estimated  at $5.2                                                               
billion, and  he was unsure  of the  cost of the  ultimate built-                                                               
out.                                                                                                                            
                                                                                                                                
REPRESENTATIVE  JOSEPHSON heard  that  other  western states  are                                                               
abandoning their dams and if so, asked why.                                                                                     
                                                                                                                                
MR. DYOK  explained that  small dams  on the  East Coast  and the                                                               
West  Coast  were removed  because  they  no longer  serve  their                                                               
function, and one larger dam was  located in a national park.  He                                                               
added that  the National Hydropower  Association is  working with                                                               
the environmental  community and  Congress to possibly  add hydro                                                               
to some  of the 70,000 to  80,000 existing dams.   In response to                                                               
Representative  Nageak,  he  said  the projects  that  are  under                                                               
consideration  for retrofits  are  U.S. Army  Corps of  Engineers                                                               
dams,  U.S. Bureau  of Reclamation  dams,  and independent  dams,                                                               
most of which were built for water supply.                                                                                      
                                                                                                                                
CO-CHAIR MILLETT asked  how technology has reduced  the impact of                                                               
dams on the environment.                                                                                                        
                                                                                                                                
MR.  DYOK  advised  that  there have  been  advancements  in  the                                                               
construction  of  dams in  the  past  25-30 years,  for  example,                                                               
roller-compacted concrete construction of  dams is more efficient                                                               
and  allows for  more  cost-efficient construction.   In  further                                                               
response to Co-Chair Millett, he  said information from the 1980s                                                               
geotechnical  exploration and  additional work  has provided  for                                                               
the  design  of  the  dam to  withstand  the  appropriate  ground                                                               
motion.  Similar  dams in China have  withstood major earthquakes                                                               
with  minor damage.    In  addition, FERC  and  AEA's board  have                                                               
agreed to  bring in  experts in seismicity  to ensure  the proper                                                               
design of the dam.                                                                                                              
                                                                                                                                
9:52:09 AM                                                                                                                    
                                                                                                                                
CO-CHAIR ISAACSON  surmised the project  could be a  catalyst for                                                               
the development  of an employment  base and resources  in Alaska.                                                               
He asked  whether concrete and  other supplies can be  sourced in                                                               
Alaska in support of the private sector.                                                                                        
                                                                                                                                
MR. DYOK said  the current cost estimates are  based on importing                                                               
cement and  fly ash; however,  an associated study is  looking at                                                               
whether  the  raw materials  are  here  to establish  a  concrete                                                               
industry or any other procurement and resource opportunities.                                                                   
                                                                                                                                
CO-CHAIR ISAACSON  cautioned about the  amount of time  needed to                                                               
expand the Alaska Railroad Corporation  or to get permits for new                                                               
industry.  In  addition to an energy project, this  project is an                                                               
opportunity to fulfill Alaska's constitutional mandate.                                                                         
                                                                                                                                
REPRESENTATIVE JOSEPHSON pointed out  that severance tax rates on                                                               
large mines  generate almost no  revenue, unlike  [oil production                                                               
at] Prudhoe Bay.   He expressed his interest in  getting power to                                                               
people -  wherever they are -  rather than providing power  as an                                                               
inducement  to large  scale mines.   He  also viewed  a focus  on                                                               
existing impacts  to the  river as  a diversion.   Representative                                                               
Josephson opined  the Susitna River  is a suffering  river system                                                               
and  questioned  whether  the   science  is  sufficient  to  make                                                               
improvements to the river.                                                                                                      
                                                                                                                                
CO-CHAIR ISAACSON observed  that putting 10 percent  of the known                                                               
resources  within the  state into  production would  generate $18                                                               
billion and  surpass the current rate  of oil revenue.   He urged                                                               
for a broad look at what  is needed so that communities can lower                                                               
costs and provide employment in rural areas.                                                                                    
                                                                                                                                
CO-CHAIR MILLETT said the intent of the committee is to hear all                                                                
viewpoints and to represent all constituencies in further                                                                       
discussion of the Susitna-Watana Hydro project.                                                                                 
                                                                                                                                
9:59:44 AM                                                                                                                    
                                                                                                                                
ADJOURNMENT                                                                                                                   
                                                                                                                                
There being no further business before the committee, the House                                                                 
Special Committee on Energy meeting was adjourned at [9:59                                                                      
a.m.].                                                                                                                          

Document Name Date/Time Subjects
Agenda (H) ENE 02202013.docx HENE 2/20/2013 8:00:00 AM
(H) ENE Agenda Feb. 20, 2012
AEA PCE Overview House Energy 02.20.12.pdf HENE 2/20/2013 8:00:00 AM
(H) ENE AEA PCE Overview 02202013
AEA Susitna Watana Hydro House Energy 02.20.13 .pdf HENE 2/20/2013 8:00:00 AM
(H) ENE Susitna-Watana Hydro 02202013