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Oceans of Opportunity: U.S. Wave Energy Open Water Testing (DE-FOA-0003415) is sponsored by U.S. Department of Energy (DOE), Office of Energy Efficiency and Renewable Energy (EERE), Water Power Technologies Office (WPTO). This funding opportunity aims to advance the commercial readiness of wave energy technologies through open water testing and system validation.
It supports projects across three topic areas: distributed applications, community applications, and utility applications.
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Oceans Of Opportunity: US Wave Energy Open Water Testing Oceans of Opportunity: US Wave Energy Open Water Testing On September 18, 2024, the US Department of Energy’s Water Power Technologies Office (WPTO) opened an opportunity for up to $112. 5 million in funding to advance the commercial readiness of wave energy technologies through open water testing and system validation.
This five-year investment will significantly accelerate the design, fabrication, and testing of multiple wave energy converters (WECs), which harness power from ocean waves. Wave energy, a type of marine energy, can provide local, affordable, and clean energy for US electric grids, coastal communities, and offshore work and the blue economy .
For example, it can help power rural and remote island communities, which often rely on expensive shipments of fossil fuels. Wave energy is abundant and complementary to other renewable energy sources, like wind energy and solar power. While it is not yet widely deployed across the country, the total available wave energy resource in the United States is equivalent to approximately 34% of all US power generation.
Even if only a portion of this technical resource potential is captured, wave energy technologies would make significant contributions to US energy needs. This opportunity is designed to reduce risks for deployments, increase the potential for commercial adoption through longer-duration demonstrations (expected to last six months to two years), and offer additional benefits to help quickly advance WECs.
This includes the ability to identify and mature high-potential WEC technologies, reduce financial risks for developers and incentivize investors, progress technologies at smaller scales while developing toward utility scale, and increase learning for installation, operations, and maintenance. This opportunity will fund projects in three topic areas: Up to $16.
875 million for wave device development and open water testing for dispersed (e.g., remote/offshore) use cases and power-at-sea applications. Up to $45 million for wave device development in direct support of coastal community needs, which may include power and/or desalinated water applications. Up to $50.
625 million for wave device development in support of utility power needs, utilizing offshore, grid-connected testing facilities such as PacWave . Up to 17 awards are anticipated under the Oceans of Opportunity: US Wave Energy Open Water Testing funding opportunity . Individual awards may vary between $2.
41 million and $25. 313 million. Applicants must submit a concept paper by 5 p.
m. ET on October 25, 2024 , to be eligible to submit a full application. WPTO will host an informational webinar at 11 a.
m. ET on October 9, 2024 , to discuss the funding opportunity and areas of focus. Register for the webinar Funding for this opportunity is subject to congressional appropriations.
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According to the current listing, eligibility includes: This FOA solicits applications for advancing wave energy research, development, and demonstration (RD&D). Confirm the full requirements in the official notice before applying.
The current listing shows up to $112.5 million. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Oceans of Opportunity: U.S. Wave Energy Open Water Testing (DE-FOA-0003415) is funded by U.S. Department of Energy (DOE), Office of Energy Efficiency and Renewable Energy (EERE), Water Power Technologies Office (WPTO). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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