Legislature may hear two renewable energy proposals in upcoming session
November 23, 2022
Renewable energy advocates will try again at next year’s legislative session to win approval for extending the life of the state’s Renewable Energy Fund and creating a “green bank” to help finance clean-energy projects.
The Renewable Energy Fund (REF) provides grants for renewable energy projects via a competitive process. The fund was established in 2008 with an initial investment of $100 million, plus additional deposits over the years.
The program ends in 2023, unless extended by lawmakers. Legislators convene in Juneau on Jan. 17.
Over 100 REF-funded projects are currently in op...