US marine gets $10.5m injection
Six projects selected to receive Department of Energy funding
The US Department of Energy today made $10.5m available to support the design and operation of marine and hydrokinetic (MHK) systems through survivability and reliability-related testing of these systems.
Six projects have been selected for the Next-Generation Marine Energy Systems – Durability and Survivability funding.
In particular, the funding will look to:
- increase the survivability of wave energy converter systems, thus decreasing capital costs or extending their life spans; and
- reduce uncertainty around the installation, operations and maintenance of wave and current energy converters, thus decreasing their overall costs and increasing their ability to function over time.
The DoE said it is working to harness this largely untapped renewable energy resource that could provide clean, affordable energy to homes and businesses across the country's coastal regions.
The funding will focus on reducing the costs of MHK systems in the early stages of the development cycle, DoE said.
“By reducing uncertainty in MHK survivability, installation, operations, and maintenance, this funding opportunity will enable the cost-effective development of robust MHK technologies,” it added.