ARKANSAS, Oct 8 (Future Headlines)- California Governor Gavin Newsom has signed SB 605 into law, a groundbreaking legislation that aims to assess the feasibility, costs, and potential of deploying wave and tidal energy technology along California’s coastline. This marks a significant stride towards harnessing ocean energy to bolster the state’s renewable energy portfolio and transition to 100% clean energy.

The legislation, introduced by Senator Steve Padilla and sponsored by AltaSea at the Port of Los Angeles, has received unanimous support in both the California State Senate and Assembly. It directs the California Energy Commission to collaborate with various state agencies and stakeholders to conduct a comprehensive study and assessment of wave and tidal energy potential along California’s extensive 840-mile coastline.

California has set a target to achieve a carbon-free energy grid by 2045, making it crucial to explore diverse and sustainable energy resources. AltaSea at the Port of Los Angeles, a 35-acre ocean technology campus, is a primary sponsor of the legislation. It will soon house some of California’s initial wave energy pilot stations, including Eco Wave Power’s first US onshore wave energy pilot station.

Eco Wave Power recently connected its power station at the Port of Jaffa in Tel Aviv to Israel’s energy grid, demonstrating the real-world application of wave energy technology. Wave and tidal energy have significant untapped potential, with the National Renewable Energy Laboratory (NREL) suggesting that they could supply up to 30% of the nation’s energy needs. California’s outer continental shelf alone could power 13 million homes.

CalWave Power Technologies, a California-based company, sees great opportunities to advance the wave energy industry for local and global communities’ transition to clean energy security.

Senator Steve Padilla: “Ocean energy is one of the largest untapped sources of renewable energy, and California is now well-positioned to harness that energy and accelerate our transition to 100% clean energy while creating high-paying jobs.”

Terry Tamminen, President and CEO of AltaSea: “We are incredibly proud to have sponsored this landmark legislation, and we look forward to working with the California Energy Commission and our partners to showcase the viability of wave energy.”

Inna Braverman, Founder & CEO of Eco Wave Power: “Wave energy has massive potential, and we will soon be demonstrating our pioneering technology at the Port of Los Angeles, showcasing that wave energy can be a significant force in combating climate change and powering our communities.”

Marcus Lehmann, Ph.D., CEO of CalWave Power Technologies: “We see a great opportunity for the state to jump-start this promising industry for local and global communities’ path to fully clean energy security.”

California’s commitment to exploring wave and tidal energy aligns with its leadership in climate initiatives and clean energy solutions, positioning the state as a pioneer in the adoption of sustainable and innovative energy sources.

Reporting by Kevin Wood; Editing by Sarah White