Jul 6, 2021

DOE Announces $27 Million To Accelerate Ocean Wave Energy Technology To Market

The U.S. Department of Energy (DOE) today announced up to $27 million in federal funding for research and development projects to convert energy more efficiently from ocean waves into carbon-free electricity. This funding opportunity aims to advance wave energy technologies toward commercial viability, and supports the Biden-Harris Administration's efforts to build a clean energy economy that will create good-paying jobs and reach net-zero carbon emissions by 2050.

"Oregon is helping lead the nation in our efforts to harness the unlimited energy potential in America's oceans and lakes," said Secretary of Energy Jennifer M. Granholm. "With wave energy, we have the opportunity to add more renewable power to the grid and deploy more sustainable energy to hard to reach communities. DOE's investments in America's businesses and universities developing these new technologies will propel our clean energy future."

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https://www.energy.gov/articles/doe-announces-27-million-accelerate-ocean-wave-energy-technology-market