This
new report is the most thorough analysis undertaken to date to
determine the viability of America’s ocean energy. The DOE’s Office of
Energy Efficiency believes that water power, which includes conventional
hydropower and wave, tidal, and other water power resources, can
further contribute to the country’s efforts to diversify its renewable
energy portfolio.
Equally important is the potential for new industries and new jobs to emerge as a result of the reports’ positive findings.
Not surprisingly, the reports highlighted the West Coast including
Alaska and Hawaii as the area with the highest potential for wave energy
development, although the East Coast showed promise as well. Both
coasts showed strong tidal energy production potential.
While the DOE estimates that wave and tidal energy could conceivably
generate a third of the 4,000 terawatt hours (TWh) of electricity the
United States consumes each year, not all of the resources can be
realistically developed.
But the assessment did find that the country’s renewable hydropower
resources can be expanded. Currently, 6% of the United State’s
electricity comes from hydropower.
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