A historic moment for tidal power in the US. Thank you, FERC, for issuing the first commercial license to a tidal power project. The lucky permit holder is Verdant Power. However, it is not really a question of luck but rather hard work. The company has been building its turbine design and East River project site for years. They first installed turbines at this site in 2002, 10 years ago. The turbines got mangled by the fierce tides so the company has been improving its design since then. The 1 Megawatt project is expected to sell enough energy to Con Edison to power almost 1,000 nearby homes. The first 5 turbines are expected to enter the water in late 2013. The renewable energy world will eagerly await the environmental results of this system, which I’m sure will influence the policy and regulation issues faced by future tidal companies.