Update on AquaEnergy Project

This piece
called Current from the Tides by Derek Reiber from TidePool 3/25/03 reports on the progress of AquaEnergy, a Mercer Island company working on a one MW wave energy conversion system which will be deployed off the coast of Washington State. As we reported earlier, FERC declared jurisdiction over the project, finding that it constituted a hydroelectric project subject to licensing by FERC under the Federal Power Act.