How ACEP is Funded
ACEP projects span a broad range of renewable and fossil energy technologies, from small community resource assessments to multi-million dollar program initiatives. ACEP focuses on areas where Alaska can play a significant leadership role in technology development, and works with a wide range of funding partners. While in the past energy research at the University of Alaska has been largely federally funded, ACEP has a diverse portfolio of funding organizations with the large majority (87%) based in Alaska.
Funding Facts About ACEP
- ACEP currently has $15M in external grants and contracts, and receives $750k from the State of Alaska in base funding through the University of Alaska budget.
- ACEP is almost entirely funded through competitive awards and contracts. 65% of ACEP’s projects serve specific needs of rural and tribal communities in Alaska.
- More than 50% of the dollars brought in through ACEP projects are designated for our research partners in other departments within the University of Alaska system.
*ACEP base funding was increased to $750,000 for FY12. Some projects span multiple years.