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DOE awarding $35M to 11 projects for hydrokinetic turbine development; ARPA-E SHARKS

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Projects are encouraged to apply concurrent (as opposed to sequential) design methodologies: control co-design, co-design, and designing for operation and maintenance. These methodologies will significantly decrease the levelized cost of energy (LCOE) of the final HKT design. University of Alaska Fairbanks. Emrgy, Inc.

Mariner 418
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US DOE Awards $37 Million for Marine and Hydrokinetic Energy Technology Development

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The US Department of Energy (DOE) has selected 27 projects for more than $37 million in funding to accelerate the technological and commercial readiness of emerging marine and hydrokinetic (MHK) technologies, which seek to generate renewable electricity from oceans and free-flowing rivers and streams. DOE Funding: $160,000.

Mariner 210
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Boeing projects $820B market for 7,290 new airplanes in North America over next 20 years

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The market is shaped by aggressive growth of low-cost carriers and the need to replace aging airplanes in the fleets of the established network carriers. —Randy Tinseth, vice president of Marketing, Boeing Commercial Airplanes. The network carriers are expected to maintain strict capacity discipline.