MendoCoastCurrent, June 19, 2009
In response, the Ocean Renewable Energy Coalition (OREC) commended Committee Chairman Jeff Bingaman (D-NM) and Ranking Member Lisa Murkowski (R-AK) for including the marine energy provisions to the American Clean Energy Leadership Act of 2009 now being crafted. The legislation is regarded as integral for continued development of ocean, tidal and hydrokinetic energy sources.
“OREC strongly endorses the legislation adopted in the Senate Energy and Natural Resources Committee today,” said Sean O’Neill, OREC’s President. “Marine-based renewable resources offer vast energy, economic and environmental benefits. However, the success of this industry requires additional federal support for research, development and demonstration.”
The Marine Renewable Energy Promotion Act will authorize $250 million per year through 2021 for marine renewable research, development, demonstration and deployment (RDD&D), a Department of Energy sponsored Device Verification Program and an Adaptive Management Program to fund environmental studies associated with installed ocean renewable energy projects.