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The Federal Energy Regulatory Commission (FERC) and the U.S. Coast Guard have signed a memorandum of understanding (MOU) to cooperate with each other on the development of hydrokinetic projects, which generate power from waves, tides, ocean currents and the flow of rivers.

According to FERC, the MOU will advance interagency cooperation in protecting navigation safety, maritime security and environmental resources when considering license proposals for hydrokinetic energy development.

“Hydrokinetic development is an up-and-coming resource, and this MOU provides valuable coordination between FERC and the Coast Guard to ensure an efficient process while protecting valuable environmental resources,” comments FERC Chairman Jon Wellinghoff.

The MOU aims to improve the ability of the agencies to establish a joint timetable, identify critical issues early, acquire and share information efficiently, and collaborate on analysis.




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