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  October 31, 2007
oreg Ocean Renewable Energy Group
"25 x 25 in 25" 25,000 MW, $25 billion in sales and 10,000 jobs by 2025
October 31, 2007 Vol. 7 Issue 7
OREG Fall Symposium Building the Ocean Energy Supply Chain October 25th and 26th - Saint John, New Brunswick
OREG would like to thank all the speakers and participants for making the 2007 Fall Symposium a wonderful success. We were glad to see so many new faces, joining the ocean energy community. Approximately 110 people were there for the presentations and networking, and four major announcements!
We will be building a webpage on the event, a brief summary and some presentations are now online, more to come soon!
A special thank you to everyone at the New Brunswick Department of Energy for their logistical and planning support and assistance at the event. OREG News
November will be another busy month for OREG staff! OREG will have a stand at the IPPBC annual conference sIPP and grIPP reception from 4:30 to 6:00 on Monday the 5th. The event is an opportunity for delegates to network and look through posters and displays before the gala reception. Event information
Chris Campbell will be the guest speaker at the November 7th Energy at Dalhousie Lecture Series event. More information on Energy at Dalhousie can be found online or by contacting Andrew Henry.
Jessica McIlroy will be participating in the Natural Resources Canada Ocean Energy Technical Advisory Committee (TAC) meeting on November 20th. The CANMET Energy Technology Centre of NRCan has formed the TAC to allow a cross section of the industry to input into NRCan's ocean energy R&D plans.
Jessica will also be moderating an ocean energy panel at the Pacific Clean Energy Forum in Portland on November 28th. OREG Chair Mary Jane Parks will be participating in the panel to provide an overview of the ocean energy activities along the Pacific, and within OREG. More information on the event can be found online, draft agenda.
Canadian News
Tidal generation cooperation agreement signed
"BC Tidal Energy Corporation and Marine Current Turbines (MCT) announced the signing of an agreement late last week at the Ocean Renewable Energy Group (OREG) semi-annual conference in St. John, New Brunswick."
MCT signs agreement with MTEC to develop project in Canada
"MCT has signed an agreement with Canada's Maritime Tidal Energy Corporation (MTEC) to harness the huge tidal currents of the Bay of Fundy, Novia Scotia, Canada."
Australian News
Oceanlinx plans AIM listing
"Wave energy company Oceanlinx Ltd said it plans to list on the London Stock Exchange's Alternative Investment Market, adding that it has a supportive investor base and is backed by a number of international institutional investors."
UK News Surf’s up: key investors catch the wave of tidal technology"The industry is still in its infancy, with most firms not yet at profitability. This week, Sigma Sustainable Energy Fund, a private equity investment vehicle backed by entrepreneur Sir Tom Hunter, invested £1.5 million into Aquamarine Power which is seeking to build tidal turbines."
European Marine Energy Centre Upgrading Turbine
"Irish company OpenHydro is preparing to put a new and upgraded tidal turbine through its paces at EMEC, the European Marine Energy Centre."
New Zealand News
Funding For Marine Energy Generation Trials
"Generating energy from waves or tides around New Zealand comes a step closer today, with the Government offering funding to set up generating devices."
US News
OSU wave energy buoy bobs according to plan
"After waiting out a week of stormy seas, Oregon State University researchers launched the first test run of their wave energy buoy Saturday with even better than hoped results."
Hawaii Non-Firm Renewable Solicitation of Interest
The Hawaiian Electric Company Inc. has issued an SOI for renewable generation projects to supply up to approximately 100 MW in aggregate of long-term (i.e. 15 - 20 years) non-firm renewable energy on the Island of Oahu. Ocean energy is eligible in this SOI, and they have noted that the utility is considering the integration of emerging energy technologies such as wave energy. They have envisioned a "set-aside" for up to 20 MW from emerging renewables and is developing a strategy for these resources.
Outside company testing Cook Inlet tides as energy source
"Ocean Renewable Power Co., of Boston, Mass., in November will test a prototype of a tidal power turbine the company is developing, and is on track for installation of a larger commercial-scale test unit in Knik Arm near Anchorage in September 2008"
Ocean Power Technologies signs agreement with Converteam on wave energy system
"Ocean Power Technologies (OPT) said it had signed a cooperation agreement with Converteam for the development of high temperature superconductor (HTS) linear generators for use in OPT's PowerBuoy wave energy converters."
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