Tuesday, December 20, 2011

Icicle energizes its 'calculated risk' at Adak

Regular visitors know Deckboss likes to keep track of happenings out on Adak, the remote Aleutian island with a rather tumultuous history as a commercial fishing port.

As previously reported, a subsidiary of Seattle-based Icicle Seafoods Inc. took over the Adak processing plant in the spring.

Now here's a little news: The Regulatory Commission of Alaska recently approved a special contract between Icicle and the local power company, TDX Adak Generating.

Under the contract, TDX will supply "interruptible" power to Icicle, with existing residential and commercial customers having priority.

Power supply had been a problem for previous operators of the Adak plant.

While commissioners said they initially were concerned about the potential for "rate subsidization" of Icicle, the RCA ultimately held that the special contract will be good for all local power customers.

Here is the agency's eight-page order. It has a few details about Icicle's work to refurbish the plant, which concentrates on Pacific cod.

Also, here is an Icicle letter from late August that discusses the company's "calculated risk" at Adak.

2 comments:

  1. Groundswell Fisheries MovementDecember 20, 2011 at 8:54 PM

    Time for Icicle to pay the $3.44 million NOVA fine by NOAA Fisheries. Or will that get tiede up due to the arrests in Iceland of GLITNER BANK executives, who helped Fox Paine on the financing package to buy out Icicle? Remember Bristol Bay Environmental and the highly profitable Adak cleanup contacts, and which connected Bristol Bay group now owns Icicle? Follow the money.

    Whatever happened to EPA concerns about more than one powerplant polluter in that local airshed?

    Groundswell

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  2. Support Icicle Seafoods,
    "In this appeal, appellants Seattle Seven and Exxon contend both that cede back agreements are lawful and that for their proper administration, they must not be disclosed to juries?"  

    One must wonder how Icicle's cede back to Ben Stevens, theory going to work out at Adak?

    http://www.adn.com/static/includes/highliner/Icicle_decision.pdf

    ReplyDelete