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December 20, 2007 at 4:49 PM

Ocean energy gets federal nod

On Thursday the Federal Energy Regulatory Commission issued the first license for an ocean wave energy project — off the coast of Washington state.

The license, given out to B.C.-based Finavera Renewables, is for a pilot project in Makah Bay.

“Hydrokinetic projects have tremendous potential,” FERC Chairman Joseph T. Kelliher said in a statement. “The issuance of today‚Äôs license is a major step toward realizing that potential, by authorizing a pilot project to demonstrate this promising new technology.”

The Seattle Times’ Sandi Doughton recently wrote a story about the potential of wave energy. Unfortunately for Finavera, its test buoy in the Oregon coast sank one day before engineers were going to remove it.

The project will look somewhat like this (courtesy of Finavera):

AquaBuOY.jpg

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