US Energy Department pledges $4 Million to advance America’s water power industry

Goal is to engage America’s research universities in the effort to accelerate the development of the emerging marine and hydrokinetic energy industry in the US.

According to the US Department of Energy, this funding will support high-impact research projects designed to enable the capture of renewable wave and tidal energy, while supporting the growth of a globally competitive marine and hydrokinetic workforce.

How the program works: A consortium of universities will receive funding to optimize operations, reduce maintenance costs, and improve the components and performance of marine/hydrokinetic systems over three years. The selected universities will also pursue a range of related water power research projects to develop and evaluate distributed applications, measure and model wave and tidal resources, and enhance environmental monitoring techniques and instruments.

The Energy Department seeks a consortium that demonstrates the ability to leverage its field capabilities and expertise in order to address strategic opportunities within the department’s marine/hydrokinetic technology development portfolio. The consortium’s research and development activities will be implemented in collaboration with the Energy Department on a year-to-year basis to advance America’s water power industry.

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