Scottish First Minister Alex Salmond announced a $20 million prize for commercial-scale ocean power projects today at the National Geographic headquarters in Washington, D.C. The prize is aimed at building Scotland’s ocean power generation capacity by attracting commercially viable technologies to Scottish waters. But how much capacity can $20 million really buy? PelamisWave, a Scottish [...]
Commercial and pre-commercial ocean power projects are being developed at an increasingly fast pace. A handful of wave and tidal energy companies are breaking away from the pack and beginning to sign contracts with utilities, governments and energy companies to develop ocean power capacity. Already in 2008 we should expect to see nearly 19 MW [...]
British mariners have suffered few defeats in their long and storied history. And never (well, almost never) at the hands of their own government. However, the formation and recent failure of the $100 million Marine Renewables Deployment Fund is a thrashing on the level of the crushing blow dealt to the English Counter Armada in [...]
The Federal Energy Regulatory Committee has finally succumbed to Jason Bak. Bak, CEO of wave power company Finavera, used champagne and the promise of an extensive fish safety survey to convince FERC to grant a preliminary permit for Finavera’s proposed 100 MW wave park off of Humboldt County. FERC is widely reviled in [...]
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