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Wednesday, May 4, 2011

$496,000 in state grants to propel wave-energy projects closer to Oregon’s ocean.











Aquamarine Power, a firm located in Scotland, UK, has found its home in Newport, Oregon. A combination of state grants totalling $496,000 has led to the testing and developing of wave-energy projects in Oregon’s ocean. This new product by Aquamarine Power is known as the Oyster and can generate 100 megawatts of power.

The zoning of the ocean is part of the many issues with moving forward on the current project of testing the Oyster on the Oregon coast. Right now, to test the Oyster, it will require a lease to Aquamarine Power for 7,000 acres of ocean just off the Oregon Coast. Zoning this amount of ocean space will take several coordination efforts to move the project further. Until, the state makes a decision there is need of community support to help the project move forward.

Read more: http://www.oregonbusiness.com/articles/99-may-2011/5162-waiting-for-wave-energy?start=2

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