Ocean Power Technologies

1st Commercial Hydrokinetic Projects Approved in US

New hydrokinetic energy technologies that generate electricity by harnessing the energy from ocean waves, tides, and river currents are advancing toward commercial development in the United States. They are not expected to add major power supplies anytime soon, but federal regulators this year approved licenses for two hydrokinetic energy projects to produce electricity from wave power buoys anchored off the Oregon coast and from underwater turbines driven by the current in New York City’s East River. […]