Emerging Energy Technology Fund Overview
The Emerging Energy Technology Fund (EETF) was established in 2010 by Senate Bill 220. This fund, administered by the Alaska Energy Authority, is financed by appropriations from the state legislature, federal appropriations, and contributions from other sources. Grants will be available to utilities, independent power producers, local and tribal governments, Alaskan businesses, and non-profits who are interested in energy development projects.
Qualified organizations, local governments, businesses, must apply, detailing their project. Projects must be designed to provide research, development, or demonstration of a new energy or conservation technology, or be designed to make innovative improvements to an existing technology already in use. These technologies or projects will be awarded grants if they meet all requirements, including an expectation that technologies being tested or utilized will be commercially viable within 5 years.
Alaska Energy Authority is in charge of administration for the Emerging Energy Technology Fund. More information can be found on their website here.
The goals of the Emerging Energy Technology Fund are:
- Test emerging energy technologies or methods of conserving energy.
- Improve existing energy technology.
- Deploy an existing technology that has not been previously demonstrated in Alaska.
The legislation that creates the EETF, states that priority will be given to applicants that are:
- Alaska residents, associations, organizations, or institutions;
- Projects that demonstrate partnership with the University of Alaska or another Alaska postsecondary institution;
- Projects supported by matching funds or in-kind partnerships.
- Projects with potential for widespread deployment in Alaska.
the language further defines applicants who are eligible for the grant as:
- An electric utility holding a certificate of public convenience and necessity,
- An independent power producer; (see below for definition)
- A local government, quasi-governmental entity, or other governmental entity, including tribal council or housing authority;
- A business holding an Alaska business license; or
- A nonprofit organization.
Partnerships and Support
The Denali Commission makes up a large sum of the total funding for these projects by contributing $4.8 million towards the total fund sum of $9.6 million. The 26 projects that have been awarded $8.9 million have also contributed $3.1 million of their own money. All of these projects would not have been possible if it had not been for the generous funding of the Denali Commission. To learn more about the Denali Commission please visit their website here
Alaska Center for Energy and Power
The Alaska Energy Authority has partnered with the Alaska Center for Energy and Power on the EETF. ACEP will provide management and resources through the availability of researchers, data collection and will provide applicants access to ACEP testing facilities at the Diesel Engine Testbed, the Hybrid Applications Laboratory, and the Hydrokinetic test site in Nenana on a contractual basis. To learn more about ACEP’s testing facilities please visit ACEP’s testing facility page.
EETF Applicants and Recipients
In March 2012, the Alaska Energy Authority published the list of applicants for the EETF. Access that list here.
In May 2012, the AEA released the list of project proposals invited to submit a full application for consideration. To access that list, please click here.