RME attends the Alaska Energy Authority Rural Energy Conference

RME attended the 7th annual Rural Energy Conference which is sponsored by the Alaska Energy Authority and was held in the capital city of Juneau on September 26-29, 2011. RME CEO Bill Staby remarked “I was really shocked by the challenges facing Alaska’s rural communities when it comes to energy costs.” “Many of these communities are 100% dependent upon diesel generators for heat and power and, due to high fuel costs, are paying the equivalent of more than $0.60/kWh.” “We think that, for certain of these communities, wave power can significantly lower energy costs and thereby help stem the flow of out-migration which is so threatening to their viability."