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

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Hydrokinetic energy is an abundant renewable resource that can boost grid resiliency and reduce infrastructure vulnerability, but it is currently a cost prohibitive option compared to other energy generating sources. The 11 SHARKS projects are: National Renewable Energy Laboratory. HydroMINE: Simple, Modular and Scalable – $2,000,000.

Mariner 418
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Obama Administration releases implementation plan for the National Strategy for the Arctic Region

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The main lines of effort of the Strategy and the Implementation Plan are: (1) to advance US security interests; (2) to pursue responsible Arctic region stewardship, including an increase in scientific research related to the region; and (3) to strengthen international cooperation. Provide for Future US Energy Security.

Obama 207
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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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High fuel prices are intensifying the need for new fuel-efficient airplanes, prompting several airlines in the United States to accelerate their fleet renewal programs. Alaska, American, Delta, Southwest and United have announced plans to replace some of their older, less efficient airplanes with Next-Generation 737s or the new 737 MAX.