AUGUSTA, Maine — Maine officials say the federal government’s giving a tidal energy company up to $10 million to develop the renewable energy source on a commercial scale.
Gov. John Baldacci and the state’s congressional delegation said Thursday that the Department of Energy is awarding Ocean Renewable Power Co. funds to advance its tidal energy technology on a commercial scale at its project site in Cobscook Bay off Eastport and Lubec.
An initial $2.7 million in funding will be available to the company this year for the three-year project.
Ocean Renewable in August unveiled a 60-kilowatt tidal turbine
that provides electricity to the Coast Guard Eastport station’s 41-foot search-and-rescue boat. Now the company wants to generate tidal energy on a commercial scale for the domestic power grid.