ConocoPhillips decision for estimated $8B North Slope energy development comes four days after U.S. appeals court rejected opponents' latest plea to stop $900M of winter construction work now underway.
Developer, using Iron-air technology instead of lithium-ion for long-duration storage, will build first state facility at PG&E plant site—as U.S. battery installation set new records in the third quarter and is set to in 2024.
State water agency's final environmental impact report on the proposed Delta Conveyance Project now is reduced in scope compared to other considered options after feedback.
While the construction outlook for Anchorage and Alaska in general seems to have peaked somewhat, Storter says there are three big drivers for infrastructure development: the Alaska Dept. of Transportation, the US Army Corps of Engineers and the National Telecommunications and Information Administration.
After a period of growth in the San Jose region, expectations for the construction industry going forward are more tempered, Rogers says. The biggest bugbear being high interest rates.