Oregon Races To Catch Up To Europe In Wave Energy

October 3, 2012

From Forbes: Despite its status as a “green” technology, the infant wave-energy business will have all the needs of heavy industry: groundbreaking high-tech research, massive testing centers, and factories that can make marine-grade steel devices hundreds of feet long, as well as seagoing expertise in hauling, anchoring and cabling. In a 2009 study, OWET estimated that a mature wave-energy industry could create 13,000 jobs statewide and create economic output of $2.4 billion.

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