"Maine Tidal Energy Co., which had proposed a tidal energy project in the Kennebec River near Bath, has dropped its proposal because of 'local hostility,' according to The Times Record.
The Federal Energy Regulatory Commission granted Maine Tidal a preliminary permit to study the area of the Kennebec between Bath and Woolwich for a potential 100-megawtt tidal energy project. However, Mike Hoover, general counsel for Washington, D.C.-based Oceana Energy Co., Maine Tidal's parent firm, said the company is surrendering its preliminary permit after finding that 'insufficient development potential exists for pursuit of either a full development or pilot project there,' according to a letter he sent to FERC dated May 31, 2009."
Tuesday, June 9, 2009
Kennebec Tidal Energy Project Dropped
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