AEA Press Releases

Stay up to date with the latest Alaska Energy Authority news.

July 23, 2026
AEA Board Advances Financing Framework for Bradley Lake Expansion Project

ANCHORAGE, Alaska—The Alaska Energy Authority (AEA) Board of Directors has endorsed a financing package for constructing the Bradley Lake Expansion Project and forwarded it to the Railbelt utilities for their consideration. The project is a major hydroelectric infrastructure investment that would increase renewable energy generation and strengthen long-term energy reliability for Railbelt communities. The total project cost is currently estimated at $400 million.


July 20, 2026
AEA Files Final Amendment Application for Bradley Lake Expansion Project

ANCHORAGE, Alaska—The Alaska Energy Authority (AEA) has filed a Final Amendment Application (FAA) with the Federal Energy Regulatory Commission (FERC) for the Bradley Lake Expansion Project, marking a major milestone in the development of an expansion to Alaska's largest renewable energy asset. The application seeks approval to modify AEA's existing license for the Bradley Lake Hydroelectric Project. It reflects years of engineering, environmental review, stakeholder engagement, and regulatory coordination.


July 13, 2026
AEA Opens Round 19 Renewable Energy Fund Application Period

ANCHORAGE, Alaska—The Alaska Energy Authority (AEA) is accepting applications for Round 19 of its Renewable Energy Fund (REF) grant program. Applications are due by 4 p.m. AKDT on Friday, Sept. 11, 2026.

The REF was established in 2008 by the Alaska State Legislature to provide grant funding for competitively selected renewable energy projects. Since then, the program has awarded more than 340 grants representing approximately $348 million in state funding.


July 07, 2026
AEA Renewable Energy Fund Round 18 Receives $14.6 Million

ANCHORAGE, Alaska—Gov. Mike Dunleavy recently signed the Fiscal Year 2027 capital budget into law, providing $14.6 million for projects through Round 18 of the Alaska Energy Authority (AEA) Renewable Energy Fund (REF) program.

The appropriation funds the top nine projects recommended by the Renewable Energy Fund Advisory Committee (REFAC) and represents the largest REF appropriation since FY2024.


April 29, 2026
AEA, Chugach Electric, and Carnival Corporation Advance Whittier Shore Power Project

ANCHORAGE, Alaska—The Alaska Energy Authority (AEA), Chugach Electric Association, Inc., and Carnival Corporation today announced continued progress on the Whittier Shore Power Project, a port electrification investment that enables cruise ships calling on Whittier to plug into shore‑based electrical power instead of operating diesel generators while docked.


April 13, 2026
AEA Awards $17.7 Million to Upgrade Alaska’s Transmission Infrastructure

ANCHORAGE, Alaska—The Alaska Energy Authority (AEA) has awarded $17.7 million to support three transmission infrastructure projects that will strengthen grid resilience across Southcentral and Southeast Alaska. AEA funded the awards using program funds from the U.S. Department of Energy (DOE), along with a $2.6 million appropriation from the Alaska State Legislature, supported by the Governor.


February 26, 2026
AEA Releases Statewide Railbelt Energy Vision to Guide Long-Term Energy Planning

ANCHORAGE, Alaska—The Alaska Energy Authority (AEA) today released its Statewide Railbelt Energy Vision, a comprehensive, systemwide planning document that brings together the state’s major Railbelt energy initiatives into a single, long‑range strategic framework.


February 24, 2026
AEA Files Draft Amendment Application for Bradley Lake Expansion Project

ANCHORAGE, Alaska—The Alaska Energy Authority (AEA) has submitted its Draft Amendment Application (DAA) to the Federal Energy Regulatory Commission (FERC) for the Bradley Lake Expansion Project, a key milestone in advancing one of Alaska’s most significant long‑term energy investments. The filing proposes to amend AEA’s existing FERC license, describes the proposed project and how it would operate, and includes a Preliminary Draft Environmental Analysis outlining the potential effects of the project.


January 26, 2026
AEA Releases Statewide Railbelt Energy Vision to Guide Long-Term Energy Planning

ANCHORAGE, Alaska—The Alaska Energy Authority (AEA) today released its Statewide Railbelt Energy Vision, a comprehensive, systemwide planning document that brings together the state’s major Railbelt energy initiatives into a single, long‑range strategic framework.