ORPC, through its regional development company, ORPC Alaska, LLC, has obtained a Preliminary Permit from the Federal Energy Regulatory Commission (FERC) for a tidal energy site in the Cook Inlet, including Knik Arm, adjacent to Anchorage , AK . The Cook Inlet is one of the most robust tidal energy resources in the world. It borders on the largest load center in Alaska ( Anchorage ) and provides direct access to the Alaska rail belt grid.

ORPC plans to build, own and operate a major OCGen™ tidal energy project at the Cook Inlet site. The ultimate tidal energy project will be developed and implemented in phases, starting with a turbine-generator unit (TGU) demonstration project in Spring 2008. Following the TGU demonstration project, ORPC plans to engineer, build, install and monitor (for a minimum period of 1 year) a commercial scale prototype tidal OCGen™ module at the site. ORPC hopes to install the prototype OCGen™ module in mid-2010 and operate it until at least mid-2011. ORPC then plans to begin installation of the 1st phase of the ultimate tidal energy project in mid-2012. The power generated will be interconnected to the sic Alaska rail belt utilities. ORPC began initial project development activities in Alaska in the spring of 2006 and has selected Port Mackenzie as its center of operations. A Letter of Intent has been executed with the Matanuska-Susitna Borough,, owner of Port Mackenzie, pledging their full support of and cooperation with ORPC's project development activities. In addition, ORPC has developed positive relationships with state and local environmental organizations and other key stakeholders.