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.
In October 2018, the Grant Lake Hydroelectric Project reached another major milestone when the Federal Energy Regulatory Commission (FERC) issued the Draft Environmental Impact Statement (DEIS). In November 2018, FERC held a series of meetings in Moose Pass and a FERC licensing decision will be announced in the second quarter of 2019.
For more details on the Grant Lake Hydroelectric project, go to www.kenaihydro.com.