Galena Electric Power - a Situational Analysis

• Main Authors: Chaney, Robert E., Colt, Steve, Johnson, Ronald A., Wies, Richard W., White, Gregory J.
• Format: Report
• Language: English
• Published: Institute of Social and Economic Research, University of Alaska. 2004
• Subjects: generation options; Galena; energy mix; economic comparison; utility rates; Arctic; Yukon; Yukon river
• Online Access: http://hdl.handle.net/11122/12172

The purpose of the investigation is to compare the economics of various electrical power generation options for the City of Galena. Options were assessed over a 30-year project period, beginning in 2010, and the final results were compared on the basis of residential customer electric rates ($/kWh). Galena’s electric utility currently generates power using internal combustion diesel engines and generator sets. Nearby, there is an exposed coal seam, which might provide fuel for a power plant. Contributions to the energy mix might come from solar, municipal solid waste, or wood. The City has also been approached by Toshiba, Inc., as a demonstration site for a small (Model 4S) nuclear reactor power plant. The Yukon River is possibly a site for in-river turbines for hydroelectric power. This report summarizes the comparative economics of various energy supply options. National Energy Technology Laboratory (U.S. Department of Energy); Arctic Energy Office Contract DE-AM26-99FT40575