Energy Department Awards More Than $20M for Wave and Tidal Energy Projects

August 31, 2016

Ocean Renewable Power Company of Maine one of three demonstration projects to integrate next-generation MHK hardware and software technologies into system designs.

(Press Release from Energy.Gov 8/31/2016) – The Energy Department today announced 10 organizations selected to receive more than $20 million in funding for 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. These projects will aim to improve the performance of MHK systems and advance environmental monitoring technologies that will help protect wildlife and reduce uncertainty regarding potential environmental impacts. Read more here.