Wave Power set for Oregon Coast
It looks like wave power is set for the Oregon coast. Two major projects off the coast are planned to start generating electricity from the power of waves. Wave generators utilize the constant motion of waves and currents to power a generator that produces electricity. This is exciting news to hear that a new form of clean and renewable energy will soon hit the energy market. The company’s PowerBuoy’s have a piston-like structure inside that moves as the buoy bobs with the rise and fall of the waves.
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New Jersey based company, Ocean Power Technologies (Nasdaq: OPTT), recently signed a deal to demonstrate wave power generation on the Oregon Coast. They are to spend $500,000 to install their ocean powered demo Buoy system. These systems in particular will be located near Reedsport, Oregon and most of the buoy will be submerged into the water at depths between 100ft to 150ft. The current deal is for a 150 kilowatt PowerBuoy, with plans to initially generate a total of 2 MW approximately 2 1/2 miles off the coast. Ocean Power said Pacific Northwest Generating Cooperative has an option to buy into or purchase power from the planned future upgrade to 50 MW at the wave power park.
Australia based Oceanlinx Limited is planning a much larger construction project off the coast of Florence, Oregon. These guys want to build a system of buoys that are platform big. They will build something that looks similar to oil platforms: three hundred thirty tons big, and 23ft above sea level. The wave-energy generators that Oceanlinx is proposing will be in an area that starts a half-mile offshore and goes three miles out, extending six miles north and south. There will be 10 four-legged structures that measure 115 feet by 49 feet, not counting the cables and anchors that will keep them bound to the underwater sand. With those anchors, the footprint is 107,584 square feet.
If all goes well with permitting, Oceanlinx expects to file its application for a license in three years and deploy its first wave energy units thereafter.
All of these projects could generate several thousand jobs for the state of Oregon which has the potential to boost the state economy. I personally believe in the wave power and would like to see these projects start. From an environmental standpoint, there are some issues with the footprint these machines may affect as far as the eco-system goes, however, as long as careful placement and studies are done to prevent the worst effects are conducted then I am sure that projects like these can proceed forward with minimal impact.



