Hydrokinetic Permits Abound Despite Objections (Yukon River)

[jpak]

http://www.renewableenergyworld.com/rea/news/story?id=51672

The nation's first hydrokinetic pilot project proposal has come in an unexpected place -- the Yukon River.

When the Federal Energy Regulatory Commission (FERC) proposed a special expedited pilot license last summer, it recieved significant support from industry developers for the idea of a license that would allow devices to get in the ocean in as little as six months.

"I want to extend our company's thanks for this proposal," Kevin Bannister, Vice President for Business Development, Finavera Renewables told FERC when it proposed expedited pilot licenses in October.

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"We believe a reliable and robust electricity system will be the result of a balanced and diversified portfolio," said Roger Bedard of the Electric Power Research Institute (EPRI). "Our studies show that hydrokinetics has the long-term potential of providing about 10 percent of our current U.S. electricity consumption," Bedard said.

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[fasttense]

1. The next bubble. stand by and watch out for the pop. n/t

[jpak]

2. What was the previous "bubble"???

n/t