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DOE to Invest up to $12 Million to Support Development of Advanced Water Power Technologies

April 9, 2009

The U.S. Department of Energy (DOE) today announced the issuance of a Funding Opportunity Announcement (FOA) for up to $12 million, subject to annual appropriations, to support the research and development of advanced water power technologies, including both marine and hydrokinetic and conventional hydropower technologies. Through public-private partnerships, the FOA seeks to enhance the viability and cost-competitiveness of advanced water power systems, strengthening U.S. scientific discovery, promoting clean and secure energy, increasing economic prosperity, and demonstrating U.S. leadership in addressing climate change.

The FOA provides industry members and industry-led partnerships the opportunity to conduct research in three topic areas, adding to the existing $7.3 million that DOE committed in 2008 to the research, development, demonstration, and deployment of advanced water power technologies:

• Marine and Hydrokinetic Energy Conversion Device or Component Design and Development to develop, refine and/or test marine and hydrokinetic energy conversion devices or components.
• Marine and Hydrokinetic Site-specific Environmental Studies to investigate the environmental impacts related to the installation, testing, and operation of marine and hydrokinetic energy conversion devices.
• Advanced Water Power Market Acceleration Projects to conduct resource and cost assessments of U.S. offshore, in-stream, ocean thermal and advanced hydropower resources.

In working to develop technologies that harness the power of our water resources, DOE is furthering the United States' energy security, environmental quality, and economic vitality in public-private partnerships and dramatically increasing clean-energy research funding to develop cleaner, lower cost, and more reliable alternative energy sources. The Energy Independence and Security Act of 2007 authorizes DOE to establish a program of research, development, demonstration, and commercial application to expand marine and hydrokinetic renewable energy production.

http://www1.eere.energy.gov/windandhydro/news_detail.html?news_id=12447