Oregon Wave Energy Trust

Why Support the Oregon Wave Energy Trust?

The ocean is the largest, most concentrated supply of renewable energy on earth. Some experts have estimated it has the potential to provide 10 percent of the world’s energy. In Oregon, our goal is to have wave energy producing 2 MW of power by 2010 – enough for about 800 homes – and 500 MW by 2025.

Wave energy is one part of a comprehensive alternative energy solution for Oregon and the only source of energy – thanks to a combination of characteristics unique to the state – where Oregon has a clear competitive advantage. The wave energy industry has the potential to deliver significant economic benefits to the state.

The Oregon Wave Energy Trust is working with stakeholders statewide – fishing and environmental groups, coastal communities and industry, government agencies and other partners – to responsibly develop this new industry and establish Oregon as the North American leader in wave energy. The work we do is the real benefit we offer our members:

• We work everyday with different stakeholders to understand their concerns, listen to their ideas and share information in a two-way stream.
• We are conducting research that will independently answer many environmental and socio-economic questions.
• We are working with policymakers to understand and reduce barriers to development.
• We are working with utilities and others to create an efficient marketplace for wave energy.

The three key ingredients needed to become a global leader in this clean, sustainable energy are starting to come together for Oregon – an unending supply of ocean energy, emerging technological knowledge to harness that energy and a promising marketplace to supply that energy to the grid. Now, we need your help turn innovation into reality.

Become a member. Get involved. Stay informed.