upon and complement current State, multistate, and regional capacity and governance and institutional mechanisms to manage and protect ocean waters, coastal waters, and ocean resources. 504. Regional strategic plans (a) Initial regional assessment (1) In general Not later than 1 year after the date of the enactment of this Act, each Regional Coordination Council shall prepare an initial assessment of its Coordination Region that identifies deficiencies in data and information necessary to informed decisionmaking. Each initial assessment shall, to the extent feasible— (A) identify the Coordination Region’s renewable and nonrenewable resources, including current and potential energy resources