Agreement reached for Oregon Wave Power Park.

[skids]

Ocean Power Technologies, Inc (OPT) and Pacific Northwest Generating Cooperative (PNGC Power) have signed an agreement to work cooperatively on the development of the Reedsport OPT Wave Park in Douglas County, Oregon.

OPT expects to install its ocean-tested PowerBuoy systems -- initially generating a total of 2 megawatts (MW) -- approximately 2.5 miles off the coast at a depth of 50 meters. OPT has been issued a preliminary permit by the Federal Energy Regulatory Commission (FERC) for up to 50 MW of capacity at the site, and plans to develop, own and operate the initial 2 MW wave power park.

In addition to supporting OPT in the permitting process and power transmission for the project, PNGC Power will work cooperatively with OPT to pursue a power purchase agreement (PPA), under which PNGC Power would purchase the electrical energy output of the 2 MW wave power park from OPT. PNGC Power plans to provide a significant portion of the funds required to fabricate and install the first PowerBuoy at the Reedsport site.

http://www.renewableenergyaccess.com/rea/news/story?id=47546

...should be one to watch. British company with significant U.S. division, if I read their page right.

[kestrel91316]

1. Hm, no NIMBYs or PETA complaints? I'm impressed.

[skids]

2. Yeah one of the advantages of wave...

...even tidal has to contend with people worried about the mills being "fish grinders" but the only protests I've seen against wave power is a bunch of misinformed surfers thinking it will take feet off their waves. It's pretty much the lowest impact form of power available.