The U.S. Department of Energy's Office of Energy Efficiency & Renewable Energy has announced two funding programs aimed at strengthening America's wave and tidal energy industry.
The awards have a combined value of US$10 million and are intended to support the design, manufacture, demonstration and testing of marine and hydrokinetic (MHK) technology.
Offered by DOE's Water Power Program are:
- Administration of the Wave Energy Converter (WEC) Prize: The department will award up to $6.5 million to an administrator tasked with developing a competition for "developers new to the industry and next generation ideas from existing developers by offering a monetary prize purse and providing an opportunity for tank testing and evaluation of scaled WEC prototypes". DOE said it sees the program as "establishing a pathway to sweeping cost reductions at a commercial scale".
- Environmental Stewardship for Renewable Energy Technologies: MHK Environmental and Resource Characterization Instrumentation: DOE will make $3.5 million available for the development and testing of MHK sensors, instrumentation and processing techniques "to collect physical data on ocean waves". Moneys are to be used to support the development of instrumentation, associated signal processing algorithms or software, and integration of instrumentation packages for monitoring the environmental impacts of MHK technologies.
Further information about each award is available via the Office of Energy Efficiency & Renewable Energy's website here.
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