On April 30, the Energy Department announced that up to $13 million dollars in funding were to be invested to develop and test advanced components and technologies that will enhance the performance of marine and hydrokinetic energy systems. Due to this recent funding opportunity, the Energy Department wants to support projects that will augment the power-to-weight ratio of the marine and hydrokinetic energy systems or improve the reliability of the system through the investment in three component technologies. The Energy Department will choose six projects to develop advanced control systems and assess the performance improvements; and two projects will develop and test a device that minimizes the loads transmitted to other components and increases the device's capability to endure severe conditions.
The DOE is working closely with the Bureau of Ocean Energy Management (BOEM) to support and endorse increased understanding of the potential environmental effects of marine and hydrokinetic energy devices. This funding opportunity announcement will support the collection of environmental monitoring and experimental data from the marine and hydrokinetic devices and analyses of data.