Showing posts with label Water Power. Show all posts
Showing posts with label Water Power. Show all posts

Saturday, May 24, 2008

Water Power Receives US Funding

The US Department of Energy (DOE) has announced that there is up to US $7.5 million of federal funding allocated to research and development of the advancement of water power systems. The viability and ability to make the systems cost-competitive will fall inder this funding allocation.

US companies and universities will be sourght by the DOE to develop technologies capable of harnessing ocean wave, tidal, current and other water-based resources.

The Funding Opportunity Announcement will provide the opportunity for research to be conducted on engineering standards and codes, energy grid interconnection issues, assessments of tidal and water resources and siting requirements. The DOE intends on awarding up to 17 grants after applications are received by the June 16 due date.