The first approved wave-power program in the United States has been given a green light for a pilot project in Makah Bay, a remote section of the Pacific Ocean just off of the northwestern tip of the Olympic Peninsula.
Finavera's (TSX: FVR.V ) (previous post) Makah Bay pilot plant will begin with four 250-kilowatt buoys anchored in an array 1.9 miles offshore. Electricity will be transmitted onshore using nearly four miles of underwater cable that eventually connects to a station on land that feeds into the Clallam County Public Utility District's power transmission grid. . . . more
According to the Seattle Post Intelligence, the Electric Power Research Institute estimates that waves off the Washington, Oregon and California coasts could produce from 250 to 500 terawatt-hours per year. A terawatt-hour is a million megawatt-hours, or a billion kilowatt-hours. The nation uses about 4,000 terawatt-hours of electricity every year. . . . more
In separate news item PG&E and Finavera Renewables announced the nation’s first commercial wave energy power purchase agreement for two megawatt (MW) of commercial wave energy. Located off the Northern California coast, the Humboldt County Offshore Wave Energy Power Plant will be developed by Finavera Renewables. The project is expected to begin delivering renewable, clean electricity in 2012.