CARTER SIGNS OTEC BILL INTO LAW

From the Solar OCEAN ENERGY Liaison

INCORPORATING The OTEC Liaison
VOLUME 4 NUMBER 6
June 1980

CARTER SIGNS OTEC BILL INTO LAW

On July 17th President Carter signed into law the finalized version of the Matsunaga-Fuqua bill. Re-numbered HR 7474, the completed act is a restoration of the original versions initiated by Senator Spark Matsunaga as S 1380 and Representative Fuqua as HR 5796. With Carter’s signature it has now become Public Law Number 96-310. The entire text of the President’s statement regarding the bill appears in this issue. While the passage into law now commits the United States Government to a national goal of 10,000 megawatts from OTEC systems by 1999, as well as providing funding (on a cost-sharing basis) for two OTEC pilot plants, the other “half” of major OTEC legislation is also near completion. The Studds-Inouye bill, initiated by Representative Studds as HR 6154 and Senator
Inouye as S 2492, deals with licensing of OTEC plants and loan guarantees, and as of July 22nd is on President Carter’s desk for signature.

As this issue goes to press, the President has ten days to either sign or veto the bill or, in the absence of his approval, allow it to automatically become law after the 10-day limitation has elapsed. While there is always the possibility of a veto, it is doubtfui, since the Studds-Inouye bill would not affect the budget, and since Senator Inouye heads the Rules Committee at the forthcoming Democratic Convention.

Highlights of the final versions of both bills will be excerpted in the next issue of Ocean Energy.

FOR IMMEDIATE RELEASE JULY 18TH, 1980
OFFICE OF THE WHITE HOUSE PRESS SECRETARY
THE WHITE HOUSE

STATEMENT BY THE PRESIDENT

I HAVE SIGNED HR 7474, THE OCEAN THERMAL ENERGY CONVERSION RESEARCH, DEVELOPMENT, AND DEMONSTRATION ACT, A BILL TO ESTABLlSH WITHIN THE DEPARTMENT OF ENERGY AN ACCELERATED RESEARCH AND DEVELOPMENT PROGRAM TO FOSTER THE EARLY USE OF OCEAN THERMAL ENERGY CONVERSION FACILITIES.

SENATOR MATSUNAGA AND REPRESENTATIVE FUQUA ARE TO BE COMMENDED FOR RECOGNIZING THE POTENTIAL CONTRIBUTION THAT RENEWABLE ENERGY RESOURCES CAN MAKE IN MEETING OUR NATION’S LONGTERM ENERGY NEEDS. THE BILL ESTABLlSHES A LONG-TERM NATIONAL GOAL OF 10,000 MEGAWATTS OF ELECTRICAL CAPACITY, OR ENERGY PRODUCT EOUIVALENT, FROM OTEC SYSTEMS BY THE YEAR 1999. IN ORDER TO ACHIEVE THIS GOAL, AS WELL AS INTERMEDIATE GOALS, AND TO FACILITATE THE DEVELOPMENT OF AN INDUSTRIAL BASE FOR OTEC TECHNOLOGY, THE BILL AUTHORIZES THE SECRETARY OF ENERGY TO DESIGN, CONSTRUCT AND OPERATE TWO OTEC DEMONSTRATION FACILITIES ON A COST-SHARING BASIS.

IN IMPLEMENTING THE PROVISIONS OF THIS BILL, THE DEPARTMENT WILL CARRY OUT A MEASURED PROGRAM FOR THE DEVELOPMENT OF OTEC TECHNOLOGY CONSISTENT WITH TECHNOLOGICAL DEVELOPMENTS AND SOUND FISCAL POLlCY. A MAJOR COMMITMENT BY THE PRIVATE SECTOR WILL BE INDISPENSABLE FOR SUCCESSFUL DEVELOPMENT OF OTEC TECHNOLOGY, AND THE DEPARTMENT OF ENERGY WILL SEEK SIGNIFICANT COST SHARING BY THE PRIVATE SECTOR FOR THESE DEMONSTRATION FACILITIES.

SIGNED: JIMMY CARTER

S 2492: PASSED INTO PUBLIC LAW, 8/3/80

PL96–320
(96th Congress; 320th Bill Passed)

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Filed under 1975-1980, 1980, Energy, OTEC

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