article thumbnail

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

Green Car Congress

These methodologies will significantly decrease the levelized cost of energy (LCOE) of the final HKT design. The University of Michigan proposes the RAFT concept as a solution for hydrokinetic energy harvesting. It has a low maintenance cost, resulting in a lower cost of energy. Westergaard Solutions, Inc.

Mariner 418
article thumbnail

USC study shows promising potential for giant-kelp-based biofuel with depth-cycling approach

Green Car Congress

Marine BioEnergy invented the concept of depth-cycling the kelp, and USC Wrigley scientists conducted the biological and oceanographic trial. The Department of Energy has a study to locate a billion tons of feedstock per year for biofuels; Cindy Wilcox said the ocean between California, Hawaii and Alaska could contribute to that goal.

Mariner 468
article thumbnail

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

Green Car Congress

The 27 projects range from concept studies and component design research to prototype development and in-water device testing. The Department of Energy will leverage private sector investments in marine and hydrokinetic energy technologies by providing cost-shared funding to industry and industry-led partnerships. Atargis Energy, Inc.

Mariner 210
article thumbnail

US and Japan successfully complete Arctic field trial of gas hydrate production technology using CO2-methane exchange within structure

Green Car Congress

US Energy Secretary Steven Chu announced the completion of a successful test of technology in the North Slope of Alaska that was able to safely extract a steady flow of natural gas from methane hydrates. The ongoing, proof-of-concept test commenced on 15 February 2012, and concluded on 10 April. Source: NETL. Click to enlarge.

Japan 225
article thumbnail

President Obama calls on Congress to establish $2B Energy Security Trust for advanced transportation research, funded by oil and gas royalty revenues

Green Car Congress

In an speech at Argonne National Laboratory today, President Obama called on Congress to establish a new Energy Security Trust (EST) to invest in critical, breakthrough research focused on developing cost-effective transportation alternatives. Earlier post.). It’s also about saving the environment. but also about national security.

Obama 239