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OREC Update May 24, 2013

Welcome to OREC Update

With so much activity related to the marine and hydrokinetic industry taking place, OREC is committed to keeping our members up to date on the latest developments.  For those who seek even more frequent news, please follow us at @oceanrenewable on Twitter where we post several times a week - or check our blog at the OREC Website which is another source of recent news.

By the way, if you find these updates valuable and want to support them, sponsorship opportunities are available. The updates are distributed to over 7500 subscribers and recirculated on the OREC website and through various social media channels. For information about sponsorship opportunities, send an email to info@oceanrenewable.com.

FOA Deadline Coming Soon! OWET Offers Matching Funds for Oregon-based Projects.

The deadline for responses to the Department of Energy's FOA on Marine and Hydrokinetic (MHK) System Performance Advancement (DE-FOA-000848) closes on June 3, 2013. The objective of the FOA is to advance technology performance of existing MHK systems through development and application of innovative components built specifically for MHK applications.  Details on the FOA and a link to the full solicitation can be accessed here.

On May 17, 2013, the Oregon Wave Energy Trust announced a matching grant program for successful applicants of FOA-000848.  To qualify, successful applicants must perform a significant portion of the project in Oregon. Up to $100,000 in matching funds will be made available through the program.  The solicitation is available until the close of the FOA. For details, see the OWET Solicitation.


OREC Says Go-REC!

Earlier this week, OREC member ORPC,  a Maine-based tidal company, delivered the first ever renewable energy certificates (RECs) associated with an operational, grid-connected tidal facility. 3Degrees Inc, one of the nation's leading providers of renewable energy and carbon offsets, purchased the RECs pursuant to a three year contract.  RECs are an important project asset because they provide an additional stream of revenue.  RECs represent the environmental attributes of a renewable energy project which may be sold separately from the power itself - and are frequently used by utilities to meet their obligations under a renewable portfolio standard.  ORPC's REC delivery stands as milestone in the annals of offshore renewable industry because never before has an operational offshore renewable project of any kind produced and sold RECs. One small step for ORPC; one enormous step in moving the industry forward. 

For details, see Subsea World News .

Read More:  http://apps3.eere.energy.gov/greenpower/news/news_template.shtml?id=1831
Chris
When he's not making history selling  the first offshore renewable energy credits (REC's) in the U.S., ORPC's CEO Chris Sauer enjoys being a grandfather. Seen here with daughter Amanda and grand daughter, Nina Akiko Milberg, just after receiving  "The Best in SBIR Tibbetts Award" from the U.S. Small Business Administration.
Innovative and Outstanding High-Tech Small Businesses Receive Tibbetts Awards

Release Date: Thursday, May 16, 2013

Release Number: 13-21

Contact: Dennis Byrne (202) 205-6567

Internet Address: http://www.sba.gov/news

WASHINGTON – The U.S. Small Business Administration (SBA) today honored eighteen high-tech small businesses and three individuals in Washington, D.C., for the critical role they play in research and development for the government and for their success in driving innovation and creating new jobs.

The Tibbetts Awards, given by SBA, honor outstanding small businesses and individuals who participate in the SBA's Small Business Innovation Research (SBIR) program. In addition, three past participants in SBIR who represent the very best of the 30-plus-year SBIR program were named to the third annual SBIR Hall of Fame class.

"The people who power our economy, make our industries more globally competitive and create new jobs are the outstanding and innovative entrepreneurs like those we honor with Tibbetts Awards,” said Karen Mills, SBA administrator. "In particular, our three 2013 Hall of Fame inductees illustrate how innovative entrepreneurs can continue to show strong economic growth and technical innovation, reminding us all how central the success of high growth small business can be to making our country more globally competitive.”

Read more...

http://www.sba.gov/about-sba-services/7367/628161
From our friends at the Northwest National Marine Renewable Energy Center: Sean Casey's Postcard from DC

As the plane swooped low over the Potomac in our final descent, we joked of being a modern day George Washington though in an airplane, not a wooden dingy. In some respects though, revolution was in the air. It's not the British keeping us in restraint this time around, but rather the belief that traditional energy sources are the only way forward…

Read More:

http://blogs.oregonstate.edu/nnmrec/2013/05/10/postcard-from-dc-gmrec/
The Energy Fix: Engineering Triumphs Over Wave and Tidal Forces

How water could be harnessed for roughly a third of U.S. annual electricity usage

By Erik Sofge

The Bottom Feeder

Water is 800 times denser than air, and building a gen­erator able to withstand the tremendous force it generates has hampered the development of next-gen hydropower. If engineers can harness its energy, water holds great potential: about 1,420 terawatt-hours per year, or roughly a third of U.S. annual electricity usage.

Water Energy: Engineers designed TidGen, which is 98-feet wide and 31-feet tall, for tidal bodies, such as bays, between 60 and 150 feet deep…

Read More:

http://www.popsci.com/science/article/2013-05/future-energy-water
Will New IRS Commencement of Construction Ruling Start Benefits for MHK?

NextGenerationenergyLaw.com

Produced by the Law Offices of Carolyn Elefant

Although the Energy Policy Act of 2005 recognized electricity generated from waves, tides, currents, ocean thermal gradient and other non-impounded, free flowing water resources (collectively, marine and hydrokinetic or MHK) as a bonafide renewable energy source, MHK technologies have rarely benefited from many of the federal tax incentives available to other renewables. That's because incentives like the production tax credit (PTC) or the investment tax credit (ITC) (which was extended to MHK under the American Recovery and Reinvestment Act of 2009 [ARRA]) frequently have stringent in-service dates that rarely align with the protracted permitted process for MHK.

Read More:

http://us2.campaign-archive1.com/?u=c415dae576d3d706d0444773c&id=db470ae416&e=1886709eb5#mctoc3
Everett, Potential Site for Tidal-Power Turbine Plant

An Irish company building turbines for the Snohomish PUD visited Everett to discuss the potential for a plant here

By Bill Sheets, Herald Writer

An Irish company that builds tidal-power turbines is exploring the possibility of locating a plant in Western Washington -- possibly in Everett.

Representatives of OpenHydroof Dublin visited Everett last week to discuss their technology with political and business leaders from Snohomish County, the region and the state. 

The Snohomish County Public Utility Districthas applied with the federal government for a license to start an experimental tidal-power project in Admiralty Inlet between Fort Casey State Park and Port Townsend.

If the $20 million project is approved -- a decision could come this summer -- the PUD would buy two turbines from OpenHydro.

Read More: http://www.heraldnet.com/article/20130520/NEWS01/705209941

DOE Releases Video on Ocean Renewables

Last month, the Department of Energy released a video on ocean renewables which illustrates the basics of how MHK devices capture energy from the motion of waves, tides and river currents. The informative video can be used by developers to educate stakeholders, investors and the public about the nuts and bolts of ocean energy. The video can be viewed here.

Ocean Renewables in the News

Carnegie Wave Energy receives first payment from desalination ...

Proactive Investors Australia

May 7, 2013

Carnegie Wave Energy (ASX: CWE) has received the first payment of $142,692 from the $1.27 million AusIndustry grant to support its CETO ...

Oregon

Last month, the Oregon Senate passed a bill require wave energy companies that site projects in Oregon's territorial waters show they have enough money to recover their equipment when they're done with it. Territorial waters include those waters up to three miles off the coast.  Moreover, if companies fail to remove equipment from the water within two years, they may face fines of up to $1000/day. The bill now moves to the House. More details here.


New Wave Glider Propulsion System Solar Power Assisted

Energy Matters

May 7, 2013

The Wave Glider is an unmanned marine vehicle (UMV) used as an ocean exploration, research and monitoring device and is equipped with a ...

New website provides comprehensive picture of wave energy trials

Phys.Org

Apr 30, 2013

Information collected during impact assessment activities at wave energy test centres across Europe is to be released through a new website.

Doing Wave Energy With No Moving Parts

EarthTechling-by Pete Danko

May 1, 2013

A novel method for generating power from ocean waves – one that uses no moving parts – will be tested off the coast of New Hampshire this ...

Sea Wave Energy launches new wave energy device

Renewable Energy Magazine (press release)

May 7, 2013

The new wave energy device, the Waveline Magnet wave energy converter (WM7), has been launched by Sea Wave Energy Ltd (SWEL) after ...

Grant moves wave-energy desalination pilot forward

desalination.biz-May 5, 2013

Work is now starting on the wave-energy desalination demonstration pilot plant being undertaken by Carnegie Wave Energy on Garden Island ...

DOE announces funding opportunity for wave energy technology ...

HydroWorld

May 2, 2013

A new funding opportunity from the U.S. Department of Energy could help finance marine power technology and component development with ...

Wales' First Full-Scale Tidal Energy Generator Receives Funding

CleanTechnica-by Joshua Hill

May 8, 2013

The funding comes from the European Regional Development Fund has been provided to Cardiff-based Tidal Energy Ltd for its DeltaStream ...

Local tidal power plans given boost

Digby Courier

May 9, 2013

Dana Morin of Fundy Tidal outlines some factors affecting development of tidal power in Digby County during a session Saturday in Digby.

Tidal energy potential in Aleutians blows expectations out of water

Alaska Dispatch

May 5, 2013

Tidal power technology is one of the newest forays into alternative energy. Its development has a long way to go, but its potential is raising ...

Scottish Daily Record

Scotland Teams Up With S. Korea to Expand Tidal Power Generation

Bloomberg

May 8, 2013

Scotland Teams Up With S. Korea to Expand Tidal Power Generation ... It offers one of the highest subsidies in the world for marine energy.

WalesOnline

Pembrokeshire tidal energy scheme in £1.6m EU boost

BBC News-May 1, 2013

A pioneering tidal energy project off the Pembrokeshire coast has been given a £1.6m boost from the European Union. Subject to harbour trials ...

Alderney moves forward with tidal energy

Channel Television

May 7, 2013

Alderney moves forward with tidal energy ... France are moving forward with plans to produce power from the strong tidal water between them.

Tidal project would bring hope of 2500 new jobs

Daily Post North Wales

May 10, 2013

Tidal Lagoon Power are currently working to bring a 250 megawatt (MW) tidal turbine project to Swansea Bay that would provide power to ...

Wales's full-scale tidal energy generator receives EU grant

Power Engineering Magazine

May 6, 2013

Cardiff-based Tidal Energy has received funds for its DeltaStream tidal energy device. The funds have been granted by the European Regional ...

Wales tidal energy project nabs $2.9 million in EU funding

UPI.com-May 3, 2013

A tidal energy project off the west coast of Wales has received $2.9 million in European Union funding, Welsh First Minister Carwyn Jones said ...

 

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