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.
"Augustine Island"
Feds file environmental review for Cook Inlet lease sale
The potential auction includes 224 blocks across one million acres in Cook Inlet, from the southern end of Kalgin Island down to Augustine Island.
Feds to resume work on possible Cook Inlet lease sales
Alaska and 12 other states sued the Biden administration in March, arguing the pause on leases bypassed the public process when they hit pause on the sales.