US Federal regulators and the state of Maine have signed an agreement to coordinate the development of projects that generate tidal power, it has been revealed.
The deal marks the first such agreement on the technology for the US East Coast, reported Reuters.
The Federal Energy Regulatory Commission (FERC) said it signed the agreement with the state of Maine to coordinate procedures and schedules for review of tidal energy projects off the state’s coast.
According to US sources, several companies are racing to generate clean power by building machines with turbines that turn with the natural cycles of the tides.
The FERC has previously signed agreements on tidal power with the US states of Oregon and Washington.