Fairbanks Looks Underground for Energy
November 3, 2010
Dan Bross, KUAC – Fairbanks: The Fairbanks North Star Borough will use federal money to investigate local geothermal energy potential. $1 million from the Department of Energy is being put out by the borough as a request for proposals to develop a model and technology for turning underground heat into electricity. Borough Grant Coordinator Chris Storkok explained the goals of the effort to the Borough Assembly last week.
The Borough Assembly has approved offering the money as a grant to an entity that can provide matching funds. Fairbanks is already on the geothermal map for the successful development of a power plant at Chena Hot Spring Resort. Engineer Gwen Holdman, who stewarded development of the project, and now serves as Director of the Alaska Center for Energy and Power at the University of Alaska Fairbanks, says Chena Hot Springs could produce some level of power for Fairbanks. Read more