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Biofuels: The Promise of the Next Generations

Feb 10 2010 - 1:00 PM Eastern - Your location

The second wave of biofuels such as cellulosic ethanol, algae and others bypass the food vs. fuel controversy and are on the cusp of commercialization. This webinar will review the latest developments in the advanced biofuel space with leading companies more...

Conducting a distributed chorus

Feb 17 2010 - 12:00 Eastern - Your City

Join Intelligent Utility managing editor Kate Rowland, along with a panel from PHI including Rob Stewart, manager of technology evaluation and implementation, and Todd McGregor, AMI director, for an interactive discussion about this company's work to build a more intelligent more...

21st Century T&D: Building the Transmission Piece of Smart Grid

Feb 18 2010 - 12:00 Eastern - Your City

Join industry leaders and Marty Rosenberg, Editor-in-Chief of EnergyBiz magazine, for an interactive discussion about the critical relationship between transmission and distribution (T&D) investment and smart grid success. As the energy enterprise gets smarter toward the consumer end with smart more...

Transforming the Electrical Grid: Addressing Transformation Strategies to Implementing A Smart Grid

Feb 25 2010 - 3:00-4:00pm Eastern - Your City

This webcast should be attended by those individuals that are responsible for identifying, planning and evaluating Smart Grid solutions, including those that empower and engage consumers and are easily assimilated with existing or new technology and business processes. more...

Smart Grid Revolution

Feb 18 2010 - Feb 19 2010 - AUSTIN, TX - USA

ACI's Smart Grid Revolution February 18-19, 2010 A two day strategic event bringing together utility professionals, government & state officials & consultants involved in deployment of the smart grid. To learn strategies which will improve energy efficiency programs & operations, more...

EnergyBiz Leadership Forum 2010: Energy's Emerging Architecture

Feb 28 2010 - Mar 2 2010 - Washington, DC

In 2009, a global economic meltdown collided with an energy crisis to turn the world on its ear. In the United States we've witnessed an unprecedented spending on energy resource development and infrastructure. As a result, a new energy architecture more...

CERAWeek 2010

Mar 8 2010 - Mar 12 2010 - Houston, TX - USA

CERAWeek, IHS CERA's 29th Executive Conference, is recognized as a leading forum offering insight into the energy future. Each year senior policymakers, energy and power executives, and financial and technology leaders from over 55 countries engage with CERA experts in more...

2nd Annual Thin Film Solar Summit Europe

Mar 17 2010 - Mar 18 2010 - Berlin Germany

The conference will provide a comprehensive analysis of the thin film industry and its key challenges in an interactive manner. Leading companies will share their experiences through panel debates and high-level presentations. A great opportunity to network with the whole more...

Gas and Electric Business Understanding Seminar

Feb 24 2010 - Feb 25 2010 - New York, NY - USA

Gas and Electric Business Understanding provides a comprehensive overview of the natural gas and electric industries. Position yourself for career success by gaining a solid understanding of how each business works, including key physical, market and regulatory aspects, as well more...

Gas Business Understanding Seminar

Mar 1 2010 - Mar 2 2010 - Houston, TX - USA

Gas Business Understanding provides a comprehensive overview of the natural gas industry. Position yourself for career advancement by gaining a solid understanding of how the gas business works including key physical, market, and regulatory aspects and how market participants navigate more...

Electric Business Understanding Seminar

Mar 3 2010 - Mar 4 2010 - Houston, TX - USA

Electric Business Understanding provides a comprehensive overview of the electric industry. Position yourself for career advancement by gaining a solid understanding of how the electric business works including key physical, market, and regulatory aspects and how market participants navigate this more...

Gas Market Dynamics Seminar

Mar 3 2010 - Mar 4 2010 - Houston, TX - USA

Gas Market Dynamics offers participants an in-depth understanding of North American natural gas markets and how they function. Enhance your career by furthering your knowledge of market structure, supply and demand, services offered in gas markets, and how various participants more...

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Marine Renewables Make Some Headway
5.27.09   Bill Opalka, Editor-in-Chief, Topic Centers, Energy Central

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    Slowly but surely, energy produced by the waves and tides is gaining some measure of momentum as a viable alternative source of power. At least on the policy front, marine renewables have gained greater visibility in a series of recent decisions, proposals and legislative acts.

    In recent weeks, Congressional legislation to encourage development of renewable ocean energy has been introduced in the Senate and House. Sen. Lisa Murkowski, R-Alaska, and Rep. Jay Inslee, D-Wash., have introduced companion legislation that would authorize as much as $250 million annually for ocean research.

    The Marine Renewable Energy Promotion Act of 2009, along with a tax provision for accelerated depreciation, would expand federal research of marine energy to $250 million annually. The Act also provides for the takeover of cost verification of new wave, current, tidal and thermal ocean energy devices, and create an adaptive management fund to help pay for the demonstration and deployment of such electric projects.

    Other goals of the proposed legislation include: develop new marine technologies; reduce manufacturing and operations costs; increase reliability; integrate marine renewable into the national electric grid; identify opportunities for integration with offshore wind facilities, including developing economies of scale; identify environmental impacts; and establish project standards and provide for incentives.

    "The Ocean Renewable Energy Coalition (OREC) supports the legislation introduced in the House of Representatives and U.S. Senate. We believe that in order to capture the energy, economic, and environmental benefits of utilizing our vast marine-based renewable resources, it will require additional federal support for research and development, along with much needed environmental studies and tax treatment on par with other renewable technologies," says Sean O'Neill, OREC's president. "This legislation moves our nation closer to a clean energy future."

    There was some consideration given to getting this proposal included in the comprehensive energy bill now before the Senate Energy and Natural Resources Committee, of which Murkowski is the ranking Republican member, but it is not included in the massive bill that was supposed to be ready by the Memorial Day recess.

    Marine renewable also has potential benefits from the renewable energy provisions of the economic stimulus package of tax credits and grants. But questions remain if many projects could become viable in time to take advantage of its provisions.

    The American Recovery and Reinvestment Act -- the stimulus package -- provides for a four-year extension of the production tax credit for geothermal, biomass, hydropower, landfill gas, waste-to-energy and marine facilities through December 31, 2013.

    The Act also has $1.6 billion of new clean energy renewable bonds to finance publicly owned renewable energy projects, including and marine renewables.

    Also, the Department of the Interior last month finalized a long-awaited framework for renewable energy production on the Outer Continental Shelf, ending months of uncertainty over jurisdiction by two federal agencies over renewable energy development. The Department's Minerals Management Service (MMS) essentially keeps jurisdiction over offshore wind development while the Federal Energy Regulatory Commission will oversee marine renewable development.

    Under the agreement, the MMS has exclusive jurisdiction over the production, transportation, or transmission of energy from non-marine renewable energy projects, including wind and solar. FERC will have exclusive jurisdiction to issue licenses for the construction and operation of marine projects, including wave and current, but companies must obtain a lease through MMS.

    The agreement sets a program to grant leases, easements, and rights-of-way for environmentally responsible renewable energy developments on the outer continental shelf, including the siting and construction of offshore wind farms. It establishes ways for sharing revenues generated from OCS renewable energy projects with adjacent coastal states. The framework will seek to enhance partnerships with federal, state, and local agencies and tribal governments to assist in maximizing the economic and ecological benefits of OCS renewable energy development.

    The Energy Policy Act of 2005 granted the MMS the authority to regulate renewable energy development on the OCS, but no action had been taken under that authority until recently.

    For information on purchasing reprints of this article, contact Tim Tobeck ttobeck@energycentral.com.
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    Readers Comments

    Date Comment
    christina hilfiker
    6.2.09
    Great news! There is so much opportunity for advancement in Wave &Tidal Power Generation Technologies. It's about time!

    We're looking forward to riding this proverbial wave! http://mechanicalelectric.com/ocean-power/

    Fred Linn
    6.3.09
    Harnessing wave energy is good.

    There is also another area where renewable energy is making an inroad into the marine environment.

    http://www.renewableenergyworld.com/rea/news/article/2009/06/wrtsil-engines-running-on-biofuels

    Biodiesel can be produced from saltwater algae.

    http://www.youtube.com/watch?v=bGgZtY1r1R4&feature=related

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