The
35-year
FERC
licence
–
issued
to
its
subsidiary
Reedsport
OPT
Wave
Park
–
is
the
first
for
a
wave-power
station
in
the
US,
says
OPT.
It
covers
deployment
of
up
to
ten,
150kW
OPT
PowerBuoy
devices,
which
would
generate
enough
electricity
for
some
1,500
households.
Construction
of
the
first
PB150
is
nearing
completion.
It
is
expected
to
be
ready
for
installation
in
water
depths
of
45-73
metres
some
4km
offshore
later
this
year.
The
company
plans
to
construct
the
balance
of
the
plant,
consisting
of
up
to
nine
additional
PowerBuoys
and
grid-connection
infrastructure,…