  
                      Energy from Oceans and Rivers to Power the U.S. Grid
                    Sep 08, 2010 - STATE DEPARTMENT RELEASE/ContentWorks 
                    There was the sun and the wind -- and now comes the power
                      of water. If the promise of this fledgling energy technology
                      holds true, it could eventually be as affordable and viable
                      as fossil fuel and nuclear power. 
                    In late 2010, Ocean Power Technologies (OPT) expects to
                      become the first ocean wave-energy company to produce power
                      for the U.S. electric grid. If things go as planned, the
                      New Jersey-based corporation would also become the world's
                      first to continuously produce wave-generated power for
                      public consumption. 
                    "We really believe we have an incredible source of
                      energy, and a source that is much more concentrated than,
                      for example, wind energy," said George Taylor, OPT's
                      founder and executive chairman. "We're late out of
                      the starting block, but we expect in three years to be
                      a very important part of the renewables game." 
                    Entrepreneurs who are exploring how to best harness energy
                      from waves, tides and currents in oceans and rivers --
                      so-called hydrokinetic power -- are starting small. 
                    Hydro Green Power, which today claims the nation's only
                      federally licensed hydrokinetic site in the Mississippi
                      River, began to sell power to the Minnesota grid in August
                      2009. The Texas-based company specializes in capturing
                      river currents downstream from existing locks and dams
                      where the water flows fast. 
                    The company's turbines near an existing hydroelectric
                      dam owned by the Minnesota town of Hastings produces power
                      for about 70 homes, based on average household use. Hydro
                      Green Power plans a number of projects for the Midwestern
                      and eastern United States that one day could serve thousands
                      of customers. 
                    OPT's first commercial project in Hawaii, made in collaboration
                      with the U.S. Navy, initially will produce enough power
                      to serve about 40 homes when it comes online in a few months.
                      Next, the company plans to open a wave-energy generating
                      station off the coast of Oregon in 2012 that will power
                      1,500 homes. 
                    OPT reached what's known as a stakeholder agreement with
                      citizen groups and state and federal agencies earlier this
                      month, paving the way for an official permit to operate
                      the wave-energy station. The company expects the Federal
                      Energy Regulatory Commission, the agency that regulates
                      U.S. power producers, to issue a full license for its first
                      Oregon project within a year. 
                    The U.S. government so far has issued about 140 preliminary
                      permits (PDF, 3.1MB) for hydrokinetic projects around the
                      country. 
                    Traditional hydropower plants, which use dams to generate
                      electricity, today account for about 10 percent of the
                      nation's power supply. With wave, current and tidal energy
                      plants coming online in the years ahead, water power eventually
                      could wean a significant number of American homes and businesses
                      off fossil-generated power that contributes to climate
                      change, officials say. 
                    POWER SOURCE CLOSE TO HOMES 
                    Unlike wind, which comes and goes, waves are constant
                      and predictable, Taylor said. The floating buoys used to
                      capture wave power have most of their equipment below the
                      surface of the water where it cannot be seen. That tends
                      to make them less controversial than wind turbines that
                      obscure views, he said. 
                    Another advantage, he said, is that power from ocean waves
                      is captured near coasts where about half the world's population
                      lives. 
                    After the first large-scale project in Oregon goes online
                      two years from now, OPT plans to get a second, bigger station
                      up and running along the same coast in 2013. The company
                      has received two grants worth a total of $3.5 million from
                      the U.S. Energy Department to develop its wave-power system. 
                    Oregon, in the Pacific Northwest, is known for its green
                      policies, and the state worked closely with OPT to get
                      the first power proposal reviewed by involved entities
                      in the area and to keep the project on track. The prospect
                      of getting new jobs in the area was part of the attraction. 
                    "The manufacture of the first buoy has already created
                      dozens of green-energy jobs in Oregon, and when the 10-buoy
                      wave power project is built, a whole new industry will
                      be created to benefit our coastal communities," Oregon
                      Governor Ted Kulongoski said in a recent statement. "This
                      is an exciting time for our state." 
                    (This is a product of the Bureau of International Information
                      Programs, U.S. Department of State. Web site: http://www.america.gov) 
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