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Energy Efficiency Takes-Off at the Honolulu International ... - Heco.com

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The turbine’s blades shift in response to<strong>the</strong> direction of <strong>the</strong> air flow, allowing <strong>the</strong>turbine to turn continuously in onedirection. Electricity is <strong>the</strong>n broughtashore through an undersea cable andunderground lines to a subst<strong>at</strong>ion tied to<strong>the</strong> island electrical grid.Unlike many o<strong>the</strong>r kinds of wave energytechnology, <strong>the</strong> Oceanlinx system hasno moving parts below <strong>the</strong> w<strong>at</strong>er line,avoiding some of <strong>the</strong> tribul<strong>at</strong>ions th<strong>at</strong>vex bo<strong>at</strong> owners everywhere, like <strong>the</strong>corrosive n<strong>at</strong>ure of salt w<strong>at</strong>er and <strong>the</strong>love of barnacles and <strong>the</strong> like to <strong>at</strong>tach toanything in <strong>the</strong> w<strong>at</strong>er.Oceanlinx is still monitoring wave p<strong>at</strong>terns,g<strong>at</strong>hering financing and investors,and preparing an environmental impactst<strong>at</strong>ement for <strong>the</strong> project. MECO willnegoti<strong>at</strong>e a purchase power agreementwith Oceanlinx and seek approvals from<strong>the</strong> Hawaii Public Utilities Commission.Oceanlinx has also signed a Memorandumof Understanding with RenewableHawai’i, Inc., an unregul<strong>at</strong>ed subsidiaryof HECO, for possible passive investmentin <strong>the</strong> project.HECO’s President and CEO Mike Mayalso thanked members of <strong>the</strong> Mauilegisl<strong>at</strong>ive deleg<strong>at</strong>ion, includingRepresent<strong>at</strong>ive Angus McKelvey(District 10: Lahaina, Kaanapali, Kapalua,Maalaea, Kihei) who was instrumental inbring Oceanlinx and MECO toge<strong>the</strong>r.And Mike May paid a special <strong>com</strong>plimentto Represent<strong>at</strong>ive Cynthia Thielen(District 50: Kailua, Kaneohe Bay), along-time proponent of ocean energy.“Represent<strong>at</strong>ive Thielen’s persistence and<strong>com</strong>mitment to developing ocean energyin Hawai’i have helped bring us to thisday.”For Maui, it will be one more link in itsrenewable energy chain th<strong>at</strong> alreadyincludes biomass and wind and willsoon include biofuels and wave energy.Indeed, Maui could be<strong>com</strong>e <strong>the</strong> firstHawaiian island to be 100 percentrenewable for electricity within a decade.To learn more about Oceanlinx go towww.oceanlinx.<strong>com</strong>.The project could be oper<strong>at</strong>ional by2010. The cost, to be borne byOceanlinx and its investors, is estim<strong>at</strong>ed<strong>at</strong> $20 to $30 million. A proposal in <strong>the</strong>St<strong>at</strong>e Legisl<strong>at</strong>ure would provide Oceanlinxwith a Special Purpose RevenueBond, allowing <strong>the</strong> <strong>com</strong>pany to borrow<strong>at</strong> more <strong>at</strong>tractive r<strong>at</strong>es without puttingany burden on <strong>the</strong> public treasury.Graphics courtesy of Oceanlinx12

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