MendoCoastCurrent, October 8, 2009
Ocean Power Technologies Inc. has signed an exclusive agreement with three Japanese companies to develop a demonstration wave energy station in Japan. Idemitsu Kosan Co., Mitsui Engineering & Shipbuilding Co. and Japan Wind Development Co. comprise this consortium and have invited OPT to become a member of this Tokyo Wave Power Initiative.
This [...]
Posts Tagged ‘OPT’
OPT Inks Deal to Test Wave Energy in Japan
Posted in Electricity Generation, Energy Research, Hydrokinetic Energy, Japan, Marine Energy, News, Ocean Energy, Renewable Energy, Tokyo Wave Power Initiative, Wave Energy, Wave Energy Trials, Wave Farm, tagged Electricity Generation, Idemitsu Kosan Co., Japan, Japan Wind Development, Mitsui Engineering & Shipbuilding Co., OPT, PowerBuoy, Renewable Energy, Tokyo Wave Power Initiative, Wave Energy, Wave Energy Trials on October 8, 2009 | 1 Comment »
U.K. Funding Massive Marine Energy Project
Posted in Britain, Electricity Generation, Energy Research, Environmental Issues, Europe, Funding, Hydrokinetic Energy, Marine Energy, Ocean Energy, Renewable Energy, Tidal Energy, UK, United Kingdom, Wave Energy, tagged Cornwall, Electricity Generation, Energy Funding, Energy Research, Environmental Issues, Funding, Ocean Power Technologies Inc., OPT, RDA, Renewable Energy, Severn Tidal Project, Socio-Economic Issues, Tidal Energy, U.K., Wave Energy, Wave Hub on July 15, 2009 | Leave a Comment »
EMMA WOOLLACOTT, TG Daily, July 15, 2009
The world’s largest wave farm is to be built off the coast of south-west England under plans announced today. Pledging an investment of £9.5 million ($15.6 million), Business Secretary Lord Mandelson dubbed the region the first “Low Carbon Economic Area”.
The Wave Hub project – a giant, grid-connected socket on [...]
Ocean Energy Moving Toward Commercialization
Posted in EPRI, Europe, Hydrokinetic Energy, Marine Energy, News, Ocean Energy, Ocean Thermal, Oregon, Renewable Energy, Sea Turbine, Tidal Energy, Tidal Stream, U.S., UK, Wave Energy, tagged BP, Chevron, EPRI, Europe, Lockheed Marting, Marine Renewables, Ocean Current, Ocean Energy, Ocean Thermal, OPT, Oregon, PG&E, Renewable Energy, River Hydrokinetics, Scottish Power, Shell, Tidal Energy, Tidal Stream, U.S., UK, Wave Energy on June 17, 2009 | Leave a Comment »
PETER ASMUS, Pike Research, June 17, 2009
The earth is the water planet, so it should come as no great surprise that forms of water power have been one of the world’s most popular “renewable” energy sources. Yet the largest water power source of all – the ocean that covers three-quarters of earth – has [...]
OPT Reaching Milestones with PowerBuoy in Scotland
Posted in EMEC, Electricity Generation, Marine Energy, News, Ocean Energy, Offshore Renewable Energy, Renewable Energy, Scotland, UK, Wave Energy, Wave Farm, tagged Electricity Generation, EMEC, Europe, European Marine Energy Centre, Manufacturing, Mark R. Draper, Ocean Power Technologies Inc., OPT, PowerBuoy, Renewable Energy, Scotland, UK, Wave Energy, Wave Energy Devices on June 11, 2009 | Leave a Comment »
EnergyCurrent, June 11, 2009
Ocean Power Technologies Inc. (OPT) has reached two major manufacturing milestones in the development of the company’s PB150 PowerBuoy, a wave energy converter that is to be ready for deployment at the European Marine Energy Centre (EMEC) in Scotland by the end of 2009.
The mechanical elements of the power take-off system of [...]
Worldwide Investments Increasing in Tidal, Wave and Hydrokinetic Energy
Posted in Australia, California, DOE, Dept. of Energy, EPRI, Economic Issues, Electricity Generation, Energy Research, Environmental Issues, Eureka, Europe, FERC, France, Funding, Hawaii, Humboldt, Hydrokinetic Energy, Marine Energy, News, Northern California, Ocean Energy, Renewable Energy, Research, Scotland, Sea Turbine, Tidal Energy, U.S., UK, US Energy Policy, United Kingdom, Wave Energy, Wave Energy Trials, tagged Aguçadoura, Alstom, Australia, California, Canada, Chevron, Concepts ETI, Cost of Wave Energy, Dept. of Energy, DOE, Economic Issues, Electricity Generation, Endesa, Environmental Issues, EPRI, Europe, FERC, France, Funding, Georgia Tech Research, Hawaii, Humboldt, Lockheed Martin, Northern California, Oceanlinx, OPT, Oregon State University, OTEC, OWC, Pacific Energy Ventures, PCCI, Pelamis, PG&E, Portugal, Re Vision Consulting, Renewable Energy, RWE, SAI, Scotland, Siadar, Siemens, Snohomish PUD, Tidal Energy, Tidal Turbines, U.S., UK, University of Hawaii, University of Washington, Verdant, Wave Energy on June 8, 2009 | 2 Comments »
JAMES RICKMAN, Seeking Alpha, June 8, 2009
Oceans cover more than 70% of the Earth’s surface. As the world’s largest solar collectors, oceans generate thermal energy from the sun. They also produce mechanical energy from the tides and waves. Even though the sun affects all ocean activity, the gravitational pull of the moon primarily drives the [...]
OPT Leaving California for Oregon Wave Energy
Posted in California, DOI, Dept. of the Interior, Electricity Generation, Eureka, FERC, Humboldt, Hydrokinetic Energy, MMS, Marine Energy, News, Northern California, OCS, Obama, Ocean Energy, Offshore Energy Plan, Offshore Renewable Energy, Oregon, President Obama, Renewable Energy, U.S., US Energy Policy, Wave Energy, Wave Energy Trials, tagged California, California Wave Energy, California Wave Energy Partners, Cape Mendocino, Dept. of the Interior, DOI, Electricity Generation, FERC, FERC Preliminary Permit, Humboldt, MMS, Ocean Power Technologies Inc., OCS, OCS Renewable Energy, OPT, Oregon, PG&E, President Obama, Renewable Energy, U.S., US Energy Policy, Wave Energy, WaveConnect on June 4, 2009 | Leave a Comment »
Excerpts from FRANK HARTZELL’s article in the Mendocino Beacon, June 4, 2009
Ocean Power Technologies’ subsidiary California Wave Energy Partners in it’s “wave energy project proposed off Cape Mendocino has surrendered its Federal Energy Regulatory Commission (FERC) preliminary permit, making two major companies that have abandoned the area in the past two weeks.
The moves come at [...]
OPT Oregon Wave Energy May Roll In Soon
Posted in Economic Issues, Economic Stimulus Plan, FERC, Funding, Hydrokinetic Energy, Marine Energy, News, Obama, Ocean Energy, Oregon, President Obama, Renewable Energy, U.S., US Energy Policy, Wave Energy, Wave Energy Trials, tagged Economic Stimulus Plan, FERC, FERC Preliminary Permit, Funding, Lockheed Martin, Obama, OPT, PowerBuoy, President Obama, Renewable Energy, U.S., US Energy Policy, Wave Energy, Wave Energy Blogger, Wave Energy Devices, Wave Farm on February 4, 2009 | Leave a Comment »
SUSAN CHAMBERS, The World, February 4, 2009
Coos Bay, Oregon — The jobs are coming, so Ocean Power Technologies insists.
OPT spokesman Len Bergstein said Monday the company wants to get stimulus funds from the federal government.
“We have a strong interest in presenting a project that would be jobs-ready right now,” Bergstein said.
OPT wants to get a [...]
Surprising Oregon Wave Energy FERC Permit Issued
Posted in Dept. of the Interior, FERC, Hydrokinetic Energy, Improper Practices, Legal Issues, MMS, Marine Energy, News, Ocean Energy, Oregon, Renewable Energy, U.S., US Energy Policy, Wave Energy, Wave Energy Trials, Wave Farm, tagged Comm. Terry Thompson, Dept. of the Interior, FERC, FERC Preliminary Permit, FERC Review Team, FINE, Fishermen, Gardiner, Ground Zero, Lincoln County, MMS, MOU, Newport, North Spit, OPT, Oregon, Renewable Energy, Rob Bovett, Southern Oregon, U.S., Wave Energy, Wave Energy Blogger, Wave Farm on February 4, 2009 | 1 Comment »
SUSAN CHAMBERS, The World, February 3, 2009
Coos Bay — The announcement came as a surprise to everyone.
The Federal Energy Regulatory Commission’s Thursday order issuing a preliminary permit for a 200- to 400-buoy wave energy project off of Newport shocked Ocean Power Technologies leaders as well as the public.
“It’s a project, a site that is not [...]
Lockheed, OPT Going for Wave Energy in the West
Posted in California, Electricity Generation, Environmental Issues, Hydrokinetic Energy, Issue, Marine Energy, Mendocino, Mendocino Coast Current, News, Northern California, Ocean Energy, Oregon, Renewable Energy, Research, Socio-Economic Issues, Spain, U.S., US Energy Policy, Wave Energy, Wave Energy Trials, Wave Farm, tagged California, Environmental Issues, Iberdrola, Lockheed, Lockheed Martin, Mendocino Wave Energy, MendoCoastCurrent, Northern California, Ocean Power Technologies Inc., OPT, Oregon, PowerBuoy, Renewable Energy, Socio-Economic Issues, Spain, U.S., US Energy Policy, Wave Energy, Wave Energy Blogger, Wave Energy Converter, Wave Energy Devices, Wave Farm on January 31, 2009 | Leave a Comment »
MendoCoastCurrent, January 31, 2009
On January 26, 2009, Lockheed Martin and Ocean Power Technologies agreed to work together to develop a commercial-scale wave energy project off the coasts of Oregon or California.
OPT is providing their expertise in project and site development as they build the plant’s power take-off and control systems with their PowerBuoy for electricity [...]
Scaleback Urged for Coos Bay Wave Energy
Posted in FERC, Hydrokinetic Energy, Issue, Marine Energy, News, Ocean Energy, Oregon, Renewable Energy, U.S., US Energy Policy, Wave Energy, Wave Energy Trials, Wave Farm, tagged Coos Bay, FERC, FERC Preliminary Permit, Gov. Ted Kulongoski, ODFW, OPT, Oregon, Renewable Energy, SOORC, Surfrider Foundation, U.S., US Energy Policy, Wave Energy, Wave Energy Devices, Wave Farm on January 28, 2009 | 1 Comment »
Susan Chambers, The World, January 26, 2009
Coos Bay, Oregon – Ocean Power Technologies is feeling pressure as local groups, the state and even the Federal Energy Regulatory Commission urge the company to shrink its 200-buoy Coos Bay plan.
Oregon Wave Energy Partners I, as Ocean Power Technologies, filed its notice of intent and preliminary application document [...]
Environmental Defense Fund Briefs Obama on Wave Energy
Posted in Dept. of Energy, Dept. of the Interior, FERC, Hydrokinetic Energy, Issue, MMS, Marine Energy, Mendocino Coast Current, News, OCS, Obama, Ocean Energy, Renewable Energy, Sea Turbine, U.S., US Energy Policy, Wave Energy, Wave Energy Trials, Wave Farm, tagged DOE, DOI, EDF, Energy Policy Act of 2005, Environmental Defense Fund, FERC, Jurisdictional Issues, MMS, Obama, Ocean Energy, OCS, OPT, President Obama, Renewable Energy, Steven Chu, Tidal Energy, U.S., US Energy Policy, Wave Energy, Wave Farm on January 7, 2009 | Leave a Comment »
DAVID EHRLICH, Earth2Tech/GigaOm, December 23, 2008
Ocean energy could have a big part to play under President-elect Barack Obama’s environmentally friendly administration, but a coalition that’s pushing for more wave and tidal power says change is needed to expand the number of projects in the U.S. Right now, there are only a handful of ocean energy projects [...]
OPT Gaining Traction in Wave Energy Projects
Posted in Dept. of Energy, England, Funding, New Jersey, News, Oregon, U.S., UK, US Energy Policy, United Kingdom, Wales, Wave Energy, tagged DOE, EMEC, Hawaii, Iberdrola, New Jersey, Ocean Power Technologies Inc., OPT, Oregon, Spain, U.S., UK, US Navy, Wave Energy, Wave Energy Devices, Wave Hub on December 15, 2008 | Leave a Comment »
MendoCoastCurrent, December 15, 2008
Ocean Power Technologies (OPT) recently reported quarterly financials and also recent developments:
- Deployed and tested a PowerBuoy off the coast of Spain under the wave power contract with Iberdrola
- Awarded $2.0 million from the US Department of Energy in support of OPT’s wave power project in Reedsport, Oregon
- Deployed and tested a [...]
Capturing Ocean Energy
Posted in Australia, Economic Issues, England, Environmental Issues, Europe, FERC, Hydrokinetic Energy, New York, News, Ocean Energy, Portugal, Renewable Energy, Research, Scotland, Sea Turbine, Tidal Stream, U.S., UK, United Kingdom, Wave Energy, Wave Farm, Wind Energy, tagged Australia, AWS, Cornwall, East River Project, Economic Issues, Environmental Issues, EPRI, Europe, FERC, Finavera, New York, OPT, Pelamis, Portugal, Scotland, Tidal Energy, Tidal Turbines, U.S., UK, Underwater Windmills, United Kingdom, Verdant, Wave Energy, Wave Energy Blogger, Wave Energy Devices, Wave Farm, Wave Hub, Wind Energy on December 5, 2008 | 2 Comments »
Guardian.co.uk, December 3, 2008
Way back in Napoleonic Paris, a Monsieur Girard had a novel idea about energy: power from the sea. In 1799, Girard obtained a patent for a machine he and his son had designed to mechanically capture the energy in ocean waves. Wave power could be used, they figured, to run pumps and [...]
Race to Turn Waves, Tides & Currents into Electricity is On
Posted in California, FERC, Hydrokinetic Energy, News, U.S., Wave Energy, Wind Energy, tagged Alaska, California, Chevron, DOE, EPRI, FERC, Hatfield Marine Science Center, Hawaii, MMS, Ocean Energy, Ocean Power Technologies Inc., OPT, OREC, Oregon, OSU, Peak Oil, Tidal Energy, Tidal Turbines, Verdant Power, Washington, Wave Energy on October 17, 2008 | Leave a Comment »
ISABEL ORDONEZ, Dow Jones News Service, October 6, 2008
Surfers aren’t the only ones itching to jump in the water and catch some big waves.
Dozens of companies, from oil giant Chevron Corp. to smaller firms like Ocean Power Technologies Inc., have invested in or are evaluating the potential of technology designed to harness electrical energy from [...]
OPT Floats First PowerBuoy in Spanish Wave Farm with Iberdrola
Posted in Hydrokinetic Energy, Mendocino Coast Current, New Jersey, News, Spain, Wave Energy, Wave Energy Trials, tagged Iberdrola, New Jersey, OPT, PowerBuoy, Spain, Wave Energy, Wave Energy Devices, Wave Farm on September 24, 2008 | Leave a Comment »
MendoCoastCurrent, September 23, 2008
Ocean Power Technologies, Inc., a New Jersey publicly-traded company deployed its first PowerBuoy with Iberdrola S.A, a Spanish renewable energy company, and its partners, at a site approximately three miles off the coast of Santoña, Spain.
As noted by Iberdrola, the deployment of OPT’s PB40 PowerBuoy is the latest milestone toward the building [...]
Power From the Restless Sea Stirs the Imagination
Posted in California, Dept. of Energy, Environmental Issues, Fort Bragg, Funding, Humboldt, Hydrokinetic Energy, Issue, Mendocino, New York, News, Ocean Thermal, Oregon, Portugal, Sea Turbine, Tidal Stream, U.S., US Energy Policy, United Kingdom, Wave Energy, Wave Energy Trials, tagged Wave Energy, Mendocino, Fort Bragg, Finavera, PG&E, U.S., Humboldt, Oregon, California, Funding, Portugal, Pelamis, Wave Farm, OPT, Fishermen, Tidal Stream, Tidal Energy, Mendocino Wave Energy, Verdant, East River Project, Environmental Issues, DOE, Economic Issues, General Electric, Ocean Thermal on September 23, 2008 | Leave a Comment »
KATE GALBRAITH, The New York Times, September 23, 2008
For years, technological visionaries have painted a seductive vision of using ocean tides and waves to produce power. They foresee large installations off the coast and in tidal estuaries that could provide as much as 10% of the nation’s electricity.
But the technical difficulties of making such systems [...]
US Wave Energy Having Temporary Setbacks
Posted in California, Dept. of the Interior, FERC, Fort Bragg, Humboldt, Hydrokinetic Energy, MMS, Mendocino, News, OCS, Oregon, U.S., US Energy Policy, Washington, Wave Energy, tagged California, FERC, Finavera, Makah, MMS, OCS, OPT, Oregon, PG&E, Scotland, U.S., Washington, Wave Energy, Wave Farm on August 8, 2008 | Leave a Comment »
Platts/McGraw-Hill, August 2008
Ocean Power Technologies (OPT) is looking to generate power from Scottish waters as well. Nasdaq-listed OPT reported July 28 that it had signed a berth agreement with the European Marine Energy Center (EMEC) in Orkney, Scotland. OPT can, under the berth agreement, deploy and operate its unit as well as hook [...]
World’s First Large Scale Wave Farm Aims to Lower Costs
Posted in Economic Issues, England, Environmental Issues, Funding, Hydrokinetic Energy, News, Tidal Stream, United Kingdom, Wave Energy, tagged Cornwall, E.On, Economic Issues, Environmental Issues, Fred Olsen, Funding, Ocean Prospect, Oceanlinx, OPT, Tidal Energy, United Kingdom, Wave Energy, Wave Farm, Wave Hub, WestWave on July 23, 2008 | Leave a Comment »
EnvironmentalResearchWeb.org, Jul 22, 2008
Of all the renewable technologies, wave and tidal energy is currently the most expensive way of producing energy. But a project in the UK hopes to help this technology move along the learning curve and bring down costs.
When installed in 2010, Wave Hub will be the world’s first large-scale wave farm. Just [...]
The Coming Wave
Posted in California, Funding, Germany, Hydrokinetic Energy, Issue, Mendocino, News, Portugal, Scotland, U.S., United Kingdom, Wave Energy, tagged Aquamarine Power, AWS, Climate Change, Cornwall, Finavera, Funding, Germany, Iberdrola, OPT, Pelamis, PG&E, Portugal, Scotland, Slater's Duck, UK, Voith Siemens Hydro, Wave Energy, Wave Hub, Wavegen on June 10, 2008 | Leave a Comment »
The Economist, June 5, 2008
You only have to look at waves pounding a beach, inexorably wearing cliffs into rubble and pounding stones into sand, to appreciate the power of the ocean. As soaring oil prices and concern over climate change give added urgency to the search for new, renewable sources of energy, the sea is [...]
Iberdrola to Invest $8B in U.S. Renewable Energy
Posted in Clean Energy, News, Solar Energy, Solar Thermal, Spain, U.S., US Energy Policy, Wave Energy, Wind Energy, tagged Egypt, FPL, Iberdrola, OPT, Solar Energy, Solar Thermal, Spain, U.S., Wave Energy, Wind Energy on May 19, 2008 | Leave a Comment »
CRAIG RUBENS, earth2tech/GigaOM, May 19, 2008
Iberdrola Renewables, one of the largest owners and operators of renewable energy facilities in the world, announced yesterday its plans to invest $8 billion in American renewable energy by 2010. A large part of the money will go to expanding Iberdrola’s wind energy capacity, but the company also said it [...]
OPT Claims Lead on Wave Energy Firms
Posted in FERC, Hydrokinetic Energy, Issue, News, Oregon, Wave Energy, tagged Economic Issues, Environmental Issues, FERC, FERC License, OPT, Oregon, Reedsport, SOORC, Wave Energy on April 19, 2008 | Leave a Comment »
The World, Worldwide Ocean Energy News, April 12, 2008
Sport and commercial fishermen, members from related marine industries and Ocean Power Technologies representative Steve Kopf met again Wednesday — and made tentative progress on rebuilding trust.
A robust agenda that included discussing the difference between a traditional licensing process and an integrated licensing process — two different [...]
SOORC Group Forms to Discuss Wave Energy
Posted in Hydrokinetic Energy, News, Oregon, Wave Energy, tagged Coos Bay, FERC, FERC License, OPT, SOORC, Southern Oregon, Wave Energy on March 30, 2008 | Leave a Comment »
The World, March 22, 2008
COOS BAY — Fishermen, port officials and other interests want potential wave energy companies to consider the “source.”
“Source” is the acronym pronunciation for the Southern Oregon Ocean Resource Coalition — SOORC — a group of about a dozen folks who gathered for the first time Friday to talk about wave energy.
That [...]
Trust Main Issue in Wave Energy Development
Posted in Environmental Issues, FERC, Hydrokinetic Energy, Issue, News, Oregon, Wave Energy, tagged Economic Issues, Environmental Issues, FERC, FERC License, Fishermen, OPT, Oregon, OSU, Reedsport, Umpqua, Wave Energy on March 21, 2008 | Leave a Comment »
Susan Chambers, The World Link, March 21, 2008
REEDSPORT — Fishermen and port officials talked of trust Wednesday night at the Port of Umpqua commission meeting.
The meeting was an impromptu first battleground over what fishermen see as a violation of trust and wave energy company Ocean Power Technologies see as a business decision.
OPT filed a preliminary [...]
Wave Energy Worries Fishermen
Posted in Environmental Issues, FERC, Hydrokinetic Energy, Issue, News, Oregon, Wave Energy, tagged Economic Issues, Environmental Issues, FERC, Fishermen, OPT, Oregon, Whales on January 31, 2008 | Leave a Comment »
Susan Chambers The World April 10, 2007
A wave breaks off the southern Oregon Coast as wind blows some of the surf backward. That wave attraction is attracting power producers. To date, seven projects are proposed for the Oregon Coast, to tether power-generating buoys to the ocean floor to ride ocean swells. World File Photo
CHARLESTON – [...]
Ocean Power Technologies & Converteam Sign Agreement
Posted in Hydrokinetic Energy, News, Wave Energy, tagged Converteam, Iberdrola, Iberdrola Renewables, OPT, PowerBuoy, Wave Energy on January 30, 2008 | Leave a Comment »
BusinessWire on October 30, 2007
Ocean Power Technologies, Inc (OPT) is pleased to announce that OPT and Converteam Ltd have signed a Cooperation Agreement for the development of High Temperature Superconductor (HTS) Linear Generators for use in OPT’s PowerBuoy(R) wave energy converters. Under the agreement OPT and Converteam will jointly develop the technology on an exclusive [...]
A Sea of Potential in Alaska
Posted in Alaska, Hydrokinetic Energy, Sea Turbine, Tidal Stream, Wave Energy, tagged Wave Energy, Finavera, FERC, Pelamis, OPT, Verdant, Tidal Turbines, Environmental Issues, Alaska, EMEC, OREC on October 27, 2007 | Leave a Comment »
BRIAN VANITY, insurgent49, September 1, 2006
As any mariner knows, the oceans are packed full of energy. The energy contained in the seas can destroy ships but, if harnessed correctly, can also be used to generate electricity.
There are several types of energy, which can be extracted from the Alaska’s ocean waters, the two most promising being [...]
