Home Back Issues May 2011 Waiting for wave energy

Waiting for wave energy

| Print |  Email
Articles - May 2011
Wednesday, April 20, 2011
Article Index
Waiting for wave energy
Page 2
Page 3
Page 4
Page 5

The wide range of technologies possible in ocean energy has added to the social pressure to plan for its arrival. Coastal leaders have welcomed the industry for its economic potential, but with caution, recognizing it could have negative consequences for commercial fishermen, shrimpers, charter operators, and recreational sports and fishing if planned poorly.

 

0511_WaveEnergy_05
Model of buoy from Oregon Iron Works
“It’s kind of like a gold rush that’s going on in the ocean right now. Everyone is interested in ocean energy and we wanted to have a say in what was happening,” says Tillamook County Commissioner Mark Labhart, who believes the planning process is critical to giving residents, recreational users and industries like fishing a voice in how ocean energy fits in.

Busch and others, however, argue Oregon has limited time to capitalize on wave-energy development and that the time to hit the water is now.

“The key is to become the locus of ocean wave power in the United States,” he says, and export talent, materials and technology for the next 50 years. “Do we really want to say 'no' to that because of potential impacts about which we’re doing our very darnedest to learn?” The ocean is a big place, he says, and there must be ways for companies to hit the water as planning continues.

One look to Ontario, Canada, where a sudden moratorium on offshore wind power caused companies to flee, and the root of Busch’s fear is laid bare. Like most businesses, ocean power companies flock to opportunity, not to places to wait. Busch worries that a year or more of inaction in Oregon could similarly reverse OWET’s progress.

Theresa Wisner, Oregon community outreach coordinator for Aquamarine Power in Newport, says waiting is a tough sell to investors. “We completely understand the need for spatial planning on the ocean. It will help us considerably in the long run by allowing us to focus in on places that we should go.” But she adds, “We cannot wait indefinitely for that. Aquamarine has put a significant investment here in the state to see this move forward.” She says she is currently negotiating with state officials on solutions.

 



 

More Articles

The solution to youth unemployment

News
Thursday, February 27, 2014
02.27.14 Thumbnail TeenworkBY ERIC FRUITS

Because they have little chance of working for someone else, today’s teens need to be entrepreneurs. But, first, we must teach our teens that entrepreneurship starts small.


Read more...

From the Editor: The human factor

March 2014
Tuesday, February 25, 2014

In this issue, we celebrate our 21st annual 100 Best Companies to Work For in Oregon project.


Read more...

Small business sales go big

March 2014
Tuesday, February 25, 2014

BY BRANDON SAWYER

Sales of small businesses surged in 2013 according to the biggest Internet marketplace of such transactions, BizBuySell, increasing to 7,056 reported sales, a 24% increase over 2012, when they dropped 7%. Portland Metro sales tracked by the site grew 9% to 73, capping three years of solid growth. On top of that, Portland’s median sale price jumped 67% to $250K, versus just 13% to $180K nationally. Portland was one of just six metros tracked where the median sale price matched the median asking price, with sellers getting, on average, 92% of what they asked.

BTNMarch14 tableBTNMarch14 line


BTNMarch14 piePDXBTNMarch14 pieUSA


Read more...

Spring thaw

News
Thursday, April 17, 2014
Spring ThawBY JASON NORRIS | OB BLOGGER

The “polar vortex” of 2014 seems to have finally thawed and we believe this change in weather will bring more sunshine to the U.S. economy as well.


Read more...

The more they change, the more they stay the same

March 2014
Tuesday, February 25, 2014
100-best-collageBY BRANDON SAWYER

The 100 Best Companies get more creative with perks and more generous with benefits; employees seek empowering relations with management and coworkers.


Read more...

Fuel's gold

March 2014
Tuesday, February 25, 2014
BY SOPHIA BENNETT

The coastal town of Coos Bay appears poised to land every economic development director’s dream: a single employer that will bring hundreds of family-wage jobs and millions in tax revenue. 


Read more...

What I'm reading: Brad Smith & Travis Boersma

March 2014
Tuesday, February 25, 2014

Brad Smith, founder of Hot Pepper Studios, and Travis Boersma, president of Dutch Bros. Coffee, share their recent reads.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS