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Saturday, June 11, 2011

Wave Energy Trust Partners with PSU



It appears that our own Portland State University is now participating in a program that supports the expansion and production of the growing wave energy industry. The Oregon Energy Wave Trust recently announced their new Oregon Wave Energy Commercialization Program and partnered with the PSU School of Business Administration, which is the first of multiple universities who will partner with this program. This is all in hopes of boosting Oregon's wave energy industry. The Wave Energy Trust currently works with seven different Oregon businesses and recently released a report that detailed their goals to achieve by 2015. These goals include: a 10-megawatt project in addition to smaller ocean-energy installations, improved coordination of regulatory processes and an informed selection of potential ocean-energy sites.

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