Oregon lawmakers don’t want the state to get stuck with the bill if a wave-energy company installs equipment off shore and then goes belly up.
The Senate voted Monday to require that companies experimenting with wave energy in Oregon’s territorial waters show they have enough money to recover their equipment when they’re done with it. They’d be required to remove equipment two years after it’s no-longer needed.
Democratic Sen. Arnie Roblan of Coos Bay says one company lost a buoy anchor and paid the cost of an expensive search and recovery. Roblan says he doesn’t want the state to be on the hook for cleanup costs if other wind-energy equipment goes awry.
The restriction applies only to wave energy projects within three miles of the Oregon coast.