Companies will soon be able to bid on opportunities to tap a volcanic island in Cook Inlet to generate renewable energy. Alaska officials have scheduled a geothermal lease sale covering a little more ...

Augustine Volcano, which rises out of southern Cook Inlet, is seen from the air on March 7, 2023. The Alaska Division of Oil and Gas has taken steps to prepare for a geothermal lease sale for tracts ...

Low clouds hang over Cook Inlet north of Anchor Point on Oct. 23, 2025. The Trump administration is planning an oil and gas lease sale in federal territory of the inlet. It is set to be the first of ...

Alaska officials are preparing to hold a lease sale for geothermal exploration rights at Augustine Volcano, a 4,133-foot peak that forms its own cone-shaped island in the southern part of Cook Inlet.