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Issue · Energy

Energy (Hydroelectric)

Every energy bill, vote, and legislator stance in Alaska, automatically classified by Maddy, our AI policy reader.

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34th Legislature (2025-2026)
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in committee · Alaska · House Feb 18, 2026

HB 312: An Act relating to a state energy policy; relating to the green energy grant fund; and providing for an effective date.

HB 312 establishes a green energy grant fund in Alaska by directing 20% of revenue from the state's carbon offset program into it. The fund finances new renewable energy projects, including hydroelectric facilities, direct renewable energy use, and hydrogen fuel cell projects powered by renewable resources, with priority given to projects in areas where average energy costs exceed the state average. It also sets loan terms for eligible projects (up to 50 years) and requires interest rates to be at least 3% below standard rates (but not below 1%). The fund must submit annual reports to the legislature detailing grant applications and recommendations.
Topics ✓ Budget & TaxesSupports Budget & TaxesDirects 20% of carbon offset revenue into green energy fund, reallocating existing state revenue for renewable projects, aligning with fiscal responsibility and funding priorities.90% confidence ✓ EnergySupports EnergyHB 312 creates a green energy grant fund using carbon offset revenue to finance renewable projects (hydro, hydrogen, etc.) with priority for high-cost areas, directly advancing renewable energy infrastructure and reducing fossil fuel dependence.95% confidence ✓ EnvironmentSupports EnvironmentEstablishes green energy fund from carbon offset revenue to finance renewable projects like hydroelectric and hydrogen fuel cells, directly promoting clean energy infrastructure and environmental protection.95% confidence
Sub-Topics Hydroelectric Renewable Energy