The state has held lease sales for Spurr and Augustine in the past, but so far no company has taken connected geothermal power from either volcano with an electrical grid.
"Alaska Division of Oil and Gas"
Dunleavy proposes opening part of Kachemak Bay to subsurface gas leasing
Legislation proposed by Gov. Mike Dunleavy would allow the state to sell subsurface gas-only leases in part of Kachemak Bay so companies could drill into undersea reservoirs from miles away.