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 ...

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.

As the world transitions toward renewable energy sources, geothermal power has emerged as one of the most promising, yet underutilized, options in the clean energy portfolio. Unlike solar and wind, ...