NewEnergyNews: Federal $20 Mil Aimed At Better Ocean Energy

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    Thursday, September 08, 2016

    Federal $20 Mil Aimed At Better Ocean Energy

    DOE funds R&D on tidal and ocean energy

    September 1, 2016 (Marine Log)

    “…[Over $20 million from the U.S. Energy Department will fund] new research, development, and demonstration projects that advance and monitor marine and hydrokinetic (MHK) energy systems, which generate electricity from ocean waves and tidal currents…[Recent studies] indicate that America's technically recoverable wave energy resource ranges between approximately 900 and 1,230 terawatt-hours (TWh) per year, distributed across the coast of Alaska, the West Coast, the East Coast, the Gulf of Mexico, Hawaii, and Puerto Rico. The tidal streams resource ranges between approximately 220 and 330 TWh per year…With more than 50% of the U.S. population living within 50 miles of coastlines, there is vast potential…Three demonstration projects will integrate next-generation MHK hardware and software technologies into system designs…The selected environmental projects will help reduce the time and cost associated with required environmental monitoring…” click here for more

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