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FOSSIL FUEL AND GEOTHERMAL ENERGY SOURCES FOR LOCAL USE

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FOSSIL FUEL AND GEOTHERMAL ENERGY SOURCES FOR LOCAL USE ( fossil-fuel-and-geothermal-energy-sources-for-local-use )

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Fossil Fuel and Geothermal Energy Sources for Local Use in Alaska Chapter E, Copper River–Chugach SUMMARY OF FOSSIL FUEL AND GEOTHERMAL RESOURCE POTENTIAL IN THE COPPER RIVER–CHUGACH ENERGY REGION by Paul L. Decker, Robert J. Gillis, Ken Helmold, and Shaun Peterson INTRODUCTION Purpose of this report Economic growth and stability in Alaska’s rural and urban areas hinges partially, if not primarily, on the availability of affordable and sustainable energy supplies. Recent price increases in oil and gas commodities have created severe economic hardship in many areas of the state that are dependent on diesel and heating oil as their primary source of energy. All sectors of Alaska’s economy rely on affordable energy sources with limited price volatility, highlighting the need to diversify the energy portfolio by developing locally available and sustainable resources that are not tied to the global market. Unfortunately, all areas are not created equal in energy accessibility; the resources available for local exploitation vary widely across the state. It is critical that funding decisions for expensive programs to reduce the dependence on diesel for heat and electricity take into account information concerning the entire suite of natural resources that exist in a given area. This report draws from existing information to provide community and state leaders an objective summary of our current knowledge concerning the potential of locally exploitable fossil fuel and geothermal energy resources in the Copper River–Chugach Energy Region (fig. E1), one of 11 regions recognized by the Alaska Energy Authority in their Energy Plan (AEA, 2009). The potential geologically hosted energy resources considered here include exploitable coal, conventional and unconventional oil and gas, and geothermal resources. This report concludes with recommendations as to what additional data or strategies, if any, would provide the most leveraging in helping to develop new energy resources in the region. Readers without geological training are encouraged to peruse the geologic summaries of fossil fuel resources and geothermal energy in chapter A. They provide an overview of the geologic elements that must be present in an area to economically develop coal, conventional oil and gas, unconventional oil and gas, and geothermal resources. These summaries will provide the necessary background to more fully understand the information presented in this chapter. Geographic and geologic setting The Copper River–Chugach Energy Region of southeastern central Alaska extends roughly 160 miles north–south between the town of Paxson and the north Pacific coastline and approximately 180 miles east–west between the Canada border and the town of Tazlina (sheet 1). Included in this region are the Wrangell, Saint Elias, and Chugach mountains and Prince William Sound. The region’s largest communities are the fishing towns of Valdez, with a current population of more than 4,300 residents and Cordova with nearly 2,200 residents. Glennallen and Kenny Lake are the Figure E1. Location map, Copper River–Chugach Energy Region. Page 43 Copper River–Chugach

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