A renewable energy project planned off the coast of Newport is taking a step forward. Oregon State University has submitted a final license application for a wave energy testing facility with the Federal Energy Regulatory Commission. If built, it would be the largest of its kind in the United States.
Oregon’s potential to use the motion of the waves to generate electricity is very high. But nationally, the development of wave energy has lagged behind other green energy sources.
Part of the delay is the time and expense involved in permitting new technology. Not only do companies have to pay to develop this kind