Tidal Power RECs Being Sold for the First Time in U.S.
Ocean Renewable Power Company (ORPC) is selling the first-ever renewable energy certificates (REC) generated from a grid-tied tidal power facility. 3Degrees is the sole purchaser of the RECs which are being generated by ORPC’s Maine Tidal Energy Project. The project is located in the Bay of Fundy, between eastern Maine and Canada, which has a tidal range of 50 feet, one of the largest in the world. The generated electricity is fed in the Bangor Hydro Electric Company power grid for distribution through northern and eastern Maine. ORPC will steadily increase the project’s generation capacity to 5 megawatts (MW) over the next several years.
See the Full Press Release Here- Nations First Tidal Power RECs Delivered to 3Degrees