FERC OKs License for Hydrokinetic Energy Project
December 27, 2007
The Federal Energy Regulatory Commission (FERC) issued the first license for a hydrokinetic energy project. The license was issued to Finavera Renewables Ocean Energy, Ltd. for construction and operation of a wave energy conversion system in the Pacific Ocean at Makah Bay in Washington State. The license is conditioned on the company obtaining all other necessary permits and authorizations prior to commencing construction. When and if constructed, the project would consist of four 250-watt steel wave energy conversion buoys and an associated mooring/anchoring and electrical connection system. (HK Law)
Related News
ESG Invests in Shipbuilding Infrastructure
Van Oord Launches Giant Offshore Wind Installation Vessel
Russia Steps in After India Drops Safety Cover for Sanctioned Vessels
Collapsed Baltimore Bridge Blasted into Pieces
Salvors Set to Blast Collapsed Baltimore to Pieces