Todd McCarty

The committee meeting included a public comment session where a member addressed topics discussed during the executive session. New business items featured updates on the Eklutna Project and a presentation regarding the rate case and the simplified rate case filing process. Additionally, the committee entered an executive session to receive reports on the gas supply and the battery energy storage system. The meeting concluded with director comments.

The board meeting agenda includes reports on the Alaska Power Association, committee activities, and operational updates. Key items include a presentation on recent clean energy achievements, review of financial statements and variance reports, and an update on the decarbonization program. The board will also discuss the Bill Round Up initiative and review scheduled policy tasks. New business items involve a project cost increase for Unit 10 and capital credit retirement. An executive session is planned to address gas supply negotiations, IPP matters, and collective bargaining.

The Operations Committee meeting addressed proposed amendments to the Articles of Incorporation and Bylaws to authorize the Board to update membership fees. Key discussion topics included the 2025 Reliability Report, which analyzed system outage statistics and reliability improvement initiatives, and an update on the Decarbonization Program, covering the roadmap for renewable energy deployment, hydropower site selection, and the Beluga Solar Project. The committee also received a briefing on the gas supply situation, which was further discussed in an executive session.

The agenda for the meeting covers several key topics including director reports from the Alaska Power Association and various board committees. The consent agenda includes items such as the board calendar, training and conferences, bylaw changes regarding membership fee adjustments, and director expenses. CEO reports will address community outreach, the 2026 election, member appreciation, annual meeting preparations, legislative updates, and regulatory updates including the general rate case and RTO proceeding. Additional business items include a report from the nominating committee, approval of the annual election record date and procedures, and an executive session regarding gas supply updates.

The committee discussed updates on the Eklutna Project, including proposed fish and wildlife measures, construction of a new release facility, and automated gate installations. Additionally, the committee reviewed a recent rate case decision by the Regulatory Commission of Alaska, analyzed the impacts of the decision on retail and wholesale rates, and evaluated the process for re-entering the simplified rate filing process to manage future base rate adjustments. Executive session items included an update on natural gas supply and the status of the Battery Energy Storage System.