The newly-established Norwegian renewable energy company STRAUM merges three technology environments to become a leading supplier of wave, tidal and ocean wind power technology. STRAUM believes consolidation is the key to success.
Looks like it's a go for a tidal turbine system in New York City's East River. Earlier this week, the Federal Energy Regulatory Commission approved the commercial license for the project - the first of its kind in the U.S.
Two U.S. Department of Energy (DOE) reports provide back-to-back confirmation that the potential for electricity from coastal wave and tidal stream energy could reach as high as 15 percent of the total of current U.S.