Not Logged In Log In   Sign Up   Points Leaders
Follow Us    3:29 AM

GasBuddy News Article

45
votes
Ocean Power Gets License for First U.S. Wave-Energy Project

Bloomberg -- Ocean Power Technologies Inc. (OPTT) received permission to build the first commercial wave-power plant in the U.S.

The approval validates the New Jersey-based company’s technology to convert sea motion into electricity and may lead to additional commercial marine-energy projects, said CEO Charles Dunleavy.

“The 35-year term of the license demonstrates the commercial potential of wave power, and this will support initiatives to secure financing for the project,” he said in the statement.

The project comprises 10 PowerBuoys tethered to the sea floor which generate power as waves and tides move them up and down. It will generate enough power for about 1,000 homes, according to Ocean Power.

The first PowerBuoy, which received funding from the U.S. Energy Department, is expected to


Read the Full Article

Submitted Aug 21, 2012 By: Martinman
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Ocean Power Gets License for First U.S. Wave-Energy Project Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
carranco
Champion Author Georgia

Posts:1,029
Points:340,755
Joined:Dec 2008
Message Posted: Aug 21, 2012 10:32:51 PM

I thought it sounded pretty good until I realized that I was funding it.
Profile Pic
gasokie
Champion Author Oklahoma

Posts:4,227
Points:1,595,720
Joined:May 2007
Message Posted: Aug 21, 2012 7:50:13 PM

A waste of a beach and a waste of money. These same wackos gripe 'cause on a clear day you can see oil dericks way off on the horizon in Santa Barbara. Ever see one of these Rube Goldburg Machines?
Profile Pic
pulpwood
Champion Author Mississippi

Posts:7,394
Points:1,866,355
Joined:Sep 2006
Message Posted: Aug 21, 2012 7:45:37 PM

good to here.
Profile Pic
jbrad4
All-Star Author Dallas

Posts:858
Points:742,935
Joined:Nov 2010
Message Posted: Aug 21, 2012 4:54:52 PM

Good renewable energy. Helps get us off of OPEC oil.
Profile Pic
BurtB
Champion Author Los Angeles

Posts:7,923
Points:1,621,580
Joined:Jun 2006
Message Posted: Aug 21, 2012 2:28:22 PM

as soon as this technology can make a profit, Martinman will be against it
Profile Pic
qwerty17
Champion Author New Jersey

Posts:5,036
Points:1,437,435
Joined:Oct 2009
Message Posted: Aug 21, 2012 12:41:57 PM

what about the helpless algae & amoebas?
Profile Pic
schatzila
Champion Author Los Angeles

Posts:5,986
Points:1,226,545
Joined:Jun 2010
Message Posted: Aug 21, 2012 11:29:00 AM

good idea
Profile Pic
NukeAtComEd
All-Star Author Milwaukee

Posts:725
Points:348,595
Joined:Jan 2011
Message Posted: Aug 21, 2012 8:15:23 AM

wait till the fishing industry and native american salmon fisheries see the destruction of their livelihoods, just like the wind turbines are slaughtering birds and bats - never mind the environmental impact statements, nothing to see here, just move along with the rest of the mindless sheep who love "green" energy!
Profile Pic
taxiken
Champion Author Twin Cities

Posts:7,620
Points:1,882,425
Joined:Feb 2003
Message Posted: Aug 21, 2012 7:55:02 AM

Ok.
Profile Pic
SUNOIL
Champion Author Toledo

Posts:6,917
Points:2,254,210
Joined:Jul 2007
Message Posted: Aug 21, 2012 7:50:48 AM

Can't see us running out of that.
Profile Pic
ss70
Champion Author Detroit

Posts:11,774
Points:2,179,330
Joined:Sep 2005
Message Posted: Aug 21, 2012 7:49:08 AM

Some one will start crying out for fish or some algae soon.
Profile Pic
sljbc475
Champion Author Tucson

Posts:5,893
Points:1,207,075
Joined:Dec 2010
Message Posted: Aug 21, 2012 7:48:52 AM

Keep it affordable and profitable.
Profile Pic
MrZarf
Sophomore Author Baltimore

Posts:166
Points:933,330
Joined:Mar 2011
Message Posted: Aug 21, 2012 6:59:09 AM

Each PowerBuoy can power 100 homes? I gotta see this one to believe it...
Profile Pic
doeslayersr
Champion Author Illinois

Posts:11,212
Points:1,208,205
Joined:Dec 2010
Message Posted: Aug 21, 2012 6:59:00 AM

A REPOST of a previously posted article.
Profile Pic
trashmandan33
Sophomore Author Huntsville

Posts:219
Points:661,350
Joined:Jan 2010
Message Posted: Aug 21, 2012 6:49:58 AM

Wow
Profile Pic
me2too4c
Veteran Author New York

Posts:400
Points:483,980
Joined:Jul 2012
Message Posted: Aug 21, 2012 6:23:23 AM

wow that is good and no pollution
Profile Pic
ClarkSC
Champion Author South Carolina

Posts:4,690
Points:1,346,455
Joined:May 2010
Message Posted: Aug 21, 2012 6:15:32 AM

This project has promise.
Profile Pic
yardslave
Champion Author Oklahoma City

Posts:4,257
Points:933,210
Joined:Dec 2005
Message Posted: Aug 21, 2012 6:06:39 AM

Show me
Profile Pic
el_fr
Champion Author Massachusetts

Posts:5,027
Points:1,083,655
Joined:Apr 2011
Message Posted: Aug 21, 2012 6:01:42 AM

Worth watching
Profile Pic
ktyson13
Champion Author Maryland

Posts:2,111
Points:564,725
Joined:Aug 2010
Message Posted: Aug 21, 2012 6:01:09 AM

Easy money!
Profile Pic
Wally3023
Champion Author Pennsylvania

Posts:3,331
Points:824,750
Joined:Sep 2011
Message Posted: Aug 21, 2012 5:58:02 AM

Go for it
Profile Pic
335d1
Champion Author Virginia

Posts:4,066
Points:1,082,195
Joined:Feb 2011
Message Posted: Aug 21, 2012 5:56:15 AM

Interesting technology. Now to see how it works.
Profile Pic
grandpadon28110
Champion Author Charlotte

Posts:6,400
Points:1,477,510
Joined:Sep 2008
Message Posted: Aug 21, 2012 5:53:35 AM

So.
Profile Pic
Xavier80
Champion Author Victoria

Posts:2,355
Points:651,955
Joined:Apr 2012
Message Posted: Aug 21, 2012 5:49:25 AM

ok
Profile Pic
Joeski1
Champion Author New Jersey

Posts:12,384
Points:2,078,485
Joined:Dec 2004
Message Posted: Aug 21, 2012 5:32:58 AM

This is awesome. Only about 20 years behind other countries, but still a major step forward.

Wave motion hydro power!

Endless , limited only by our ability to capture it, and clean!

One Part of the motherlode of the simple 4.

Wind, sun, water (hydro) and earth (geo)

[Edited by: Joeski1 at 8/21/2012 6:36:43 AM EST]
Profile Pic
StArrow68
Champion Author Oakland

Posts:4,986
Points:1,695,770
Joined:Apr 2003
Message Posted: Aug 21, 2012 4:32:04 AM

I'm betting Solyndra said govt loans validated their technology, too. This validates nothing, becoming profitable will valIdate this venture.
Profile Pic
TXryder
Champion Author Texas

Posts:4,691
Points:765,225
Joined:Jan 2012
Message Posted: Aug 21, 2012 2:16:16 AM

What a flaky way to utilize energy from the ocean current. Why not use some type of turbines instead.
Profile Pic
tco9436
Champion Author Connecticut

Posts:2,488
Points:1,011,760
Joined:Mar 2010
Message Posted: Aug 21, 2012 2:05:01 AM

Time will tell
Profile Pic
teafortwo
Champion Author Washington

Posts:25,468
Points:1,717,265
Joined:Feb 2009
Message Posted: Aug 21, 2012 1:57:18 AM


Follow the science. Thanks for sharing Martinman ;0}
Profile Pic
jcdakota
Champion Author Baltimore

Posts:1,618
Points:415,920
Joined:Nov 2010
Message Posted: Aug 21, 2012 1:55:13 AM

But are they hurricane proof????
Profile Pic
speedys
Champion Author Utah

Posts:8,700
Points:2,895,455
Joined:Nov 2005
Message Posted: Aug 21, 2012 1:54:58 AM

It still hasn't been built yet.
Profile Pic
TheHermit
Champion Author Maine

Posts:3,452
Points:194,315
Joined:May 2012
Message Posted: Aug 21, 2012 1:53:04 AM

Hope it's out of the fishing area so they don't get snagged with those nets.
Profile Pic
Z06KY
Champion Author Louisville

Posts:6,864
Points:1,242,465
Joined:Nov 2010
Message Posted: Aug 21, 2012 1:53:02 AM

I agree hope it works.
Profile Pic
jmaustin80
Sophomore Author Alaska

Posts:159
Points:203,375
Joined:Mar 2012
Message Posted: Aug 21, 2012 1:52:14 AM

Hope it works correctly.
Profile Pic
kosciak
Champion Author Hartford

Posts:1,106
Points:785,575
Joined:Aug 2011
Message Posted: Aug 21, 2012 1:49:35 AM

ok
Profile Pic
defiancegasman
Champion Author Ohio

Posts:7,188
Points:1,355,355
Joined:May 2006
Message Posted: Aug 21, 2012 1:27:23 AM

Use any source that works!!
Profile Pic
comprof
Champion Author Houston

Posts:8,677
Points:1,692,425
Joined:Jul 2009
Message Posted: Aug 21, 2012 1:22:54 AM

Lots of energy there if it can be captured economically. There are a lot of uninhabited islands out there that need electricity.
Profile Pic
Retowered
Champion Author Colorado

Posts:10,260
Points:3,023,190
Joined:May 2004
Message Posted: Aug 21, 2012 1:20:42 AM

Good news.
Profile Pic
leemun
Champion Author Utah

Posts:7,255
Points:1,370,265
Joined:May 2010
Message Posted: Aug 21, 2012 1:19:44 AM

How will this affect the sea turtles?
Profile Pic
dieselgus1
Champion Author Montana

Posts:1,419
Points:666,800
Joined:Oct 2009
Message Posted: Aug 21, 2012 1:16:25 AM

first big step in developing a technology like this. lets hope it works well.
Profile Pic
nurdco
Champion Author Colorado Springs

Posts:11,749
Points:2,032,265
Joined:Apr 2008
Message Posted: Aug 21, 2012 1:14:31 AM

Moon propulion...
Profile Pic
jimpeel
Veteran Author Colorado

Posts:469
Points:112,505
Joined:Mar 2005
Message Posted: Aug 21, 2012 1:14:11 AM

This technology has been around for decades. Once the anti-capitalist eco-terrorists get wind of this they will start filing slap suits to stop it. After all the Grunion won't run, or some such make believe fantasy; and that will take precedence over human needs.

[Edited by: jimpeel at 8/21/2012 2:16:15 AM EST]
Profile Pic
Canucktree
Champion Author Alberta

Posts:6,135
Points:1,297,505
Joined:Dec 2008
Message Posted: Aug 21, 2012 1:12:39 AM

Tide and wave technology have been used for years,
Profile Pic
wally52
Champion Author Little Rock

Posts:31,836
Points:1,151,950
Joined:Jan 2011
Message Posted: Aug 21, 2012 1:07:16 AM

This is good news.
Profile Pic
Matt G
Champion Author Boston

Posts:6,212
Points:3,109,050
Joined:Jun 2004
Message Posted: Aug 21, 2012 1:07:03 AM

Good
Profile Pic
mfeldstein
Champion Author Ottawa

Posts:9,742
Points:2,244,355
Joined:Feb 2007
Message Posted: Aug 21, 2012 1:04:02 AM

Good news. Right?
Profile Pic
Rooster922
Champion Author Wilmington

Posts:3,980
Points:874,320
Joined:Jan 2009
Message Posted: Aug 21, 2012 1:00:43 AM

Great
Profile Pic
prius22
Champion Author Twin Cities

Posts:4,117
Points:725,000
Joined:Apr 2012
Message Posted: Aug 21, 2012 12:57:41 AM

Cool
Profile Pic
SHEP20715
Champion Author Maryland

Posts:10,160
Points:2,050,895
Joined:Nov 2007
Message Posted: Aug 21, 2012 12:54:33 AM

interesting
Profile Pic
gmcgas
Champion Author Atlanta

Posts:7,700
Points:2,050,840
Joined:Mar 2004
Message Posted: Aug 21, 2012 12:52:36 AM

wonder how much we are on the hook for? hope it works.
Post a reply Back to Topics