Alaska Legislature Votes to Reduce Government Regulation of Renewable Energy Projects
Tuesday PM (SitNews) Juneau, Alaska - The Alaska Legislature on Friday passed Senate Bill 69, encouraging private investment in renewable energy projects by extending an exemption from duplicative government regulations for independent power producers (IPPs).
“Extending this exemption will encourage more private investment in renewable energy projects across Alaska,” said Senator Josh Revak (R-Anchorage) the bill’s sponsor. “Since 2010, this exemption has led to new investment, and has generated a growing diversity of energy sources for Alaska’s utilities. During a time of increasingly tight state budgets, simply getting government out of the way and allowing the private sector to work is one of the best ways to ensure our state remains a leader in renewable energy and encourage investment in our struggling economy.”