Verdant Power was granted the first US license for a tidal energy project right on New York City’s doorstep, the East River. While the 1MW project is tiny compared to the over 2,000MW wind farm on the drawing board for Wyoming, it is good to see various renewable technologies being tested around the country. Localization of power sources by taking advantage of the renewable types of energy specific to a region is important as we broaden our power generation options.
The announcement on January 23rd that the Federal Energy Regulatory Commission (FERC) issued a pilot commercial license for the project – the first-ever commercial license for tidal power in the United States – capped off a full decade of work. It’s been a long road for Verdant Power, as the project began in 2002 with prototype testing. The Roosevelt Island Tidal Energy (RITE) Project is being developed in three phases:
- Phase 1 (2002 – 2006): Prototype Testing
- Phase 2 (2006 – 2009): Demonstration
- Phase 3 (Current): MW-Scale Build-Out
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