Houston-based Dynegy has dropped plans to build a wave energy farm off the coast of Central California near Morro Bay. The energy company, who owns the mothballed power plant in Morro Bay, filed a notice with the federal government a few months ago.The Federal Energy Regulatory Commission (FERC) said in two October 4 notices that the company decided to drop preliminary permits issued by FERC in 2014 for two wave energy projects in the Pacific Ocean off of California.
Under Project No. 14584, Dynegy Point Estero Wave Park LLC had proposed the Point Estero Wave Park Project.
Withe this news and the decision by the Department of Energy not to fund a $40 million CalPoly wave energy test project off Vandenberg – the ocean off the Central Coast still has two companies considering construction of an offshore wind farm near Morro Bay.
The federal Bureau of Ocean Energy Management (BOEM) is working with both Trident Winds and Statoil on a possible lease of lands offshore in federal waters.