WPTO announced up to $23 million in funding to support marine energy technologies that aim to reduce capital costs and shorten deployment timelines.
Water Power Technologies Office
April 30, 2018
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The Water Power Technologies Office announced up to $23 million in funding to support marine energy technologies that aim to reduce capital costs and shorten deployment timelines. Funded research will further the development of technologies and result in cost reduction by advancing early stage research and evaluation of next generation wave and tidal/current systems; supporting early stage design of power take-off and control systems; and developing tools and methodologies that capture recent advances in the scientific understanding of environmental impacts of marine renewable energy.
Fundamental scientific and engineering challenges of generating power from dynamic, low-velocity and high-density waves and currents—while surviving in corrosive ocean environments—are intensified by high costs and lengthy permitting processes. Innovative early-stage research provides scientific data to inform design considerations, as well as licensing and permitting decisions, which will help reduce capital costs and permitting timelines.
More information about the funding opportunity can be found here.