[SEMCO] FW: 1/16 CIRenew Forum: "Making Waves: Harnessing the Ocean's Power"
Muller, Joan (DCR)
Joan.Muller at state.ma.us
Tue Jan 15 10:14:54 EST 2008
January 16, 2008
Making Waves: Harnessing the Ocean's Power
7 - 9 pm, Lecture Hall C, Cape Cod Community College, Rte 132, West
Barnstable
Bill Staby of Resolute Marine Energy is featured speaker at a January 16
forum addressing the worldwide status of wave energy technology and the
potential for local applications. The forum, presented by Cape & Islands
Renewable Energy Collaborative (CIRenew), is free and open to the
public; light refreshments will be served.
Wave energy technologies convert the kinetic energy of ocean waves into
clean power. In Europe, demonstration projects and initial commercial
applications are under way. In the United States, tests have been
conducted off the coasts of Hawaii, Oregon, and New Jersey, and plans
were recently announced for a commercial wave energy project near Block
Island in Rhode Island. A 2005 study by the Electric Power Research
Institute concluded that development of a large-scale wave energy
facility off the Cape Cod National Seashore could prove economically
feasible, assuming development of a worldwide experience base.
At the January 16 forum, Bill Staby will review wave energy, introduce
the device being developed by his company, and discuss the technology's
potential across regional, national, and global scales. Bill is an
entrepreneur with experience at both worldwide enterprises and
technology start-ups. At CS First Boston, he focused on strategic and
corporate finance advisory assignments for the electric utility
industry. He is currently chief executive officer of Resolute Marine
Energy and a member of the Finance Committee of the Ocean Renewable
Energy Coalition in Washington, DC.
Resolute is developing and testing a wave energy conversion system with
an initial commercial focus on powering ocean observation and other
remote systems that have modest energy requirements. The technology is
designed for scale-up to support large-scale, grid-connected, offshore
energy applications. Resolute is based in Fall River at the Advanced
Technology Manufacturing Center at the University of Massachusetts,
Dartmouth.
The meeting will conclude with Q&A and time for conversation and
networking. Information will be available on CIRenew membership and on
local clean energy programs and activities.
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