DoE makes wave cash splash
$40m on offer to support new marine energy test site
The US Department of Energy (DoE) has made up to $40m available to support the development of a new wave energy test site.
It said the open-water test site could be located in either state or federal waters and would have at least three test berths.
The funding is subject to congressional appropriations and will “support the site selection, design, permitting, and construction” of the project.
“The testing facility will gather critical performance data to address technical risks, lower costs, and inform future designs to accelerate the commercialization and deployment of wave energy technologies in the United States,” said the DoE.