Financial Opportunities by Audience

Back to Listing

Administration of the Wave Energy Converter Prize

Open Date: 03/10/2014

Close Date: 05/14/2014

Funding Organization: Office of Energy Efficiency and Renewable Energy

Funding Number: DE-FOA-0000979


The Water Power Program is seeking a Prize Administrator with expertise in prize competitions to collaborate with DOE, technical experts, and a wave tank testing facility in developing and implementing the Wave Energy Converter (WEC) Prize. The WEC Prize competition aims to attract innovative ideas from developers new to the industry and next generation ideas from existing developers by offering a monetary prize purse and providing an opportunity for tank testing and evaluation of scaled WEC prototypes. The Program envisions that this competition will achieve game-changing performance enhancements to WEC devices, establishing a pathway to sweeping cost reductions at a commercial scale. Administration of the WEC Prize will include: prize development, implementation of the WEC Prize competition stages (e.g. design, build, and test and evaluation), and post-competition publicity and evaluation of impact of the WEC Prize.

For more information, see the full solicitation.

Last updated: 03/12/2014

Funding amounts and schedules are subject to change.