Oregon Wave Energy Trust

Industry News

Media Inquiries: Cate Millar : 503.781.9966 : cmillar@oregonwave.org

Video — Energy 101: Marine and Hydrokinetic Energy

April 30th, 2013

Energy Department Announces $13 Million to Advance Ocean Energy Technologies and Launches New Video on Water Power

April 30th, 2013

The Energy Department announced today up to $13 million in funding to develop and test advanced components and technologies to boost the performance of marine and hydrokinetic (MHK) energy systems. The Department plans to select up to 10 awards aimed at developing advanced controls, power systems, and device structures specifically for MHK applications, which harness.. [read more]

Bill would force firms to remove wave-energy buoys

April 29th, 2013

By JONATHAN J. COOPER Oregon lawmakers don’t want the state to get stuck with the bill if a wave-energy company installs equipment off shore and then goes belly up. The Senate voted Monday to require that companies experimenting with wave energy in Oregon’s territorial waters show they have enough money to recover their equipment when.. [read more]

Offshore wind and marine hydrokinetic (MHK) technologies training session

April 25th, 2013

As BOEM prepares for proposed future renewable energy projects offshore the West Coast and Hawaii, they are initiating a proactive outreach initiative with the Department of Energy’s National Renewable Energy Laboratory (NREL) to educate both the BOEM State Intergovernmental Task Force and the public on offshore renewable energy technologies best suited for areas on the.. [read more]

Wind energy company works toward Coos Bay project

April 20th, 2013

By Thomas Moriarty For the first time in recent history, South Coast fisherman are on board with an offshore industrial project. Nick Edwards, a representative of the Southern Oregon Ocean Resource Coalition, said the organization supports Principle Power’s plans for a 30-megawatt wind energy flotilla off the South Coast. “It’s better to work with these people.. [read more]

U.S. sees surge in renewable marine energy

April 12th, 2013

By Julia Pyper In meeting America’s energy needs, the marine hydrokinetic industry could be the wave of the future. Harnessing tides, currents and waves produces clean, domestically sourced power that could generate up to one-third of the United States’ total electricity usage, according to Department of Energy. It’s also an industry growing on U.S. shores.. [read more]

FOA: Marine and Hydrokinetic (MHK) Environmental Effects Assessment and Monitoring

April 10th, 2013

In conjunction with the National Oceanographic Partnership Program (NOPP), the Department of Energy (DOE), Office of Energy Efficiency and Renewable Energy (EERE), Wind and Water Power Technologies Office (WWPTO), is issuing a Funding Opportunity Announcement (FOA) entitled “Marine and Hydrokinetic (MHK) Environmental Effects Assessment and Monitoring.” The DOE is working closely with the Bureau of.. [read more]

Oscilla Power, Inc. Successfully Completes First Field Trial of its Magnetostrictive Wave Energy Generator

March 26th, 2013

Testing To Continue Off The New Hampshire Coast This Summer Oscilla Power, Inc. (OPI) announced that it has successfully completed a field trial of its wave energy technology in Lake Washington. Deployed in early January in the northern part of the lake, two of OPI’s wave power harvesters operated continuously for nine weeks, generating electricity.. [read more]

Offshore Wind: Principle Power announces partners for Pacific WindFloat project

February 21st, 2013

Renewable energy technology developer, Principle Power – awarded a Department of Energy grant worth $4M and up to $47M in total funding to support its WindFloat Pacific Demonstration Project. – has announced its list of official project partners. The list of partners for the WindFloat Pacific Demonstration Project include: Siemens Wind Power, MacArtney Underwater Technology,.. [read more]

New Video Charts Local Supply Chain Investment

February 11th, 2013

A new video charting the multi-million pound investment by Orkney companies in specialist vessels to support the marine renewable energy industry has been posted online by Orkney Islands Council. More marine renewable energy devices have been deployed in Orkney waters than at any other single site in the world, and this has brought a number.. [read more]

For more industry news visit OWET affiliate, Ocean Renewable Energy Group (OREG).

Reaching Out

Did You Know?

Oregon is a leader in wave energy.

Oregon focuses on a collaborative model for getting wave energy projects in the water.

That Oregon’s Coastline is among a few places in the world that has the key elements to tap into wave energy?

That Oregon can enjoy an abundance of energy generated by ocean waves?

That our state contains internationally- recognized experts who are leading efforts to responsibly develop wave energy?

That Oregon has capacity to build, maintain and deliver sustainable wave energy power to the grid?

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Membership

Join Us.

Become a member for Oregon’s future.

Why support Oregon Wave Energy Trust?

Wave energy is one key part of the comprehensive alternative energy solution for Oregon. And thanks to a combination of unique characteristics is the only source of energy where Oregon enjoys such a clear competitive advantage. As a result, Oregon’s wave energy industry provides myriad opportunities to deliver significant economic benefits to the state.

Oregon Wave Energy Trust (OWET) works closely with our state- wide stakeholders: fishing and environmental groups, coastal communities and industry, government agencies and other partners in responsibly developing this new industry while establishing Oregon as the North American leader in wave energy. The work that we do is the real benefit we offer our members.

Our Founding Partners

Oregon Wave Energy Trust was funded in part with Oregon State Lottery Funds administered by the Oregon Business Development Department. It is one of six Oregon Innovation Council initiatives supporting innovation and long term economic growth.