The project, owned by Verdant Power and known as the Roosevelt Island Tidal Energy (RITE) Project, is 1,050-kilowatts and uses the East River’s natural tidal currents to generate electricity. Turbine generator units are mounted on the riverbed and capture energy from the tidal flow. The pilot license issued to Verdant Power is for 10 years.
“Issuing a pilot license for an innovative technology is a major step in the effort to help our country meet our renewable energy goals,” FERC chairman Jon Wellinghoff said. “FERC’s pilot process is doing what it should: allow for exploration of new renewable technologies while protecting the environment.”First pilot license for tidal power project in New York
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