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Department of Energy Allocates $ 27 Million to Ocean Wave Energy Technology – News


Image source: PacWave

The US Department of Energy (DOE) has allocated $ 27 million in federal funding for research and development on a project focused on efficiently converting energy from ocean waves to carbon-free electricity.

so Press releaseThe DOE said the resource aims to “advance wave energy technology towards commercial viability” and supports Biden Administration’s clean energy goal of zero net emissions by 2050.

The selected projects will be researched and developed at the PacWave South facility off the coast of Newport, Oregon.

The facility is the result of a partnership between DOE and Oregon State University in 2016 to build the country’s first certified, grid-connected, pre-licensed, pre-licensed open water wave energy testing facility.

Construction will begin in June and will start operation in 2023.

Energy Secretary Jennifer M. Granholm said that American seas and lakes have “infinite energy potential” and PacWave “leads the country in our efforts” to harness that power. I’m helping. “

“Wave energy gives us the opportunity to add renewable energy to the grid and introduce sustainable energy to hard-to-reach communities,” she said in a statement. “DOE’s investment in American companies and universities developing these new technologies will drive the future of our clean energy.”

According to DOE, the funds will be split into three projects.

According to DOE, the full application for funding is due on October 5th.

Data quoted from the US Energy Information Administration, CNBC It reported that the shares of natural gas and coal in utility-scale power generation last year were 40.3% and 19.3%, respectively. The total share of renewable resources was only 19.8%.

Various systems Take in ocean energy It is currently being developed by several European companies, including UK-based Ocean Energy.

In the UK, a similar public funding initiative was announced by universities and governments in March to support wave energy development. as a whole, £ 7.5m ($ 10.33 million) was allocated to projects aimed at increasing sector efficiency and resilience.

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