Wave Energy Developer Pulls Plug On Oregon Project – Earthfix


Developers have scrapped their plans to build the nation’s first large-scale wave energy project off the Oregon Coast, saying the costs were too high to make it work. The much-anticipated project would have placed a flotilla of 100 energy-producing buoys, each the size of a school bus, in the waves off the coast of Reedsport, Ore. The project’s developer, Ocean Power Technologies, surrendered its preliminary permit with the federal government, Oregon regulators disclosed Monday. Devan Schwartz reports. (EarthFix)

http://earthfix.kcts9.org/energy/article/wave-energy-developer-pulls-plug-on-oregon-project/

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