Maine Public Utilities Commission Approves Long-Term Contract Terms for ORPC’s Maine Tidal Energy Project April 24, 2012
Portland, ME, April 24, 2012 – Ocean Renewable Power Company (ORPC) announced today that the Maine Public Utilities Commission (PUC) has approved the primary contract terms of power purchase agreements (PPAs) for ORPC’s Maine Tidal Energy Project located in Washington County. The PUC’s order directs the three Maine investor-owned utilities, Bangor Hydro, CMP and Maine Public Service, to negotiate 20-year PPAs with ORPC for the project’s approximately 4-megawatt output based on the approved term sheet. ORPC expects to complete the PPAs in the next several weeks. These will be the first long-term PPAs for tidal energy in the United States.
This device is simpler? I think not. Unless it is installed below storm wave base of 30M or so, the first big storm will tear it apart. If installed below 30M, it won't do anything as there is not likely to be any flow to drive it. Install this thing in a river... watch big sinker logs destroy it in the first big flood.