Ocean Included in Senate Energy Bill

Senate Passes Energy Bill 85-12 The United States Senate today passed the Energy Policy Act of 2005 with Ocean Renewable Energy Amendments covering the Renewable Energy Production Incentives, Mandatory Purchase Requirements, and Production Tax Credits for ocean renewable energy produced from tidal, current and wave technologies. Additionally, the bill includes language, similar to the House […]

Filed under Uncategorized · Tagged with

Become an OREC Member!

Membership Membership in the Ocean Renewable Energy Coalition (OREC) supports the promotion of ocean renewable technologies through direct lobbying and education efforts. Our oceans possess vast resources that can be engaged to provide electric energy, hydrogen, and fresh water  with the right technologies.  Our goal is to promote the responsible, renewable, sustainable use of these […]

Filed under Uncategorized · Tagged with

What Is Ocean Energy?

What is ocean energy? Ocean energy refers to a range of technologies that utilize the oceans to generate electricity.   Many ocean technologies are also adaptable to non-impoundment uses in other water bodies such as lakes or rivers.  These technologies are can be separated into three main categories: Wave Energy Converters:  These systems extract the power […]

Filed under Uncategorized · Tagged with

Cost Analysis of PTC for Wave By EPRI Ocean Project Manager

As discussed in this post, the Ocean Renewable Energy Coalition has filed testimony in support of a Production Tax Credit (PTC) for ocean, wave and current technologies.  We’ve also been working with contacts in the Senate to draft language for the PTC that’s broad enough to capture a wide range of  wave, tidal, thermal and […]

Filed under Uncategorized · Tagged with

OREC Files Testimony on Production Tax Credit Before House SubCommittee

Although newly formed, OREC is fast on its way to making an impact on national legislation.  Here, you can read OREC’s Written Testimony (Word document) before the Subcomittee on Select Revenue Measures of the House Committee on Ways and Means.  We’ll be working on the Senate side as well to ensure inclusion of a production […]

Filed under Uncategorized · Tagged with