WASHINGTON, D.C., U.S. 10/6/11 (PennWell) – House lawmakers have introduced legislation that would help realize the tremendous potential of hydrokinetic energy in the U.S.
U.S. Reps. Jay Inslee, D-Wash., Ted Deutch, D-Fla., and Don Young, R-Ark., introduced the Marine and Hydrokinetic Renewable Energy Promotion Act of 2011 on Sept. 21. The bill would provide research grants, loans and tax incentives to scientists, engineers and entrepreneurs working to develop and deploy technologies that produce power from the nation’s rivers, streams and oceans.
The bill has been referred to the House Science, Space and Technology Committee and the House Energy and Commerce Committee. Similar legislation is awaiting a vote by the full Senate.
“This bipartisan bill addresses the needs of the marine and hydrokinetic industry by creating programs to develop technologies, test devices, gain environmental and other data, and deploy,” said Linda Church Ciocci, executive director of the National Hydropower Association. “NHA urges the House to act quickly to advance this bill and provide the industry these tools to expand renewable energy generation in the U.S.”