In 2007, the Chugach Electric Association, Inc. (Chugach) Cooper Lake Hydroelectric Project was issued a new operating license (Project: FERC No. 2170). The Project is located near Cooper Landing on the Kenai Peninsula and provides power to southcentral Alaska as part of Chugach's generating system. The first operating license for the Project was issued by the Federal Energy Regulatory Commission (FERC) on May 1, 1957. The new 50-year license is scheduled to expire in 2057.