The U.S. Department of Energy (DOE) announced $14.6 million in funding for 22 advanced water power projects including new marine and hydrokinetic technologies, as well as conventional hydropower plants.
The selected projects address five topic areas:
Hydropower Grid Services – Selection has been made for a project that develops new methods to quantify and maximize the benefits that conventional hydropower and pumped storage hydropower provide to transmission grids.
University Hydropower Research Program – Selected projects will be for organizations to establish and manage a competitive fellowship program to support graduate students and faculty members engaged in work directly relevant to conventional hydropower or pumped storage hydropower.
Marine and Hydrokinetic Energy Conversion Device or Component Design and Development – Selections are for industry-led partnerships to design, model, develop, refine, or test a marine and hydrokinetic energy conversion device, at full or subscale, or a component of such a device.
Marine and Hydrokinetic Site-specific Environmental Studies – Selected projects are for industry-led teams to perform environmental studies related to the installation, testing, or operation of a marine and hydrokinetic energy conversion device at an open water project site.
Advanced Water Power Market Acceleration Analysis and Assessments – Selections are for a number of energy resource assessments across a number of marine and hydrokinetic resources, as well as life-cycle cost analyses for wave, current and ocean thermal energy conversion technologies.
Funded projects include two for Ocean Renewable Power Company of Portland, Maine; two for Lockheed Martin (NYSE: LMT); and one each for Principle Power, Inc of Seattle, WA and Ocean Power Technologies, Inc of Pennington, NJ.
For a full list and descriptions of projects, visit the link below.
In Related News…
DOE has launched the H-Prize competition, offering a $1 million award to an individual or team that creates the most advanced materials for hydrogen storage in vehicles.
Hydrogen storage is a critical barrier to widespread market penetration of hydrogen-fueled vehicles, including fuel cell vehicles. Future prizes will address other technical barriers to fuel cell vehicles, including hydrogen production and distribution.
Participants must submit material samples by mid-November 2010, and the prize should be awarded in February 2011. The H Prize is open to U.S. companies, U.S. citizens, and legal U.S. residents, with certain restrictions, and participants must register on the H-Prize website by February 15, 2010.
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