{"id":38307,"date":"2022-08-09T14:05:23","date_gmt":"2022-08-09T22:05:23","guid":{"rendered":"https:\/\/www.gvea.com\/?page_id=38307"},"modified":"2022-08-18T11:33:07","modified_gmt":"2022-08-18T19:33:07","slug":"bradley-lake-hydroelectric","status":"publish","type":"page","link":"https:\/\/www.gvea.com\/services\/energy\/sources-of-power\/bradley-lake-hydroelectric\/","title":{"rendered":"Bradley Lake Hydroelectric"},"content":{"rendered":"<h2>Alaska&#8217;s Largest Hydroelectric Project<\/h2>\n<p><img decoding=\"async\" class=\"size-full wp-image-37669 alignright\" src=\"https:\/\/www.gvea.com\/wp-content\/uploads\/bradley2.jpeg\" alt=\"Bradley Lake\" width=\"20%\" height=\"294\" \/>The Bradley Lake Hydroelectric Project was energized in September 1991 after 5 years of construction and 36 years after the U.S. Army Corps of Engineers first investigated the possibility of a hydroelectric project in the area.<\/p>\n<p>Golden Valley Electric Association (GVEA) receives 16.9% of the power generated, which is 20 megawatts. Due to transmission line constraints, GVEA is able to use up to 15 megawatts of energy generated from Bradley Lake at a time. This energy is transmitted via the Intertie. The power, both environmentally clean and economical, is 4.6 cents per kilowatt-hour. With transmission charges and losses, this energy is delivered to Fairbanks at 6.89 centers per kilowatt-hour. This lower-cost power helps to offset higher cost generation during peak load times.<\/p>\n<h2>Financing<\/h2>\n<p>Construction of the major facilities cost $312 million. Financing costs brought the total to $328 million, still $43 million below the original cost estimates. The state of Alaska funded $175 million directly and the 5 participants financed the balance through bonds.<\/p>\n<h2>Original Project Participants<\/h2>\n<ul>\n<li>City of Seward<\/li>\n<li>Chugach Electric Association<\/li>\n<li>Golden Valley Electric Association<\/li>\n<li>Homer Electric Association<\/li>\n<li>Municipal Light &amp; Power (now part of Chugach Electric)<\/li>\n<li>Matanuska Electric Associations<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Alaska&#8217;s Largest Hydroelectric Project The Bradley Lake Hydroelectric Project was energized in September 1991 after 5 years of construction and 36 years after the U.S. Army Corps of Engineers first investigated the possibility of a hydroelectric project in the area. Golden Valley Electric Association (GVEA) receives 16.9% of the power generated, which is 20 megawatts. [&#8230;]\n","protected":false},"author":20,"featured_media":0,"parent":37380,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"_links":{"self":[{"href":"https:\/\/www.gvea.com\/wp-json\/wp\/v2\/pages\/38307"}],"collection":[{"href":"https:\/\/www.gvea.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.gvea.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.gvea.com\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gvea.com\/wp-json\/wp\/v2\/comments?post=38307"}],"version-history":[{"count":4,"href":"https:\/\/www.gvea.com\/wp-json\/wp\/v2\/pages\/38307\/revisions"}],"predecessor-version":[{"id":38521,"href":"https:\/\/www.gvea.com\/wp-json\/wp\/v2\/pages\/38307\/revisions\/38521"}],"up":[{"embeddable":true,"href":"https:\/\/www.gvea.com\/wp-json\/wp\/v2\/pages\/37380"}],"wp:attachment":[{"href":"https:\/\/www.gvea.com\/wp-json\/wp\/v2\/media?parent=38307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}