Finavera Gains Permit in Oregon to Study Wave Energy

For Oregon’s proposed 100-MW Coos County wave energy project, Finavera Renewables can now proceed with analyses of oceanographic conditions, commercial and recreational activities, and other impacts potentially associated with the planned project after receiving preliminary permit approval by the U.S. Federal Energy Regulatory Commission (FERC).

The Preliminary Permit, valid for three years in the name of AquaEnergy Group Ltd., the company’s subsidiary, covers an offshore project study area of approximately 5.5 square miles, located in the Pacific Ocean west of Coos County. These preliminary site specifications will be subject to several studies as part of a feasibility assessment, including oceanographic conditions, marine biological resources, marine mammal resources, commercial and recreational activities, noise, public safety, visual impacts, and fishing, crabbing and other marine uses. The proposed Coos County project would use interconnected clusters of the company’s patented AquaBuOY wave energy devices. The project would have a generating capacity of 100 MW; the total annual generation from the project is estimated to be approximately 175 gigawatt-hours per year. “The Coos County project is part of the next step along our path to the commercialization of wave energy,” said Alla Weinstein, Director and General Manager, Ocean Energy. “Permitting activities for this project will be based on our experience gained in the Makah Bay pilot project, which is the first wave energy project to file for a FERC operating license.”
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