Unalaska revises geothermal power purchase agreement April 8th 11:22 am | Hope McKenney, KUCB News
Ounalashka Corp./Chena Power, LLC - (OCCP) will have an extra year to obtain funding for their geothermal power project at Makushin Volcano. The Unalaska City Council voted 4 to 1 in favor of pushing the deadline to June of next year at a special meeting March 30. "The proposed amendment shifts some of the deadlines, but really does not change the underlying agreement," said City Manager Erin Reinders. In August of last year, the city entered into a 30-year Power Purchase Agreement with the corporation to develop the geothermal resource located about 13 miles from Unalaska's current power grid - a step OCCP required in order to move forward and obtain funding.