Homer Electric Association, through its subsidiary Kenai Hydro LLC, continues to study the feasibility of a five megawatt Grant Lake Hydroelectric Project near Moose Pass on the Kenai Peninsula. There was interest in such a project in the 1980s, but Kenai Hydro has been evaluating the feasibility of a hydroelectric project on the Kenai Peninsula since 2008.
Originally, there were four sites under consideration: Grant Lake, Falls Creek, Crescent Lake, and Ptarmigan Lake. After a thorough review, Kenai Hydro determined that Crescent Lake, Ptarmigan Lake and Falls Creek were not economically feasible and the preliminary permits for those projects were surrendered.
Kenai Hydro is moving forward with the Grant Lake Project and expects to submit a draft license application to the Federal Energy Regulatory Commission in the spring of 2015.
For more details on the Grant Lake Hydroelectric project, go to www.kenaihydro.com.