Alaska Power and Telephone pulled the plug on the Connelly Lake hydroelectric project, surrendering its Federal Energy Regulatory Commission (FERC) preliminary permit for the project June 13.
The primary factor in the company’s decision is that existing demand for power isn’t sufficient to build the project and maintain or lower local rates, said project manager Glen Martin. Local opposition and difficulty securing funding also were obstacles, he said.
AP&T isn’t giving up on the…
