Railbelt utilities form new group
January 27, 2011
From the Homer News: Homer Electric Association and four other Railbelt utilities have joined to form the Alaska Railbelt Cooperative Transmission and Electric Company, or ARCTEC.
Representatives from HEA, Chugach Electric, Matanuska Electric, Golden Valley Electric (Fairbanks) and the City of Seward participated in the organization’s inaugural meeting in Anchorage on Jan 7.
ARCTEC is envisioned as a vehicle to advance large scale renewable generation and transmission projects that are beyond the scope of individual utilities, according to a press release from HEA. A similar effort was pursued at the legislative level last year in the form of the Greater Railbelt Energy and Transmission Corporation, or GRETC,
However, the GRETC bill was unable to gather enough support and failed to make it out of the legislative session that ended in April. Following the demise of GRETC, utility representatives held a series of meetings to create an entity that could represent the utilities on regional generation and transmission issues, according to the release.
The purpose of ARCTEC can be found in the organization’s Articles of Incorporation which state, “It is anticipated that ARCTEC will facilitate the development of energy sources with participating Railbelt utilities and the State of Alaska, and effective combinations of these entities.” Read more