H.C.R. No. 55 Summary

• Requests the Department of Business, Economic Development, and Tourism to conduct a study on using wave energy production to meet Hawaii's renewable energy goals.

• Study must be submitted to the Legislature no later than twenty days prior to the convening of the Regular Session of 2019.

• Recognizes wave energy as a consistent renewable power source, with the World Energy Council estimating that less than one-tenth of one percent of ocean renewable energy could satisfy world energy demand five times over.

• Notes that wave energy is already being used by countries with extensive coastlines such as Great Britain, Australia, and Spain.

• Emphasizes that wave energy development would enhance Hawaii's reputation as a leader in renewable resources, ocean technology, and coastal resource management while providing economic benefits including job creation and tax revenues.