Editors Note: The seventh annual Oregon Wave Energy conference went underway on the 26th and 27th of September in Portland, Oregon. In attendance was OREC’s very own Damian Kunko who gave a presentation on the current state of Marine Hydrokinetic Technology in the United States. For more information about the conference, visit Oregon Wave Energy Trust. […]
Marine Hydrokinetics and Renewables in the 2012 Presidential Election by Andrew Keene Editor’s Note: What can marine and hydrokinetic (MHK) technology developers expect from the two presidential candidates? Not surprisingly, MHK does not play a significant role in either the Republican or Democratic party platforms if only because it is still an emerging […]
Well it’s been a great summer with the Ocean Renewable Energy Coalition, and it’s hard to believe it’s coming to an end so soon. In just two months working for OREC, I have gained substantial knowledge about the topic of marine hydrokinetic energy and experience navigating the congressional arena. Through my work with OREC, I’ve […]
On Friday August 3rd, representatives from OREC and SMI met with Commissioner Norris of the Federal Energy Regulatory Commission (FERC) to discuss how FERC could play a larger role in launching marine hydrokinetic (MHK) projects. Damian Kunko of SMI gave the Commissioner an overview of current MHK research and development including the recent deployment of […]
For the first time ever, a U.S. company is launching a full-scale commercial marine hydrokinetic generator. Ocean Renewable Power Company (ORPC) of Maine dedicated this energy project, which will become operational in September, at a ceremony in Eastport on Tuesday. The generator will eventually become integrated into a system of 20 underwater turbines that will […]
On July 24, 2012, OREC President Sean O’Neill attended the ORPC Tidal Energy Project Dedication in Eastport, Maine and delivered the following remarks to a crowd of approximately 200. “Good morning. Thank you Chris for your kind introduction and for having me join you all today for this great event. It was 2005 when ocean renewable […]
On Thursday July 12, 2012, the House Committee on Energy and Commerce held a hearingto discuss the “No More Solyndras Act,” a bill to cease all new loan guarantees for energy companies issued by the Department of Energy (DOE) and to thoroughly investigate the merits of any applications currently in process. The bill also prohibits the restructuring of […]
Today the Senate Committee on Energy and Natural Resources met to discuss China’s effort in clean energy and how we can collaborate and/or compete with them to gain a foothold in the clean energy industry. The chairman of the committee Senator Jeff Bingaman started off the hearing saying that he has been impressed with China’s […]
Yesterday, the Senate Finance Committee had a members meeting to discuss extending the renewable energy production tax credit 1603 that currently allows an income tax credit of 2.2 cents per kilowatt-hour. This tax credit is set to expire at the end of 2012 for wind energy and at the end of 2013 for other renewable sources. Representatives […]
Senators Coons of Delaware and Moran of Kansas introduced a bill on Thursday that would allow the renewable energy industry access to tax advantages by forming Master Limited Partnerships (MLP). MLPs are companies that are taxed as partnerships but whose stocks can be traded on the market. Up to this point, only fossil fuel enterprises were allowed […]
