Markey/Waxman legislation on Climate Change Released; News for Marine Renewables Developers

On May 15, 2009, Representatives Waxman and Markey released the American Clean Energy and Security Act of 2009 (ACES) (H.R. 2454) comprehensive energy legislation to deploy clean energy resources, increase energy efficiency, cut global warming pollution, and transition to a clean energy economy. This brief summary focuses on key provisions of the the bill relevant […]

Marine Renewables News Round-Up

Here’s a quick round up of some recent developments and interesting news items from the past two weeks: The Scottish Saltire Prize – the largest single innovation prize for marine renewables –  which I posted about a year ago continues to attract international attention.   According to this story, 100 entities from 23 different countries worldwide have submitted entries […]

FERC FY10 Budget Shows Limited Growth For Marine Renewables

We at OREC recently reviewed FERC’s FY10 Budget to see if we could glean any insights about the future of the marine renewables industry. Going by FERC’s budget predictions, there won’t be much significant growth in the marine renewables industry, at least over the next two years.  From the budget document: Since FY 2007, FERC has experienced […]

Good News! President’s Budget Released

Good news!  The President’s FY10 budget request to Congress that was just released (view it here) includes $30 million for the Water Power R&D program.  By comparison, President Bush’s budget request for FY09 was only $3 million.  By the end of the appropriations cycle for FY09, Congress had appropriated $40 million for the water power […]