The Renewable Energy Fund (REF) Application Round 14 is now closed. The Round 14 recommended projects list can be found here. Funding for these projects is subject to Legislative approval and appropriation.

The application period for Round 14 of the Renewable Energy Fund grant program is now closed.  AEA will evaluate all applications received and will consult with the REF Advisory Committee (REFAC) to make final recommendations to the Alaska State Legislature for Fiscal Year 2023 funding. All funding decisions, including if there will be any funding available, will be made by the legislature.

About the Renewable Energy Fund

The Alaska Renewable Energy Fund (REF) provides benefits to Alaskans by reducing and stabilizing the cost of energy through the development of renewable energy projects. The program is designed to produce cost-effective renewable energy for heat and power to benefit Alaskans statewide.

The REF was established by the Alaska State Legislature in 2008, and in 2012 was extended 10 years to 2023. The REF is managed by AEA in coordination with a nine-member Renewable Energy Fund Advisory Committee. The program provides grant funding for the development of qualifying and competitively selected renewable energy projects. Since its inception 244 REF grants have been awarded and funded via legislative appropriations totaling $284 million. Over 100 operating projects have been built with REF contributions, collectively saving more than 30 million gallons of diesel each year.

In Round 13 as solicited in 2020, 11 applications were recommended to and approved by the Legislature for a total appropriation of $4.75 million. The State’s continued investment in renewable energy projects through the REF program reduces the cost of energy, creates jobs, utilizes local energy resources, keeps money in local economies, and fosters economic development.

Renewable Energy Fund Projects Round 1-12

Renewable Energy Fund Projects by Energy Region

Renewable Energy Fund Statutes and Regulations

Statutes are available here.
Regulations are available here.
For an up-to-date snapshot of AEA’s REF program activities, please see our downloadable Factsheet.

Sign Up for Email Updates

Join the REF email list to receive email notifications regarding requests for applications, changes to the application process, and related communications. To subscribe, click here and follow the subscription instructions. You will be sent an email requesting confirmation of your subscription.