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News - Wave Action Energy
Ocean power includes technologies that tap the sea's energy, not only that of crashing waves but also the motion of tides and even the heat stored in the oceans, which are the world's largest solar collectors. Ocean power, then, includes three types: wave power, tidal power and thermal energy conversion.
Wave and tidal power looks for its footing
The fledgling ocean energy industry is awash in ideas for making electricity from moving water but it is still reaching for a toehold in the commercial world. Greentech Media last week released a summary of an ocean energy report that forecasts great potential for wave and tidal energy.
New ocean power company testing in Gulf of Mexico
A small company called Independent Natural Resources Inc. (INRI) held a media event today to introduce its new ocean wave conversion system in the Gulf of Mexico near the city of Freeport, Texas.
Wave Energy Bill Approved by U.S. House Science Committee
The U.S. House of Representatives Science and Technology Committee has approved, by voice vote, renewable energy legislation that would invest approximately $200 million in federal funds to advance research and development of wave energy technologies over the next four years.
"America has the tools, expertise and ingenuity to harness the untapped energy found just off our shores."
The Marine Renewable Energy Research and Development Act of 2007 (H.R. 2313) would authorize $50 million for each of the fiscal years 2008 through 2012 for the U.S. Department of Energy (DOE) to award grants to advance research, development, demonstration and commercial application of ocean energy.