ELECTRICITY: Project touted as only way to renewable energy goal.
FAIRBANKS -- State Sen. Joe Thomas said the analysis should be ready next spring on the proposal to dam the Susitna River to generate electricity.
Thomas sponsored the bill for a $2.5 million study to re-evaluate the idea that has been around for decades.
Thomas told the Greater Fairbanks Chamber of Commerce last week that the multibillion-dollar dam is the only way the state could meet a goal of creating half of Alaska's energy through renewable sources.
The Alaska Energy Authority is also working on a broader plan for the state, said Gene Therriault, an energy adviser to Gov. Sean Parnell. The governor's office will want to learn how quickly Susitna could be built, what it would cost and what the potential economic impact would be before knowing how it fits into long-term energy plans, Therriault said.
As originally conceived, the 1,000-plus-megawatt system would include one or two dams. Older designs outlined a rock-fill embankment dam, 800 to 900 feet tall, in the Susitna Valley and a smaller concrete-arch dam downstream.
Either project would be huge. Thomas estimated it would require a 3,000-plus-worker camp and cost $7 billion to $13 billion, depending on the final project.
The reservoir would inundate close to 100 miles of river.
The Susitna dams got momentum in the early 1980s when the state treasury was flush with cash from the new North Slope oil fields. The state spent tens of millions of dollars studying the idea -- from construction costs to environmental impact to future consumer demand for electricity -- before dropping the idea as too expensive.
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