An update about the ocean wave energy company, GWave LLC, where I run commercial & business development:
Yesterday,
Dynegy filed a pair of preliminary permit requests with the Federal Energy Regulatory Commission which, if granted, will allow Dynegy the right to conduct further studies regarding the feasibility and impact of a wave park off the coast of Morro Bay.
In November Dynegy announced its plans to retire the existing 650 MW plant and stated it would be exploring opportunities to develop energy projects that would support California’s green energy goals. One wave energy technology that holds promise is with GWave LLC. Dynegy is in negotiations with GWave and hopes to begin preliminary testing at the wave park in 2014.
Article about this is here:
Dynegy officially closes the Morro Bay Power Plant | Local News | SanLuisObispo.com
The preliminary permit is an initial step that will help us determine, through careful study, if Dynegy can develop a responsibly sited, environmentally safe, and compatible with community needs renewable energy project. Only time, a review of study results, and engagement with the local community will determine if Dynegy moves ahead with wave park development. This is a multi-phased process and we are at the very beginning of the first phase.
On a personal note, I know that a few Tesla fans live in this area. I'll be spending a lot of time in San Luis Obispo County over the next three years, and I look forward to meeting many of you.