As someone born in the 80’s, the Alaska I’ve known has mostly been one of steady growth. I never knew the lean times before Prudhoe Bay that my family talks about, and I’m just young enough not to remember our deepest recession and housing market collapse of that same decade. But the stable, expanding economy of the 90s and 2000s isn’t any more “normal” than the booms and busts from commodities like fur, gold, and salmon that have dominated the state’s history since we were part of Imperial Russia.
Team CED recently attend the North by North (NxN) Festival at the Anchorage Museum. NxN brings innovators and researchers from across Alaska, the nation and other Arctic regions to collaborate and address local and circumpolar challenges. Read on for our takeaways/highlights/favorite parts/moments that left a lasting impression.
For the last few months, the CED team has had energy on our minds. Between the excellent Rural Energy Conference last week, the release of the Renewable Energy Emerging Sector report, and the VOLT49 Showcase this week, it's a subject we can't avoid.
Nine months ago we were drinking coffee while discussing about how our state economy is changing and lamenting that no one had spent time exploring emerging industries with growth potential. And then we realized - why not us? We teamed up with the Division of Economic Development to conduct a series of reports, each profiling an emerging sector.