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

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These methodologies will significantly decrease the levelized cost of energy (LCOE) of the final HKT design. The innovative new turbine designs, along with distributed load control and regulator concepts, significantly reduce the levelized cost of energy. It has a low maintenance cost, resulting in a lower cost of energy.

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

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The 27 projects range from concept studies and component design research to prototype development and in-water device testing. Boston, Massachusetts) will develop a cost-effective, high efficiency, power take-off system for a wave energy converter, a mechanism to convert water’s mechanical energy into usable electricity.

Mariner 210
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Cal Energy Commission adopts report outlining how state transforming transportation system to meet climate goals

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The Energy Commission also approved almost $16 million in research grants to help develop the next generation of energy efficient technologies for commercial and residential buildings; $11 million for projects to convert feedstock and waste into biofuels; and about $900,000 for natural gas innovations. Representing about 3.7%

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DOE awards $10.5M for next-generation marine energy systems

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Projects funded under these awards will improve the survivability characteristics and reduce uncertainty regarding installation, operations, and maintenance of MHK systems operating in potentially harsh marine conditions, thus extending their lifespans and ultimately leading to a reduction in the cost of MHK-derived energy.

Mariner 150