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Oceana Energy Company is a tidal power company based in Washington, DC. It is noted for having secured preliminary site permits for tidal power installations in various states and for being managed by high-profile lawyers. Critics, including Verdant Power (who is building tidal turbines near Manhattan Island), accuse the company of squatting on prime locations identified earlier by EPRI, a utilities' research group. Sean O'Neill, president of the Ocean Renewable Energy Coalition, says he is unsure if Oceana is acting speculatively, but that "Any company that is banking sites should be tarred and feathered."
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