NNMREC Selects Newport, Oregon as Site of Pacific Marine Energy Center

CORVALLIS, Ore.  – The Northwest National Marine Renewable Energy Center, or NNMREC, which is based at Oregon State University, has chosen Newport, Ore., as the future site of the first utility-scale, grid-connected wave energy test site in the United States – the Pacific Marine Energy Center.   The Pacific Marine Energy Center, or PMEC, will [...]

William F. Tayler Joins SMI as Senior Advisor

SMI would like to welcome Mr. William F. Tayler to our Senior Advisor team. Mr. Tayler brings over 40 years of Department of Navy energy program development and management experience.   Mr. Tayler comes to SMI as a former Director for Shore Energy, Office of the Deputy Assistant Secretary of Navy (Energy). Prior to holding [...]

Fiscal Cliff, Tax Credit Extension, and more…

Early this week the 112th Congress approved and the President signed into law legislation to address a portion of the fiscal cliff mostly focused on expiring tax provisions, including the Production Tax Credit (PTC) for renewable energy.  Although the PTC for Marine Hydrokinetics (MHK) was not due to expire for another year (end of 2013), [...]