The Alaska Energy Authority (AEA), in partnership with the Railbelt utilities, has filed a license amendment with the Federal Energy Regulatory Commission as an initial step in pursuing the Dixon Diversion. The addition of Dixon Diversion would be the largest hydropower development project on the Kenai Peninsula since the Bradley Lake Hydroelectric Project was first developed. The proposed project would be located five miles southwest of Bradley Lake, approximately 27 miles northeast of Homer on the Kenai Peninsula.
Estimated three years of study and permitting followed by three years of construction.
The estimated construction cost of the project is approximately $350 million. The construction funding source is yet to be determined.