RME CEO provides testimony before Utilities and Energy Committee of the Maine State Legislature

RME CEO Bill Staby today testified before the Utilities and Energy Committee of the Maine State Legislature regarding LD 1810 which implements the recommendations of the Governor's Ocean Energy Task Force. “While we generally support the proposed legislation, in my opinion, as currently written, it favors the development of other renewable energy resources over wave energy to the detriment of Maine’s offshore energy future,” Staby said. “What the citizens of Maine need to know is that establishing one or more offshore test zones for wave energy technologies would bring big economic benefits to the state as companies like ours start coming here to conduct ocean trials of reduced-scale prototypes.” “Our industry will employ engineers, equipment suppliers, fabricators and a whole host of service providers such as environmental firms, divers, and marine transport operators.”