December Eider Pointer E_Newsletter_December2019_final | Page 4

NEW OC PARTNERSHIP Hopes to Advance Clean, Local Energy Since the early 1980s, millions of dollars have been invested in exploratory drilling, design and feasibility determinations for the Makushin Geothermal Project. Numerous studies indicate the Makushin Volcano hosts a geothermal resource capable of producing a significant amount of electrical energy. OC has partnered with Chena Power, LLC, with support from the City of Unalaska and the U.S. Department of Energy (DOE), to develop this resource. A successful project will provide stable and cost-effective electrical energy and hot water to the community of Unalaska as well as mitigate emissions from diesel generators, which can consume 200,000 gallons a month. With support from the city, the partnership is pursuing a DOE loan of up to $500 million for the project. OC, Chena Power, LLC, and the City of Unalaska are committed to seeing this project developed. At recent City Council meetings, support CONGRATULATIONS Election Results OC would like to congratulate board chair Vincent Tutiakoff Sr on his successful race in the Unalaska Mayoral election, as well as running mate and fellow OC director Dennis Robinson. In other elections, OC would like to recognize staff members Dave Gregory on retention of his seat on Unalaska’s City Council, and Denise Rankin on a close race for School Board Seat D. Congratulations to all, and thank you for your service and dedication to our community. 4 OC’S DECEMBER 2019 NEWSLETTER was mutual around the shared goal to supply supplemental power to the city’s utility grid. “There is an opportunity to benefit our community and set a new precedent for energy production and consumption in rural areas,” said OC Chairman Vincent Tutiakoff. “There has been a lot of research and work done to assess Makushin, and we feel we have the right team assembled to make geothermal energy in Unalaska a reality.” The Ounalashka Corporation (OC) is the Alaska Native Village Corporation for Unalaska, Alaska. Chena Power, LLC advances renewable energy opportunities throughout the world by offering unique solutions to individuals and businesses interested in lowering their ecological impact