Governor Sean Parnell’s budget proposal for Fiscal Year 2015 includes many cuts to capital projects. KTNA has covered the Governor’s decision to cut funding to the Susitna-Watana Hydroelectric Project, citing land access issues, but it was far from the only energy project to take a financial hit. There are a number of energy projects on the table, and with less funding, the state may have to pick and choose where it goes.
Chris Rose, Executive Director of the Renewable Energy Alaska Project, or REAP, says that the implications of decreased revenue are fairly simple.
“With less money, we’re going to be able to do less.” (more…)