![]() ![]() Projects will develop plans for a tidal and/or current demonstration site engage with Tribal, local, state, labor, and regulatory parties build local commercial and supply chain relationships develop needed infrastructure at the site and install 1 to 5 megawatts of tidal and/or current turbine capacity at the site.Ī key goal under this topic area is for the project team to perform the research and development activities needed to demonstrate commercial viability, enabling the project to be transitioned into a commercial project that continues operation after the end of this funding opportunity’s period of performance. This topic area will provide up to $35 million to support the development of a pilot tidal and/or current technology demonstration site in state waters. Topic Areas Topic Area 1: Tidal and/or Current Site Development Applicants must submit a concept paper to be eligible to submit a full application. ET on June 5, 2023, for topic area 1 and 5 p.m. The deadlines for concept papers are 5 p.m. ![]() Topic area 2 will provide up to $10 million to support a community-led tidal and/or current energy planning and development project.Topic area 1 will provide up to $35 million to support the development of a pilot tidal and/or current energy technology demonstration site in state waters.Tidal Energy Advancement-will support projects in two topic areas focused on advancing the tidal and current energy industry toward commercialization for utility- and community-scale applications: This funding opportunity-Bipartisan Infrastructure Law, Section 41006(a)(2): U.S. leadership in tidal and current energy development, while also meeting community energy priorities and developing the sector’s supply chain and workforce. This funding opportunity represents DOE’s largest ever investment in marine energy and WPTO’s largest funding opportunity to date. Even if only a small portion of this technical resource potential is captured, marine energy technologies would make significant contributions to a 100% clean energy grid and help reach President Biden’s goal of achieving a net-zero economy by 2050. marine energy resources are equivalent to nearly 60% of all U.S. While marine energy technologies are at an early stage of development, total available U.S. Tides and currents are incredibly predictable, meaning these resources could help balance other sources of renewable energy. Tidal energy systems harness power from tides, the movement of water created by the moon’s gravitational force, while current energy systems capture power from the directional flow of water. Marine energy technologies, including tidal and current technologies, transform the energy in the natural flow of oceans and rivers into clean electricity. It will also support a community-led tidal and/or current energy planning and development project. Part of President Biden’s Invest in America Agenda and funded by the Bipartisan Infrastructure Law, this opportunity will make the first large-scale investment in a tidal and/or current energy research, development, and demonstration site in the United States. Department of Energy’s Water Power Technologies Office (WPTO) today released a $45 million funding opportunity to advance a comprehensive approach to tidal and current energy development in the United States. ![]()
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