U.S. Department of Energy - Energy Efficiency and Renewable Energy

EERE Financial Opportunities

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Current and Upcoming MHK Funding Opportunities

April 22, 2013

On March 22, the Water Power Program—in collaboration with the Bureau of Ocean Management—announced a funding opportunity of up to $1.9 million to reduce market barriers commonly faced by the marine and hydrokinetic (MHK) technology industry. Through this funding opportunity, the program will collaborate with BOEM to select up to 11 awards to collect environmental monitoring and experimental data from deployed MHK technology devices. Applications are due May 16, 2013.

On April 22, the program announced a funding opportunity of up to $13 million for projects that will improve the performance of existing marine and hydrokinetic systems through the development and verification/validation of innovative components that are designed and built specifically for MHK applications in three areas: 1) advanced controls, 2) next-generation power take-off, and 3) optimized structures. Letters of intent are required and are due by May 13, 2013, and applications are due June 3, 2013.

In addition, on April 9, the program issued a Notice of Intent for an additional funding opportunity expected to be posted later this year. Tentatively titled “Marine and Hydrokinetic (Wave) Testing Infrastructure Development,” DOE intends to fund two university- or national laboratory-led projects that will conduct preliminary engineering designs and select a potential site for an open water, fully energetic testing facility for wave energy technologies.

To learn about funding opportunities available through the DOE Water Power Program, please visit the Financial Opportunities Web page.