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Presidential Permit Filing Opens Door to Creation of New Alaska Renewable Energy Export Industry
Business Wire - Mon Aug 19, 10:54AM CDT
In a move aimed at expanding the market for Southeast Alaska's vast renewable hydro resource, Alaska Power & Telephone Company subsidiary Soule Hydro, LLC (Soule Hydro) has applied for a Presidential permit to construct and operate the first electric transmission line crossing the United States border delivering Alaska-based renewable electric energy into Canada. "By working closely with regional business, industry partners and research organizations such as the Alaska Center for Energy and Power, AP&T shares a larger vision of what is possible for the future of Alaska's vast stranded renewable energy resources," states Robert Grimm, President of Alaska Power & Telephone Company. "We are convinced the development of a new renewable energy industry, coupled with a resurgence of Alaska's timber, mineral, fisheries and petroleum market segments, will greatly benefit those in need of these resources, while creating economic well-being for Alaskans."