|Ocean Wave Energy Development
Wave Energy Development
-An Opportunity for
Oregon’s demand for energy continues to increase and the
need to develop renewable energy projects remains a high
priority for the state. Although most renewable
energy technologies have been proven at a commercial
scale and are imported into Oregon for development, the
alternative still remains for Oregon to develop its own
renewables that are manufactured, maintained, and
utilized in Oregon.
The opportunity exists
for Oregon to establish itself as the leader in wave
energy and become the national center for wave energy
research and commercial demonstration. There are
multiple devices in various stages of development that
convert the power of the waves into electricity. While
some research and development is still required for wave
energy to be economically competitive with traditional
technologies, the state that leads this development
stands to receive multi-layered benefits. For
Oregon, these benefits include economic development in
coastal communities, increased manufacturing opportunity
for the state’s high quality metal fabricators and
further recognition for Oregon’s varied and emerging
renewable energy industry.
Oregon has been
identified as an ideal location for wave energy
conversion based primarily on its tremendous wave
resource and coastline transmission capacity. This
combination of factors, along with Oregon State
University’s research facilities and the state’s long
term commitment to renewable energy, positions Oregon to
lead the U.S. in wave energy
Oregon has been
coordinating its efforts for developing a wave energy
project through a group of electricity stakeholders
named the ‘Power’ group (People of Oregon for Wave
Energy Resources) for more than a year. The mission of
this public/private partnership is to share expertise
and knowledge and to develop a plan to site a wave
energy project on the Oregon Coast. As a result of
these combined efforts, commercial wave energy
developers have been attracted to Oregon and are
exploring in more detail the potential to start a
- Oregon has the opportunity to lead the nation in
ocean renewable energy development.
- Oregon has a range of incentives to encourage
development of renewable energy.
- Oregon has a tremendous wave resource and the
coastal transmission infrastructure to deliver
renewable energy to all Oregonians.
- There is great opportunity to create new economic
opportunity for a broad base of Oregon businesses,
including in coastal communities.
Benefits of a Public/Private
Partnership for Oregon
- Provide reliable, stable and fixed cost power to
Oregon with lower costs in the long term.
- Orderly development of the ocean resource and
alignment with current policies.
- Accelerate economic development opportunities for
Oregon industries and communities.
- Shared expertise and replication of development
- Respect for environmental stewardship
|Federal Ocean Energy
Permitting (FERC) |
Oregon State University's Ocean Wave
Energy Research Program
Oregon Wave Energy Potential