The owners of the Eklutna Hydroelectric Project, Chugach Electric Association , Matanuska Electric Association, and the Municipality of Anchorage, recently responded to the Anchorage Assembly regarding the 1991 Fish & Wildlife Agreement. The Assembly passed a resolution seeking a two-year extension of the Agreement along with other requests and assertions. The owners responded with a letter to the Assembly which was discussed at the Feb. 12, 2024, meeting of the Chugach Board of Directors.

Chugach is rebuilding the Campbell Lake Substation in South Anchorage. The purpose of this project is to replace the aging infrastructure as the equipment is 50 years old and is no longer adequate to serve the area. Chugach is replacing the transformer and the switchgear in the substation to ensure reliability to the area and to address safety concerns that come with having equipment at the end of its serviceable life.

Chugach is investing in a Battery Energy Storage System (BESS) that will primarily serve as a reliability and efficiency project, focused on improving the primary frequency response on the Railbelt Transmission System. Battery storage technology enables utilities to store energy for later use and allows for more efficient natural gas generation.