Sitka looking to hydro boost for economic development 

From Steve Quinn at the Alaska Journal of Commerce: The coastal waters have fed and supported this fishing community of 8,000 residents for decades. And now city leaders are looking to the lakes for help. Sitka is pursuing a hydro electric power generation expansion that won’t come cheap: about $100 million. But a successful expansion of Blue Lake’s generation means keeping energy costs down, even below the state’s average of 14.3 cents a kilowatt hour. It could mean the difference when courting new businesses and would enhance chances to expand it’s base industry of commercial fishing. It also would mean the need for less diesel fuel, a commodity that comes with a price subject to potentially volatile markets. Read more

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