Along with the Alaska Electric & Energy Cooperative and Homer Electric Association, GeoAlaska is working to assess the viability of geothermal reservoirs for electricity generation, aiming to provide inexpensive and sustainable power for the Railbelt region.

As a natural gas shortage looms in Cook Inlet, the Inflation Reduction Act includes billions to accelerate private investment in clean energy within a 10-year window. The incentives could make Alaska projects with high construction and shipping costs more viable.