State bill would require wave energy companies to recover their own gear

NNMREC Newport test site and buoysSALEM – The Oregon Senate voted Monday to require that companies experimenting with wave energy in Oregon’s territorial waters show they have enough money to recover their equipment when they’re done with it.

The bill’s sponsors say they don’t want the state to be stuck for the cost of removing such gear if it breaks loose, sinks or outlasts its useful life.

The Department of Energy-funded Northwest National Marine Renewable Energy Center (NNMREC), based at Oregon State University, is operating a testing facility for commercial wave energy devices off the coast of Newport, an area also slated to be home to the nation’s first utility-scale, grid-connected wave energy test site, the Pacific Marine Energy Center.

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